What happens if you break a commercial lease in NYC?

When a landlord terminates a lease following the default of a tenant, the tenant is obligated to pay the rent due prior to the termination. However, the tenant has no obligation to pay any rent that accrues after the termination unless the lease provides otherwise.

Is there a commercial lease Assistance Program in NYC?

If your business needs help with a commercial lease issue in New York City, you may be eligible for free legal services. Amending, renewing, or terminating an existing commercial lease *To be eligible to participate, your business must:

Where can I find a NYC commercial leasing guide?

Additional resourcesare at the end of each section, and a list of all resources are at the end of the guide. This guide is provided by NYC Department of Small Business Services (SBS). SBS offers free services to help businesses start, operate, and grow in New York City.

How to lease a space in New York City?

COMMERCIAL LEASING Comprehensive Guide to in New York City This guide provides basic information to consider before you enter into a commercial lease in New York City. Topics include location selection, evaluating space needs, space construction, working with professionals, reviewing key lease terms, and limiting business and personal risk.

How long is a NYC commercial lease agreement?

First time commercial tenants almost always underestimate the sheer complexity of your typical NYC commercial lease agreement. Instead of 6 pages for a residential lease, you might be looking at a document that’s 65 pages in length.

Additional resourcesare at the end of each section, and a list of all resources are at the end of the guide. This guide is provided by NYC Department of Small Business Services (SBS). SBS offers free services to help businesses start, operate, and grow in New York City.

COMMERCIAL LEASING Comprehensive Guide to in New York City This guide provides basic information to consider before you enter into a commercial lease in New York City. Topics include location selection, evaluating space needs, space construction, working with professionals, reviewing key lease terms, and limiting business and personal risk.

Is it legal to harass a commercial tenant in NYC?

Commercial Tenant Harassment As of September 2016, the “Non-Residential Tenant Harassment” law now protects New York City commercial tenants from harassment. Although the new law was intended to protect small business owners, it actually covers all commercial tenants.

What are the topics in the commercial leasing guide?

Topics include location selection, evaluating space needs, space construction, working with professionals, reviewing key lease terms, and limiting business and personal risk. Links to resources are highlighted in blue.