Long Island’s vacancy rates in the commercial real estate market is showing a positive trend in for 2011, however slight they might be. Positive absorption rates for the industrial market in the first quarter of 2011 ended with 280,004 square feet— quite an improvement over the 1.7 million square feet of negative absorption in 2010 and..

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..