Kiritsis & Associates

 

Commercial leases for barber shop use in New York City. Kiritsis Law Group 212 922 0005

Apr 18, 2021

Renting commercial space out to barber shops may require landlords to make a number of tweaks on their commercial real estate lease templates, in order to more adequately protect their legal rights.

 

Some frequently asked questions with regards to this topic, include:

Should special zoning use and/or restriction be inserted on the lease forsuch use by tenants?

Is the lease agreement compliant with the HSTPA of 2019?

Should the lease agreement be subject to rent regulation and/or rent control type of compliance?

Should the underlying lease documents be recorded on ACRIS?

Can the underlying lease documents be recorded on ACRIS? (Note the difference between the words 'can' versus 'should').

Can the lease be freely assignable?

Can tenants sublease premises?

Are rented premises along with the property at large, in compliance with DOB(Department of Regulations)?

What are the specific provisions with regards to security deposit issues?

 

Sources:

New York Real Property Law

HSTPA 2019

New York Landlord/Tenant Law

Internal Revenue Code

New York State Property Tax Regulations

NYS and NYC Executive Type Orders and Pronouncements

New York Martin Act

 

Whether buying, selling or leasing real estate in New York City -- our firm may be able to help you with your legal needs. Feel free to call us for a free consultation at 212 922 0005.

 

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