Commercial Real Estate

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...

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...

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...

In New York City, lessors of commercial property typically expect some negotiation when they present a proposed lease to a prospective lessee. Obviously, the amount of monthly rent is one of the most critical terms. But base rent alone is not the only figure the...

Renting commercial space in New York City can be a complex proposition. Whether you are looking for retail space, office space or industrial property, it is important to understand key lease provisions and negotiate terms that are as favorable as possible.The amount...

  According to a recent news report, Canadian investors are buying heavily in U.S. commercial real estate, including at least one landmark property in Manhattan. Developers and pension funds from north of the border are reportedly looking to the U.S. market...

When a commercial property owner gets into litigation with a tenant, the expense can be a huge drain on the bottom line. Sometimes it takes a little outside help to resolve the situation and get back to making a respectable profit. For the owners of the International...

Commercial real estate in New York is a high-stakes business. With so much on the line, you need legal counsel with a sophisticated understanding of the law that applies to your transaction.One of the most important goals in any real estate transaction is anticipating...

New York's Hudson Yards project covers 28 acres on the West Side of Manhattan. It is considered the biggest real estate development in U.S. history, and it is emblematic of the resurgence of New York City's real estate market. It is also a colossal engineering...

Times Square has long been a prime location in the world of New York commercial real estate. Whether it is for the construction, remodel, sale or lease of a building, contracts and agreements are drafted to ensure these actions are carried out properly. Although a...