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New York Forward Loan Fund

New York state is helping small businesses with the New York Forward Loan Fund (NYFLF). This is designed to help small businesses, non-profits and residential landlords with operating and re-opening expenses as a result of the Covid-19 pandemic. 90% of all New York...

The Post Covid Leasing Market

The last 10 years have been a landlord’s market. This is all changing as collections are increasing and landlords are seeing negative cash flows. As of April, the general consensus was 70% of tenants were paying rent. May and June saw even lower rates of...

When Does a Lease End?

When Does a Lease End? The best time to leave a property is upon expiration of the lease term, but there is always room for negotiation. Several months ago, a client (the tenant) had a lease that was close to expiration. The tenant was about to sign a lease for a...