Commercial Real Estate

On Behalf of Marcus, Gould & Sussman, LLP | Mar 30, 2026 | Commercial Real Estate |

A commercial lease is a contract, and like any contract, problems can arise when one side fails to hold up its end. In New York, the lease itself controls most of the rights and remedies available to landlords and tenants. Unlike residential leases, commercial tenants have far fewer statutory protections. That makes the language in the lease critical when a dispute moves toward court.

On Behalf of Marcus, Gould & Sussman, LLP | Sep 9, 2025 | Commercial Real Estate | From finding the right property to developing it for use, commercial real estate is a significant investment of time and money. But, with the right tenants, you will soon be able to reap the benefits of all your hard work. Once you find the right tenants, a well-drafted leasing agreement is the cornerstone of protecting your investment and building a mutually beneficial relationship.

On Behalf of Marcus, Gould & Sussman, LLP | Apr 10, 2025 | Commercial Real Estate | In commercial real estate, conveyancing is the legal process of transferring ownership of a property from one party to another. This procedure involves a thorough examination of property rights, zoning laws and other legal and financial aspects. While crucial for a smooth transition of ownership, commercial conveyancing can often encounter delays due to its complex nature. Here are some of the most common issues that can drag out the process.

On Behalf of Marcus, Gould & Sussman, LLP | Mar 11, 2025 | Commercial Real Estate | In New York, any agreement involving real estate must be in writing in order to be enforceable. For commercial properties, you need a Purchase and Sale Agreement (PSA). This document spells out all the key parts of the transaction, including the purchase price, property details, inspection periods and closing timeline. The PSA also protects both buyers and sellers by listing when and how either side can walk away from the deal.

On Behalf of Marcus, Gould & Sussman, LLP | Jan 17, 2025 | Commercial Real Estate | You’re about to close on your dream home, the place where you see yourself building a future, or you are selling your fifth piece of real estate. Unfortunately, there’s a mountain of paperwork and complex legal terms involved in the process. It feels overwhelming, right? That’s where a real estate lawyer steps in as your trusted guide, ensuring your journey to buying or selling property is smooth and secure.

On Behalf of Marcus, Gould & Sussman, LLP | Dec 27, 2024 | Commercial Real Estate | When you’re considering investing in a commercial property, you will want to know everything about it before making a decision. Lease reviews are a crucial step in this process. They involve taking a close look at all the existing rental agreements for the property, giving you a clear picture of the property’s current and potential income.

On Behalf of Marcus, Gould & Sussman, LLP | Sep 6, 2024 | Commercial Real Estate | New York’s rent control laws have a significant impact on real estate transactions across the state. While rent control does not apply to all New York municipalities, it is still relevant in areas such as Westchester County. These laws exist to protect tenants from steep rent increases, but they also create challenges for property owners, buyers and sellers. What is rent control? Rent control laws in New York place a cap on the amount landlords can charge tenants.

On Behalf of Marcus, Gould & Sussman, LLP | Sep 28, 2023 | Commercial Real Estate | Renting a commercial space is essential to starting a business, especially if your operations involve receiving clients for your products or services. As a business owner, examining the commercial lease thoroughly to understand the rent costs is vital. Your agreement should explain these details, including the breakdown of rent and additional fees. All tenants should know the difference between base rent and additional rent often charged by landlords.

On Behalf of Marcus, Gould & Sussman, LLP | Jul 31, 2023 | Commercial Real Estate | Commercial real estate transactions tend to be risky and often involve large amounts of money. But by conducting due diligence, buyers might be able to manage the risks better and make educated decisions regarding the transaction. One of the ways for buyers to conduct due diligence successfully and efficiently is by working with commercial real estate attorneys. What is due diligence? Due diligence usually occurs after an offer and before closing a deal.

On Behalf of Marcus, Gould & Sussman, LLP | Apr 21, 2023 | Commercial Real Estate | Commercial real estate leases differ significantly from residential leases on several points. Before signing one for your New York business, familiarize yourself with the following items. Lease term Commercial real estate includes retail stores, warehouses, multifamily buildings, office buildings and other income-producing properties. Residential properties typically have a one-year lease, but commercial leases often have a three-to-five-year term.