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Effectively Navigating Leasing Complexities of the Office Space Market

Providing legal counsel to companies or businesses seeking to lease office space is yet another aspect of service our Real Estate attorneys provide. Commercial lease transactions in the office market can involve complexities not present in other commercial leases, hidden costs and unique use issues. Our attorneys have expertise in navigating the commercial real estate market in order to secure the best lease terms for tenants as they seek office space for their business.

Our team’s expertise in assisting real estate clients enables us to adapt to virtually any scenario a client may be facing. Some of the commercial lease transactions our attorneys have supported include:

Representing tenants seeking new office space driven by company growth and the need for additional space for their operations.
Clients seeking new commercial leases due to relocation to new or renovated space or expansion into new markets.
Assisting companies and business owners in need of new space to adjust operating expenses.

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Office Leasing Representation

Represented a boutique tenant in the lease of space in an iconic New York City landmark office building. Issues included supplemental air conditioning and others unique to short-term rentals.
Represented an office/information systems tenant in the renewal of an office building lease in Chelsea. The project required keeping an existing renewal option alive while simultaneously negotiating a new lease for reconfigured space on modified terms.
Represented a not-for-profit tenant in a lease for a full floor of office space in Midtown Manhattan.
Represented an office tenant in connection with the lease of the majority of the tower space of a landmark New York City office building. Issues included the requirements of the underlying ground lease with a municipal agency and securing non-disturbance agreements from multiple public sector parties.
Represented an anchor office tenant in connection with the lease of substantially all of the space of a build-to-suit building in downtown Buffalo. Issues included on-site and off-site parking, a package of public benefits, negotiations with respect to operating budgets, CAM, design parameters, the construction of landlord’s work and the construction management of tenant’s work.
Represented a law firm in need of multi-floor office space. Issues included signage, 24-hour support, emergency generator service and extensive build-out.
Represented a large governmental entity in connection with leasing office headquarters. Issues included the landlord’s concerns with regard to having a public sector tenant and compliance with statutory and regulatory requirements.
Represented an office tenant in connection with simultaneously leasing expansion space from the landlord and subleasing additional expansion space from an existing tenant, with the sublet space to merge with the main lease upon the expiration of the existing direct and sublease.
Represented a financial institution in connection with the lease of a reconfigured office building. Issues included those related to a private entrance, street presence, signage, security and emergency generator.
Represented a start-up company in connection with its headquarters lease. Issues included the security deposit, a “good guy” guarantee and the reduction/return of same over time.
Represented a high-tech tenant in connection with a think-tank style office lease. Issues included allocation of building conduits and roof space, installation of building-wide DAS system, allocation of available alternate source energy and emergency backup generators.
Represented a national tenant in connection with the establishment of policies and procedures for environmentally sensitive “green” office leasing initiatives.
Represented an oil trading tenant in connection with the landlord’s buyout of the company’s leasehold interest in its New York headquarters.
Represented a major financial institution in the lease of the majority of an existing Manhattan office for its regional headquarters, including space uses ranging from data center to executive offices. Issues included emergency backup generators, 24-hour services, security, expansion, contraction and renewal rights.
Represented a partial floor office tenant in connection with the relocation of other tenants and leasing the remainder of the floor. Issues included negotiating terms to relocate other existing tenants, obtaining the landlord’s cooperation and consent, and engineering issues such as asbestos, fire partitions and egress.
Represented several tenants in connection with new commercial leases and lease renewals for a landlord with a reputation for creative accounting. Issues included precise definition of operating expenses, audit rights, caps on additional rent charges and covenants with regard to maintaining building services.
Represented a global media company in a multi-floor relocation lease in Lower Manhattan, including consolidation of multiple offices and simultaneous subletting of prior space.
Represented a high-end Brazilian clothing manufacturer in entering and establishing their corporate headquarters in the U.S.
Represented a private equity firm in a turn-key lease in Midtown Manhattan.
Represented a venture capital firm in a turn-key lease establishing its New York office.