Category: Brokerage

East Harlem has undeniably been one of Northern Manhattan’s hottest real estate markets due primarily to its relative affordability and upside potential. While the historic neighborhood’s popularity with developers has waned in 2018, it is positioned to rebound sharply in the years ahead as investors fully digest the wide-ranging impact of recent rezoning and government-designated status as an “Economic Opportunity Zone.” 

Every commercial and residential lease should contain at least one conditional limitation. A conditional limitation is a lease provision that provides for the automatic termination of the lease upon a tenant’s failure to cure a default…