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Recent Posts in Options to Renew Category

26 results found. Viewing page 1 of 2. Go to page 1 2   Next

TENANT FAILED TO VALIDLY EXERCISE RENEWAL OPTION

In Plaza Collectibles Corp. & Lee Rosenbloom v. Directors Guild of America, Inc., Plaza & Rosenbloom asked the New York County Supreme Court for a “Yellowstone” injunction to ...
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NO WAIVES HERE

Back in 2003, when 8 Beach Street Realty settled an owners use-claim against its stabilized tenant, it gave Max B. a ten-year unregulated lease with a five-year renewal option in exchange for a waiver ...
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SPIEGEL IN THE TIMES: ON SENIOR RENT INCREASES

Real Estate Q & A By JAY ROMANO Moving From a Stabilized Apartment Q. After 40 years in a rent-stabilized apartment, I must now move. Will I have any protection in the new apartment when I turn ...
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SPIEGEL IN THE TIMES: ON TENANT-SWAPPING

This week, you'll find our partner, Glenn H. Spiegel, on the New York Times website, responding to a reader's question on lease renewals in the fair-market context. Replacing Roommates Gets ...
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LOOKING FOR FREE LEGAL ADVICE?

Free Monthly Legal Clinic for Tenants My office continues to work with Eviction Intervention Services to offer a free monthly legal clinic for tenants. If the owner of your building is harassing you, ...
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LOOKING FOR A FREE LANDLORD-TENANT ATTORNEY?

Free Monthly Legal Clinic For Tenants I continue to work with Eviction Intervention Services to offer a free monthly legal clinic for tenants. If your landlord is harassing you or threatening you with ...
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KASSENOFF IN THE TIMES: ON RETRACTING AN OFFER

Our partner, Jarred I. Kassenoff, appeared in Sunday's New York Times Real Estate Section responding to a reader's question. Here's the piece in its entirety: Rent Raised, Then Raised ...
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JARRED IN THE TIMES: ON GETTING A LEASE EXTENDED

Our partner, Jarred I. Kassenoff, appeared in Sunday's New York Times Real Estate Section responding to a reader's question. Here's the piece in its entirety: A Month to Go on Brownstone Lease by JAY ...
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LOOKING FOR FREE LEGAL ADVICE

Free Monthly Legal Clinic for Tenants I am pleased to join with Eviction Intervention Services to offer a free monthly legal clinic for tenants. If your landlord is harassing you or threatening you ...
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IN THE TIMES: TALKING OPTIONS

This piece appeared in the Real Estate Section of Sunday's New York Times How Much More Can a Rental Cost? By JAY ROMANO Q I rent a condominium from its owner. We signed a one-year lease, with the ...
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LOOKING FOR FREE LANDLORD-TENANT ADVICE?

Free Monthly Legal Clinic for Tenants I am pleased to join with Eviction Intervention Services to offer a free monthly legal clinic for tenants. If your landlord is harassing you or threatening you ...
Continue reading "LOOKING FOR FREE LANDLORD-TENANT ADVICE?" »

THEY BEAT THE RAP

When Bleeker Street Tenants Corp. leased commercial space, its tenant--Bleecker Jones LLC--was given 9 consecutive 10-year lease renewal options. The parties' agreement provided that, in the event the ...
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WANT FREE LEGAL ADVICE?

Free Monthly Legal Clinic for Tenants I am pleased to join with Eviction Intervention Services to offer a free monthly legal clinic for tenants. If your landlord is harassing you or threatening you ...
Continue reading "WANT FREE LEGAL ADVICE?" »

WANT FREE LEGAL ADVICE?

Free Monthly Legal Clinic for Tenants I am pleased to join with Eviction Intervention Services to offer a free monthly legal clinic for tenants. If your landlord is harassing you or threatening you ...
Continue reading "WANT FREE LEGAL ADVICE?" »

IN THE TIMES: ABOUT UNREGULATED TENANTS

Unregulated Tenants Have Limited Rights By Jay Romano Q. I am aware of the lease protections afforded rent-stabilized renters. Do unregulated market-rate renters with leases have similar protections? ...
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HOW DOES A LEASE AFFECT A PROPERTY'S VALUE?

In 936 Second Ave. L.P. v. Second Corporate Dev. Co., Inc. , Second Corporate Development Co. (Second) leased three adjoining buildings -- with 22 rent-regulated apartments and four retail stores -- ...
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DO OPTIONS SPRING ETERNAL?

A reader sent us the following question: I am currently involved in a situation regarding a renewal option which simply states: "tenant has the right to renew the terms of this lease no later ...
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SUBTENANT COULDN'T EXERCISE OPTION

The right to extend "free-market" or unregulated leases (whether they be commercial or residential in nature) is typically governed by the terms and conditions of the parties' agreement. In ...
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NO RENEWAL? BEGONE!

If your lease is about to expire and you live in a free market (unregulated) apartment, or if you're a tenant of a commercial space, it is always best to assume you will have to leave on the ...
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ORAL NOTICE DIDN'T TRIGGER RENEWAL

Tenants frequently negotiate a right to renew their leases subject to delineated terms and conditions which are usually embodied within the agreement. If those renewal requirements are not satisfied, ...
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APPRAISAL DELAY EXTENDS LEASE

Leases often contain options to renew. While the terms of these provisions differ significantly, they typically provide a time period within which certain actions must be taken. Failure to timely ...
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TENANT DENIED PURCHASE OPTION DUE TO LEASE DEFAULT

Failing to pay the rent on time could have dire consequences for commercial tenants even when they have never been declared in default. According to the Appellate Division, Second Department, in Cyber ...
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WHAT'S IN YOUR PREMISES?

Ever wonder what is included in your commercial or residential space when a lease uses the word "premises?" According to the State's highest court, the definition of that term will be governed by the ...
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YOUR LEASE ENDS ON ....?

Leases can frequently be pretty complicated documents, with many provisions being downright confusing or incomprehensible, even to those of us with the requisite legal background and training. But of ...
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EXPLORING OPTIONS (TO RENEW)

When is an option to renew, not an option at all? When the language used by the parties is vague or ambiguous. Typically, outside of rent regulation, tenants are not entitled to automatic lease ...
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26 results found. Viewing page 1 of 2. Go to page 1 2   Next