New York City Real Estate

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New York City Leasing Information - Step 5: Develop Strategy

As we develop our strategy, a list of roles and responsibilities for each member of the Project Team will be itemized; then an Action Plan will be created and presented to you. This Action Plan will identify how we will achieve each goal set in Step 4. It will also set out how we will approach and negotiate with landlords and other brokers.

The Six Step Approach
Step 1: Analyze Requirements
Step 2: Analyze the Market
Step 3: Identify Opportunities
Step 4: Goals and Objectives
Step 5: Develop Strategy
Step 6: Execute Strategy

Key Issues in a Lease
A Tenant's Perspective
Non-Disturbance
Non-Disturbance and Memorandum of Lease
Tenant's Rights to Make Repairs
Assignment and Subletting
Abatement of Rent When Tenant Is Prevented from Using Premises
Quality of Construction-Standard for Maintenance, Repairs & Operations
Definition of Fair Market Rental Rate
Default by Tenant
Operating Costs, Taxes & Utilities
Tenant's Indemnification
Administration Fee

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