Leasing

Publication

Sale of CITGO Going Forward With Strict Deadlines for Participating Judgment Creditors

Leasing

Wilk Auslander’s leasing group is a well-established and nationally recognized leader in leasing transactions. We represent both landlords and tenants in a broad-based leasing practice, regularly negotiating sophisticated and complex commercial leases in office buildings, shopping centers, industrial buildings and mixed-use projects, including “build to suit” leases, construction contracts and architect’s agreements. Commercial leasing is a highly specialized area of real estate law. Often overlooked, a commercial lease can be one of a company’s most critical (and costly) assets. Unlike most commercial transactions, which end when the contract is signed, the agreement between landlord and tenant is a dynamic, fluid relationship that can last for many years. To maximize value and minimize hidden costs and risk exposure, we negotiate lasting and durable lease documents.

We are pragmatic, practical-minded business lawyers, not just legal technicians. As a trusted advisor, our clients regularly consult us early in the leasing process to assist with legal questions as well as the structure and negotiation of the underlying business deal. Our effectiveness is based on our legal expertise and deep knowledge and understanding of our client’s businesses and the financial and operational impact that leasing decisions can have on our clients’ business operations.

For our landlord clients, we have developed forms over many years of representation, that provide clarity, consistency and uniformity in our leases. For our tenant clients, we have developed comprehensive approaches to real estate portfolio management, including implementing standard form leases, subleases, letters of intent, and requests for proposals, leading to consistency and overall cost-containment.

Leasing counsel for owner with a portfolio of over 10,000,000 square feet of office and retail space in Manhattan.
Leasing counsel for real estate investment trust (REIT) with a portfolio of over 9,000,000 square feet of office and retail space in Manhattan and Stamford, Connecticut, including the Empire State Building (which assignment includes matters relating to the operation of the Empire State Building Observatory and the broadcast tower at the top of the Empire State Building).
Represents institutional owner in leasing transactions of 800,000 square foot office building in midtown Manhattan.
Represents owner in leasing transactions of 700,000 square foot office building in midtown Manhattan.
Leasing counsel for international exhibition company operating immersive multimedia exhibitions in multiple cities throughout the United States.
Established and oversees leasing program for building owners of life science facilities in midtown Manhattan.
Retail leasing counsel for a prominent New York City-based high-rise residential and mixed use developer/landlord.
Represents a national chain fitness center in the leasing of its fitness centers throughout the U.S.
Represented publicly traded retail clothing company in a lease of 350,000 square feet in midtown Manhattan for its global headquarters.
Represents a national hotel owner and management company in the leasing of its retail operations and arrangement of its hotel contracts.
Represented publicly traded company in a lease of 120,000 square feet for the company’s New York headquarters.
Represented museum dedicated to the history of Broadway in connection with leasing of a 26,000 square foot space in midtown Manhattan for museum operations.
Represents an international high-end design company in the leasing of its New York headquarters and design centers nationwide.
Represented New York City Landlords in leasing:
- 260,000 square feet to an international book seller for U.S. headquarters.
- 265,000 square feet to a top law firm.
- 200,000 square feet to a global advertising agency.
- 100,000 square feet of office space in downtown tower to UK financial services firm.
- 50,000 square feet of office space in downtown tower for global headquarters of pet supply company.
- 30,000 square foot laboratory/office space to cutting edge New York based biopharmaceutical company in new state of the art Midtown life science facility.
- Relocated New York not for profit retirement fund to Midtown office tower.
- Assisted in lease up of existing Midtown life sciences facility to several medical and laboratory tenants, including:
  - 25,000 square feet to a major private technology research university,
  - 20,000 square feet to a start-up developer of next generation materials to decarbonize household products,
  - 15,000 square feet to a bio-tech start-up developing cutting edge genomic medicines, and
  - 10,000 square feet to a major New York City hospital chain for laboratory and clinical uses.
Represents Landlords in and around New York City and nationally in leasing retail space, including: branch banking locations, restaurants, medical services, parking garages, pharmacies, day care centers, bowling alleys, big-box retail, pet services, etc.