Commercial Real Estate Leasing

Our Commercial Real Estate Leasing group has extensive experience representing landlords, tenants and lenders in lease transactions in all areas of commercial leasing, including net leases, operating leases, master leases, subleases, build-to-suit leases, sale and leaseback transactions, as well as the extension, modification, and disposition of leases. Together with attorneys from our Finance Section we also have considerable experience assisting clients with structured lease transactions.

Our leasing experience includes the negotiation of leases for both landlords and tenants in connection with office space, shopping centers and other retail uses, restaurants, theater and entertainment centers, warehouse and industrial buildings, quarries, corporate headquarters, data centers, production studios, manufacturing facilities, cell sites, energy facilities, water rights and waterways, renewable energy facilities and a variety of other commercial lease spaces. Additionally, we advise clients on issues that are often related to commercial leasing including reciprocal easement agreements, guaranties, land use, SNDAs, estoppel letters, work letter agreements, option agreements, facility management agreements, listing agreements and lease restructuring.

The process of negotiating commercial leases requires the coordination and consideration of a number of various needs and issues in order to ensure that the lease properly reflects the intended relationship between the landlord and tenant. As a part of our services we are dedicated to assisting in this coordination and finding practical solutions to our clients’ objectives. Recognizing our clients’ need for efficiency and cost-effectiveness we also draw upon our experience to develop template documents designed for the needs of each of our clients who may be engaged in volume leasing programs, as either a landlord or a tenant.

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Alert
New York's SALT Solution
August, 12 2021

Since 2018, state and local tax deductions have been limited to $10,000 per individual taxpayer for federal income tax purposes, disproportionately burdening taxpayers residing in states with significant state income tax rates. States soon began enacting state tax deduction workarounds, which generally allow a partnership or S corporation to elect to pay state income tax in exchange for a state in [...]