Co-op boards must carefully consider the lifestyle and financial implications of potential commercial tenants, negotiate rent concessions and broker fees, and spread costs over time to ensure a successful tenancy. (Print: SPREAD COSTS OVER TIME WITH STRATEGIC NEGOTIATIONS)
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“Commercial Lease” returned 3 articles
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ArticleTopicsColumn TypeIssue
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Co-Op Boards Struggle to Find New Commercial Tenants and Negotiate Favorable Lease Terms
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Mind the Gap
When commercial leases expire, co-ops can take a big financial hit.
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How to Understand and Improve Commercial Leases
Specificity is important when dealing with commercial tenants.
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