Lenders have already begun taking some property owners and developers who are late on their payments to court. In hopes of minimizing their financial losses, and protecting their investors many are seeking foreclosures on their interests in these properties. Many of...
Cleaning, sanitizing and disinfecting are becoming the new normal within commercial office space. Protecting your employees as they come back into the office is absolutely necessary. Understanding the differing cleaning methods is crucial. What is your space doing to...
Landlords Increasingly Looking to Shift Insurance Obligations to Tenants Landlords have recently become more aggressive in trying to shift some of the costs of insurance that they traditionally carried onto their tenants. In a large commercial building, the cost of...
A Tale of Two Landlords In the real estate business, it’s no secret in Manhattan that when you get out into the boroughs or suburbs, the quality of the landlords changes quite dramatically. It’s not true of all landlords, but there is a definite mindset that begins to...
Negotiating the “Total Cost” of Your Rental Agreement “Total cost” encompasses more than the rent. When negotiating a commercial lease the “total cost,” including each of these factors, must be considered: Loss factor: The difference between the rentable...
