A tenant's request to end a lease early does not necessarily mean you have to agree right away. Before responding, take time to review your options so you can protect your business interests while considering the circumstances behind the request. New York law and the...
New York Real Estate Legal Blog
3 tips to manage ground floor commercial lease renewals
When your co-op or condominium board controls a ground floor commercial space, that lease is one of your most valuable financial assets. A renewal handled poorly can cost the building years of lost income and legal exposure. The renewal process moves faster than most...
Can a condo or co-op board enforce a rule it has not enforced for years?
Condo boards often inherit rules that have sat untouched for years, whether because previous boards chose not to enforce them or because circumstances simply never brought them to the forefront. When a board decides to revisit those rules, questions often arise about...
Are co-op boards required to approve all accommodation requests?
Co-op boards in New York face many responsibilities. One complex area involves handling accommodation requests from residents with disabilities. While boards must address residents’ concerns with empathy, decisions must also align with legal requirements under fair...
What large landlords need to know about NYC lease enforcement
A commercial lease is only as strong as your willingness and ability to enforce it. In New York City, that enforcement process moves through a specific legal framework that rewards landlords who follow procedure precisely and penalizes those who improvise. If you...
Is your NYC board prepared for the Co-op Admission Timings Law?
In early February 2026, the New York City Council passed a new law requiring cooperative corporations with ten (10) or more dwelling units to (a) adopt a written application policy which will be available to sellers and prospective purchasers; (b) acknowledge receipt...
Renew or replace a commercial tenant: Key considerations
Many New York co-op and condo buildings rely on income from ground-floor commercial tenants. A pharmacy, café or small grocery store can help support the budget and make life easier for residents. When a lease is nearing its end, boards must decide whether to renew...
How rent escalation clauses affect small businesses in NYC leases
Rent increases can catch small business owners off guard, especially in New York City’s competitive commercial real estate market. Many leases include rent escalation clauses that let landlords raise rent over time. These increases can have a direct impact on your...
Must you waive a no-pets policy for an ESA in NYC?
If you are a landlord or co-op board member in New York City, you may wonder if your "no-pets" policy must be waived for an emotional support animal (ESA). The short answer is yes, you will likely have to waive the policy. This is true even if the request is from a...
Handling noise, smoke and nuisance complaints in NYC
As a co-op or condo board member in New York City, you’ll likely encounter complaints about noise, smoke or other nuisance conditions. Loud music, cigarette smoke drifting between units or noisy neighbors all require you to balance resident harmony with your legal and...
