Commercial Real Estate
4 Things to Know About Purchasing Commercial Real Estate
Commercial real estate purchases come with a lot of pitfalls. If this is your first time purchasing non-residential properties you’re about to enter a whole new world. And it can be a tough world to navigate if you don’t know what you’re doing. Here are four issues to watch out for. 1) You don’t have…
Read MoreThese Six Tips Can Lead to a Good Landlord/Tenant Relationship
Why do landlord and tenant relationships turn sour a few months into a lease term in Long Island? Usually, the cause is a disagreement over maintenance or neglected responsibilities. Sometimes there are arguments over rent or changes to the building. In all of these instances, the situation is not only solvable but entirely avoidable. Here…
Read More5 Protections a Landlord Wants in Any Long Island Lease
Landlords of commercial property are typically the more sophisticated party when it comes to Long Island lease agreements. Yet, even landlords that have negotiated dozens of lease agreements and worked with several tenants can miss or mistake key clauses in a Long Island lease. Whether you are tackling your first lease or your fiftieth, here…
Read MoreTo Rent the Warehouse? 5 Things to Know About Warehouse Leases
Whether you are looking in Brooklyn, the Bronx, or Long Island City there are a number of warehouse options surrounding New York City. The number of options on Long Island alone means there is no need to sign a lease too quickly. In fact, when it comes to rent or not to rent the warehouse,…
Read MoreTop Five Things a Tenant Wants to Know About a Long Island Office Lease
Whether your business is ready to sign its first, ever lease or you are simply searching to upgrade your current space, there are probably several considerations and factors on your mind. Among them are location and convenience for your employees and if the floor plan fits your business model. You are also thinking about parking…
Read MoreFood for Thought: 5 Unique Considerations of a Restaurant Lease
Restaurants represent a substantial number of the commercial leases signed in Long Island each year. Actually, between bars, restaurants, cafes, and coffee houses, restaurant leases are one of the growing sectors in commercial leasing throughout Long Island, New York City, and surrounding counties. Yet, these leases are unique in form and substance from those signed…
Read MoreHow Do Zoning Changes Impact Your Long Island Property?
Cities, towns, and counties have employed zoning laws for over 100 years. In fact, the first citywide zoning structure and resolution was implemented in New York City back in 1916. At this time, zoning laws were the necessary solution to a problem experienced by nearly every U.S. city. Commercial uses, such as warehouses, industrial plants,…
Read MoreThe 5 Most Common Property Problems Among Long Island Neighbors
Neighbors in Long Island are known for sharing backyard BBQs and block parties. It isn’t uncommon for perfect strangers to become friends simply by proximity and sharing a property line. But as a residential real estate law firm, we know neighbors don’t always get along. Sometimes, arguments over property boundaries and renovations even land neighbors…
Read MoreWhose Job is it Anyway? Maintenance Questions in Commercial Leases
There are several disputes that continuously arise under a commercial lease. Without a doubt the most common are questions of rent payment, or more than likely nonpayment. However, closely following discrepancies over adequate and timely rent payment are questions of maintenance and improvements to the leased property. Time and again when a pipe bursts or…
Read MoreWhat Is a Mixed-Use Development and What Are the Benefits?
New York City is poised to have a massive new development up and open in 2018. Hudson Yards was first announced years ago and the groundbreaking took place in 2012, but a development of this size takes time. Now, the 960,000 square foot building, located at the corner of 30th Street and 10th Avenue in…
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