Security Deposit in a NYC Commercial Office Lease. What You Need to Know

Security Deposit in a NYC Commercial Office Lease: What You Need to Know The security deposit in a commercial lease is very different than a residential lease. It can range anywhere from 0–12 months and is often one of the more contentious components of a deal to negotiate. From the Landlord’s perspective, the amount of […]

Deal Economics in a NYC Lease

The basic economic terms of typically more straight forward in a Class A Building where the rents are higher. Base Rent – This is the minimum rent that the tenant owes the landlord either on an annualbasis, a monthly basis, or a per square foot basis.Additional Rent – This is to account for the increase […]