Recently in the news is a story about a bagel store in the West Village neighborhood in Manhattan which became an “internet sensation” and its resulting popularity is causing problems with its landlord. It seems that, according to the landlord, the store has been unable, or unwilling, to accommodate the…
Articles Posted in Commercial Leasing
When is a Lease Renewal Not a Lease Renewal?
Our firm often receives inquires regarding renewals of residential leases. As prior blog posts have discussed, in general, a tenant in New York has no legal right to an automatic renewal lease, unless the rental unit is subject to some type of rent regulation. Another exception may be where the…
Is there a Doctor in the Property?
We have represented both landlords and tenants with respect to commercial leases. This post will examine the particulars to be considered when a doctor or medical practice is the tenant. When evaluating a potential location, the proposed tenant should first determine whether the space is compliant with the Americans with…
Commercial Leases and the Pandemic – Who Pays?
As the COVID-19 pandemic fades, some legal cases that were temporarily postponed by the Courts, such as commercial evictions , are resuming and going forward in litigation. A recent case in the news involved the popular family restaurant Applebee’s, and its location in the heart of New York City, …
The Masks are Off- Changes in Commercial Leases Remain
Our readers may be pleased to hear that mask mandates are falling like dominoes throughout the area served by our attorneys. This newfound attitude heralds a time of optimism. However, the scars created by the COVID era remain, particularly with respect to commercial leases. This post will examine some typical…
COVID-19 and Evictions in New York
A recent news story in the New York Post raises important issues regarding the effects of the coronavirus pandemic on evictions in New York State. According to the report, an “Intragram influencer” named Marisa Hochberg owes at least $14,000.00 in past due rent on her summer rental in Montauk, and…
Changing Conditions in New York’s Commercial Leasing Landscape Require Flexible Strategies
We note that recent news concerning New York’s commercial real estate landscape has been rapid and stunning. Iconic businesses such as Sears, JC Penney, Modell’s and Brooks Brothers have filed for bankruptcy protection or closed retail stores, office spaces remain underutilized and the restaurant business is experiencing significant challenges. Tenants…
Lease Guarantors and Holdovers in New York State
As we are all aware, the effects of the COVID-19 virus on commercial leases will be quite substantial. Many businesses have been forced to limit their hours, or have been forbidden to open at all during this time. Of course, a business whose income has been limited in this manner…
Who Let the Dogs Out?
Rockland County, New York is an area served by our firm. Surprisingly, this area has become a hotbed of competition for the hot dog consuming customer. Perhaps the contestants in the annual 4th of July hot dog eating contest sponsored by Nathan’s could even practice for the big event in…
Post-Covid Re-Opening: Back in the Swing of Things
We hope that our readers have been fortunate enough to have stayed healthy during these trying times. Finally, our home region has commenced the post-Covid re-opening process. We are currently in Phase II. Our attorneys hope that all business activities will return to “normal” as soon as possible, just as…