Tag Archives: commercial leasing
Avoiding Liability Related to Removal of Snow and Ice in New York: An Introduction for Commercial Property Owners and Landlords
by Bryan Lane Berson, Esq. When New York winters are harsh, it can be difficult for property owners and landlords to clear snow and ice from their properties. This column discusses landlords’ common law (note 1) duties to people invited to the property (“invitees”). New York follows the “natural accumulation rule,” which assumes that invitees […]
Purchasing Commercial Real Estate
by Bryan Lane Berson, Esq. Some businesses purchase real estate to house their operations. Transactions to buy office buildings and warehouses are quite similar. Residential purchasers will recognize many similarities as well. After the parties agree on a price, seller’s counsel will send a contract to the buyer and request a down payment. Buyer’s counsel […]
Commercial Leases: Comparing Costs, Modifications, and Other Terms
by Bryan Lane Berson, Esq. Real estate (property) is an economic resource regulated principally by municipalities and states. There is no single real estate market. Rather, there are many markets. Conditions may differ among them depending on local regulations and the local economy. While some macroeconomic factors (e.g., interest rates) can affect simultaneously many or […]
The Commercial Leasing Environment
by Bryan Lane Berson, Esq. Manufacturing and most service businesses lease dedicated space for their operations. Commercial landlords and tenants (hereinafter “parties”) memorialize their agreements in commercial leases. Most people are familiar with residential leases, but commercial leases and the applicable landlord-tenant law are quite different. State law tends to protect residential tenants far more […]
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