Commercial Leasing
Helene represents tenants in their office lease negotiations with landlords in the New York metropolitan area. From entertainment (including new media, production and post-production companies) to medical (including physical therapy, dermatology, acupuncture and chiropractic) to traditional office leasing of hedge fund, accounting, legal, architectural, technology, insurance and engineering companies, Helene focuses on lease term flexibility and financial issues that concern a client.
Issues for review include
Utilization of space now and in the future
Escalations – operating, real estate taxes, security, hidden fees
Guaranties – good guy and full guaranties
Security deposit burn downs
Relocations and early lease terminations
Right to assign and sublet
Build out terms, tenant improvement allowances, time frame and penalties for delays
Recent transactions include
Multi-floor lease by technology company, including roof space and storage space with extensive build out and floors becoming available at different times
Food & Beverage Company lease of top floor and rooftop terrace, with special elevator issues
Construction company lease in iconic Manhattan building including build out
Negotiation of two full floor office subleases in lower Manhattan on behalf of a Fortune 500 Company