Leasing Retail Space in a “Street” Location: Sidewalk Sheds, Multiple Floor Premises, and Other Tenant Concerns
Probate and Property, November/December 2003, Volume 17, Number 6
By Eric G. Menkes
Eric G. Menkes is a partner with Duval & Stachenfeld LLP in New York, New York.
Lawyers who represent retailers often have a good deal of experience negotiating shopping center leases, but they may not have similar experience negotiating retail leases in “street” locations—storefronts in urban settings. Although many of the same issues appear in all retail leases, a number of issues are unique to the street location lease, and counsel familiar with these issues can save his or her client significant headaches and perhaps money along the way.