Tag : Commercial Lease Clauses

Tax Payers Hold the Light for Coliseum Renovation

Recent news has shed a more distinct light on Project Lighthouse’s upcoming bond referendum set for August 1. It’s been calculated that if Nassau County tax payers vote “yes” to the renovation of the Nassau Coliseum (the new features can be found here), their property taxes could go up about $58 per household. Of course,..

5 Dangerous Lease Clauses (Part 1)

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Part 1.  The Usage Clause   In a typical lease negotiation, the parties, the attorneys, and the brokers often focus only on the key financial aspects within the lease document.  Watch out!  There are subtle and seemingly innocuous clauses that can cost the tenant a pretty penny long after the lease has been signed.  Stay..