commercial leases Tag

COVID-19 and related restrictions have made it necessary for many business owners and commercial landlords to evaluate options and create some measure of flexibility. "These discussions require both sides to assess a variety circumstances and issues, many of which are in a state of flux due to the uncertainty of COVID-19," cautions real estate and finance attorney Steve Ostrow. He outlines some short-term options: Rent Relief: Deferral versus abatement of base rent only or all rent...