Choosing a Commercial Real Estate Law Firm
Consider that you wouldn’t purchase a commercial property before thoroughly researching it, your search for commercial real estate law firm should be one of careful…
NYC Building Permits – What does NB, Alteration Type I, II, III and Directive 14 Mean?
Department of Buildings work permits are required for most construction projects. If the project’s scope requires plans and permits, you must hire a New York…
For Commercial Tenants Leasing New Space, What Value Does a Project Manager Offer?
“Owner’s Reps” are also known as “Project Managers” or Tenant Rep Project Manager and should not be confused with a Tenant Rep Real Estate Broker…
How To Obtain A Certificate of Occupancy
What is a Certificate of Occupancy? A Certificate of Occupancy (CO) indicates the following: 1. The building or suite meets current building code requirements. 2. The…
What Building Code Officials Will Not Tell You
Your design professionals (architects, engineers, interior designers (in certain states) refer frequently to building codes such as the International Building Code in their preparation of…
Access Control Systems Minimize Security Risks in Your Office
Security is one of the top concerns of business owners when fitting out new office space. Restricted or sensitive areas, heavy traffic and many interior and exterior doors all…
Why Banks Require Environmental Site Assessments (Phase 1, 2, 3) When Purchasing Commercial Property
Businesses and lending institutions often require a Phase I Environmental Site Assessment (ESA) to be conducted prior to any transactions of land or building purchases,…
Project Managers Streamline the Relocation Process to Success
A business relocation is hugely complicated and highly stressful which can lead to extremely expensive mistakes being made by ill-informed managers and owners. Most owners…
CEAS Gives Critical Employees Access to their Facilities Following an Emergency
Back on July 18, 2007 in NYC news broke that day of an underground Con Ed steam pipe explosion in Midtown Manhattan that sent hot steam shooting up…
Urinals – Size Really Does Matter
In some areas of life it’s all about your reach… this shouldn’t be one of them… especially given the fact that it’s a touchy subject…
Tips for Depreciating Tenant Leasehold Improvements, Construction and Renovation
What are Leasehold Improvements? Leasehold improvements (also referred to as “build-outs”) are structural changes or alterations to a leased space which are made by a tenant to…
Electric Options For Your Office Lease – Direct Metering Makes Direct Sense
The three most common methods for charging for electricity are direct, submetered and rent inclusion. Direct The most cost effective electricity clause in a commercial lease…
Controlling the Construction of Tenant Improvements in Office Leases: A Tenant’s Perspective – Part 3 of 3
Continued from Part 1 and Part 2 V. OTHER CONSIDERATIONS in a tenant build work letter In a tenant-controlled construction project, it is critical that…
Controlling the Construction of Tenant Improvements in Office Leases: A Tenant’s Perspective – Part 2 of 3
Continued from Part 1 III. FUNDAMENTAL CONSIDERATIONS A. Landlord’s Motives Typically, both the tenant and the landlord will seek to control the expenditure of the tenant…
Controlling the Construction of Tenant Improvements in Office Leases: A Tenant’s Perspective – Part 1 of 3
I. OVERVIEW The tenant work letter, is an agreement that is entered into concurrently with the execution of a lease and sets forth the terms…