Nadel & Ciarlo, P.C.

real estate transactions Archives

There is more than 1 type of commercial real estate lease

If you are in the process of searching for commercial real estate to lease, it's important that you remember one thing: There is more than one type of lease. By keeping this in mind, you'll know exactly what you are negotiating when it comes time to do so.

Landlord sentenced to jail for mortgage fraud

It sounds like a story straight out of the 80s: A New York City landlord does everything he can to strong-arm tenants in rent-controlled apartments out of his buildings so that he can void their leases and collect the much bigger income when he charges the new tenants the current market rate. Meanwhile, he defrauds the banks by lying and claiming that he's already receiving those sweet market-rate rental fees -- which convinces them to lend him millions.

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