For more information about our COVID-19 commercial tenant defense services,
Recent Tenant Settlements (*):
- $150,000 rent concession package for a dental office in Queens
- $47,000 rent abatement package for psychiatric practice in Midtown Manhattan
- $96,000 rent discount for a commercial tenant in Manhattan
- $188,000 rent concession package for a retail tenant in the Bronx
- $55,000 concession package for a medical office in Queens
- $47,000 rent concession package for a barbershop in Manhattan
- $42,000 rent concession package for a commercial tenant in Brooklyn
- $43,000 in rent reduction for a dental office in Manhattan
- $65,000 rent reduction for an office tenant in Manhattan
- $81,000 rent concession package for a medical office in Manhattan
Dilendorf Law Firm provides assistance to corporate offices, restaurants, clinics, retailers, and other commercial tenants facing business hardships as a result of the COVID-19 pandemic. We draw upon a wealth of experience in contract law, real property, and business transactions to represent commercial tenants in lease renegotiations and disputes. Our team assists tenants in navigating the terms of their commercial leases and offers lease-specific options, which may be available to our clients helping to keep them afloat in these trying times.
We have already achieved favorable results for our commercial tenant clients by negotiating lease modifications and obtaining rent concessions, abatements and credits from landlords due to the unforeseeable COVID-19 pandemic.
A commercial lease allocates risk between landlord and tenant in anticipation of economic stability. In national or worldwide crises, such as the COVID-19 pandemic, commercial tenants face significant challenges in meeting the terms of their leases due to the business decline. On the other hand, landlords have their respective obligations to lenders.
While tenants’ significant economic difficulties on their own are not an excuse from a signed lease, unprecedented risks, concerns and measures related to the COVID-19 may be used in tenants’ advantage, both in an attempt to find a reasonable solution with landlord and, if the negotiations break down, in court.