Whether you are a property owner or you work regularly in a property in New Jersey, you have surely seen the occasional slip, trip and fall hazard. You can have the most immaculate and well-maintained building, and still, occasional spills or dropped objects can...
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Commercial Real Estate
Which commercial lease terms can you negotiate?
When you enter into a commercial lease, whether as the lessor or the lessee, you and the other party can negotiate virtually any of its terms. While this gives both of you incredible flexibility, however, it also requires each of you to understand a variety...
Negotiating the terms of a commercial lease
When a business is deciding on a location and where it would like to set up shop in New York, the costs of a commercial lease will greatly impact where the business will be located and how long it can stay there. And depending on the current state of the commercial...
New York commercial property owners cashing in on boom
As values of New York commercial real estate continue to rise, many building owners are putting their properties on the market early, often scrapping plans to redevelop the building or sign up new tenants. In some cases owners who purchased a property less than a year...
What is a Yellowstone injunction under New York law?
For a New York commercial tenant, obtaining and keeping a lease is critical to the success of the business. Losing a commercial lease through forfeiture based on an alleged lease violation can threaten a business's survival. To make things worse, when a landlord...
Experienced lawyers for commercial property lease disputes
For the owner or operator of a store, restaurant or office in New York City, negotiating a favorable lease is often a critical factor in their business's success. Similarly, owners of commercial real estate depend on the cash flow from the monthly rent payments they...
New York approves new tower in exchange for subway upgrades
Developing commercial real estate in New York is a complicated process, to say the least. In addition to the parties directly involved in the transaction, state and local government bodies often play an important role in moving a project forward. A project recently...
What rights do commercial property owners have in foreclosure?
Residential foreclosures became a topic of national importance during the recent recession. While foreclosures of commercial property did not become a national issue, they take place on a regular basis in New York and around the country. When owners of commercial real...
New York City’s Helmsley Building sold for $1.2 billion
The historic office tower at 230 Park Avenue, commonly referred to as the Helmsley Building, has been sold for $1.2 billion. The deal is one of the biggest Manhattan office building transactions in recent years. The 34-story building sits astride Park Avenue just...
Using NY lawyers for commercial lease negotiations
Negotiating favorable lease terms is critical for any New York business. Whether the leased space is in an office building, a warehouse or a shopping mall, lease payments represent a substantial expense for the business. Making sure the business gets good value and...