Leasing Illustrated

Jan
08
2021
date: January 01 2021 title: Tenant Leasing Illustrated – January 2021 – If You Give a Moose Restoration Obligations url: https://mintzandgold.com/newsletter/tenant-leasing-illustrated-january-2021-if-you-give-a-moose-restoration-obligations excerpt: Most leases require that the tenant surrender its premises at the end of the term in good condition (subject to ordinary wear and tear), with the tenant's alterations and personal property removed and any damage from such removal repaired. Tenants need to limit such obligations to ensure that they do not end up responsible for readying a space for the next tenant when this work should be the obligation of the landlord. In today's issue, we provide six removal / restoration suggestions to cover when you reach the end of your lease term.
Nov
21
2020
date: November 01 2019 title: Tenant Leasing Illustrated – November 2020 – In a Word; Renewa; url: https://mintzandgold.com/newsletter/tenant-leasing-illustrated-november-2020-in-a-word-renewal excerpt: Tenants wanting the ability to renew their lease at the end of the lease term need to negotiate prior to lease execution a unilateral right to exercise such renewal and an equitable method to determine the future rent. A methodology to determine a reasonable rent will ensure that the landlord will negotiate in good faith. In today's issue, we provide seven essentials to cover when negotiating a renewal right under your lease.
Oct
23
2020
date: November 01 2019 title: Tenant Leasing Illustrated – November 2020 – In a Word; Renewa; url: https://mintzandgold.com/newsletter/tenant-leasing-illustrated-november-2020-in-a-word-renewal excerpt: Tenants wanting the ability to renew their lease at the end of the lease term need to negotiate prior to lease execution a unilateral right to exercise such renewal and an equitable method to determine the future rent. A methodology to determine a reasonable rent will ensure that the landlord will negotiate in good faith. In today's issue, we provide seven essentials to cover when negotiating a renewal right under your lease.
Sep
29
2020
date: October 01 2019 title: Tenant Leasing Illustrated – October 2020 – Tom Terrific and Lease Commencement Dates url: https://mintzandgold.com/newsletter/tenant-leasing-illustrated-october-2020-tom-terrific-and-lease-commencement-dates excerpt: The commencement date of a tenant's lease signifies more than just its right to possession of the premises. The rent commencement date, the expiration date and the tenant's lease obligations (among other things) are all triggered by the commencement date. In today's issue, we provide ten important areas to cover when defining the commencement date under your lease.
Aug
21
2020
date: September 01 2019 title: Tenant Leasing Illustrated – September 2020 – Neanderthals and Your Lease Guaranty url: https://mintzandgold.com/newsletter/tenant-leasing-illustrated-september-2020-neanderthals-and-your-lease-guaranty excerpt: The New York City Administrative Code has been amended to try to relieve the harm to certain retail businesses that have complied with Executive Orders with respect to COVID-19. The law makes certain guaranty provisions unenforceable against natural persons who are liable for payment of a tenant's rent due to lease defaults between March 7, 2020 and September 30, 2020. Enforceable? Who knows. But similar laws are undoubtedly cropping up around the country and, if nothing else, can be a helpful bargaining chip when a guarantor is negotiating with its landlord. In today's issue, we provide four items to keep in mind with respect to these laws.
Jul
24
2020
date: August 01 2019 title: Tenant Leasing Illustrated – August 2020 – Avoiding Sublease Screaming url: https://mintzandgold.com/newsletter/tenant-leasing-illustrated-august-2020-avoiding-sublease-screaming excerpt: As the world (including the commercial leasing world) comes to grips with COVID-19, we expect we will soon enter a period of expanded subleasing activity. This will require that agreements be put in place with experienced real estate brokers. In today's issue, we raise five issues to address as a sublandlord when negotiating a co-broker agreement with the subtenant's broker or "outside broker."
Jun
26
2020
date: July 01 2019 title: Tenant Leasing Illustrated – July 2020 – Cats and Dogs and Future Covid Leases url: https://mintzandgold.com/newsletter/tenant-leasing-illustrated-july-2020-cats-and-dogs-and-future-covid-leases excerpt: At some point soon, we will all get back to "normal" (whatever that may ultimately mean) and leasing and subleasing will move forward. When that happens, tenants and landlords will need to figure out how COVID-19 or other pandemics should be addressed in future leases. In today's issue, we provide seven suggestions regarding how to handle a pandemic when structuring a new commercial lease.
May
31
2020
Tenant Leasing Illustrated – June 2020 – Ejection Seats and Reopening Your Offices url: https://mintzandgold.com/newsletter/tenant-leasing-illustrated-june-2020-ejection-seats-and-reopening-your-offices excerpt: We continue to live in a COVID-19 world and, as many states look to reopen, office space is likely to look very different both on a short-term and long-term basis. In today's issue, we provide eight suggestions with respect to reopening your office in the midst of the COVID-19 coronavirus pandemic.
May
01
2020
date: May 01 2019 title: Tenant Leasing Illustrated – May 2020 – COVID-19 Marches On url: https://mintzandgold.com/newsletter/tenant-leasing-illustrated-may-2020-covid-19-marches-on excerpt: As the COVID-19 coronavirus wreaks havoc with our day to day activities and financial markets, our thoughts and prayers go out to those who are ill and struggling. As part of their effort to mitigate the fallout, businesses should review their leases and other related agreements. In today's issue, we provide five suggestions with respect to your commercial lease and COVID-19.
Mar
23
2020
As the COVID-19 coronavirus wreaks havoc with our day to day activities and financial markets, our thoughts and prayers go out to those who are ill and struggling. As part of their effort to mitigate the fallout, businesses should review their leases and other related agreements. In today's issue, we provide five suggestions with respect to your commercial lease and COVID-19.