Sentences with phrase «in tenant improvements»

Business confidence was also evident in longer lease terms (up to five years) and owner investment in tenant improvements.
The owners will implement approximately $ 1 million in tenant improvements to the property for the new tenant, an online plumbing and heating parts and supplies retailer.

Not exact matches

Part of that investment is spent, as always, in the form of a broker commission, but the rest goes to the lessee as free rent and tenant - improvement, or build - out, allowance.
Tenant improvements In some areas, desperate landlords are offering huge concessions to attract new tenants, even building out their spaces for free.
Basically, there's no difference between tenant improvements («TI,») «leasehold improvements,» and «build - out» in a commercial business lease.
Located at 1451 66th Street, Clif Bar's 115,000 square foot office space is the first building in Emeryville to achieve LEED Platinum certification in the commercial interior category, the industry benchmark for green design of tenant improvements.
In such an environment, any news about building improvements is met with anxiety by tenants, Fitzgerald said.
Kavanagh appeared at the Stuyvesant Town - Peter Cooper Village Tenants Association meeting, focusing his remarks on legislation to repeal loopholes in the rent laws, like his bills, passed in the Assembly, to reform the system of major capital improvement (MCI) charges that are added to rent bills and to eliminate «vacancy bonuses» landlords get when tenants leave their aparTenants Association meeting, focusing his remarks on legislation to repeal loopholes in the rent laws, like his bills, passed in the Assembly, to reform the system of major capital improvement (MCI) charges that are added to rent bills and to eliminate «vacancy bonuses» landlords get when tenants leave their apartenants leave their apartments.
And landlords will now only be able to increase rent for individual apartment improvements one sixtieth, versus one fourtieth, the cost of the improvement, though only in buildings with 36 or more units, something landlords claim will worsen housing conditions for tenants.
Mr. Rangel spoke to the Observer shortly after addressing a rally for more tenant - friendly rent stabilization — including the elimination of preferential rents, preventing landlords from removing vacant apartments from the rent control program and making charges for major capital improvements temporary rather than a permanent — in his native Harlem.
«After bringing attention to the illegal tactics of building owner Raphael Toledano, tenants had hoped to see improvements in their daily living conditions,» Mendez said.
Rodríguez also referenced efforts to expand legal services to protect tenants, noting that $ 2 million in Council funding has bolstered agencies such as Northern Manhattan Improvement Corporation, Manhattan Legal Services and Legal Aid Society.
In a pointed statement on Sunday, Cuomo called the eight - year extender «unacceptable because it does not include the necessary improvements on the existing law, it poses new hurdles for tenants and it reduces tenant protections.»
At 1:45 p.m., de Blasio and Manhattan Councilman Ydanis Rodriguez will host a press conference in Washington Heights on tenant protection, Northern Manhattan Improvement Corporation, 45 Wadsworth Ave., Washington Heights.
The mayor has also called for an end to allowing landlords to charge tenants for major capital improvements in perpetuity and instead wants to see improvement surcharges made temporary, spread out over 7 to 10 years, and then allowing the rent to reset after that.
The State established «claw back» provisions in the deal to ensure the creation and retention of 250 jobs through 2025, and Fort Schuyler and AMRI will invest $ 30 million to $ 40 million for tenant improvements, equipment and training.
Torres, who grew up in NYCHA housing, has worked to create tenants» associations and to advocate for basic rights of NYCHA residents in the Bronx, like building improvements andheating.
The tenants argue that they deserve rent protections because Gluck received a J - 51 tax break, which is given to landlords who make improvements to their building in exchange for providing rent - stabilization.
«This measure, while not all that we pushed for, is a huge relief for tenants and a significant improvement over what is currently in place,» he said.
Speaking Wednesday in Nassau County, Cuomo reiterated his desire to also «strengthen» rent protections by raising the rental ceiling above which units are deregulated and changing how much tenants can be charged for capital improvements at their buildings.
Specializing in bathroom remodels, tenant improvement and retail construction services.
The TIFIA loan is secured by customer facility charges imposed by RIAC on people renting cars at the airport as well as payments by the rental car companies for tenant improvements in the Intermodal Facility.
Moynihan Train Hall includes a) creation of a new sky - lit train hall on the concourse level of the Farley Building, b) back of house support space for Amtrak and Long Island Rail Road (LIRR), the two «anchor» rail tenants, including ticketing, baggage areas and waiting areas, c) loading access for the rail tenants and for the United States Postal Service (USPS) who will continue to occupy space in the Farley Building, d) exterior restoration, and e) systems and infrastructure improvements.
In addition, under Lease Amendment I the Company received $ 2.2 million in reimbursements for the costs of certain tenant improvements.&raquIn addition, under Lease Amendment I the Company received $ 2.2 million in reimbursements for the costs of certain tenant improvements.&raquin reimbursements for the costs of certain tenant improvements
Stop in and check out the new floor layout, the tenant improvements, improved merchandising, etc..
In 2004 the USGBC also began certifying the interiors of commercial buildings and tenant improvements of existing buildings.
In Kristen Lee Nesbitt v. RJH Reinsurance Services Inc., 2014 ONSC 2643, the landlord evicted the tenant due to alleged unpaid rent, realty taxes, water bills and arrears on a demand loan for leasehold improvements.
If major improvements or additions are planned then it should be clear in the lease that the tenant acknowledges that and understands there will be interference possibly substantial but the landlord can agree to take reasonable steps to minimize where reasonable, such interference.
Won a $ 20 million case on behalf of tenants of an apartment building on the Upper East Side against their landlord who had demanded a rent increase after claiming to have made $ 2 million in improvements to the building
The firm is best known for its work in the construction industry, serving contractors, subcontractors, developers and homeowners in all aspects of construction law including liens, contract review, government claims, tenant improvements, easements, and legal issues concerning real property.
Represented Indiana commercial landlord in dispute with tenant regarding dispute over construction allowance, improvements to the property, and past due rent.
The submission of this Lease by Landlord, its broker, agent or representative, for examination or execution by Tenant, does not constitute an option or offer to lease the Premises upon the terms and conditions contained herein or a reservation of the Premises in favor of Tenant; it being intended hereby that notwithstanding the preparation of space plans and / or tenant improvements plans, etc., and / or the expenditure by Tenant of time and / or money while engaged in negotiations in anticipation of it becoming the Tenant under this Lease, or Tenants forbearing pursuit of other leasing opportunities, or even Tenants execution of this Lease and submission of same to Landlord, that this Lease shall become effective and binding upon Landlord only upon the execution hereof by Landlord and its delivery of a fully executed counterpart hereof to TTenant, does not constitute an option or offer to lease the Premises upon the terms and conditions contained herein or a reservation of the Premises in favor of Tenant; it being intended hereby that notwithstanding the preparation of space plans and / or tenant improvements plans, etc., and / or the expenditure by Tenant of time and / or money while engaged in negotiations in anticipation of it becoming the Tenant under this Lease, or Tenants forbearing pursuit of other leasing opportunities, or even Tenants execution of this Lease and submission of same to Landlord, that this Lease shall become effective and binding upon Landlord only upon the execution hereof by Landlord and its delivery of a fully executed counterpart hereof to TTenant; it being intended hereby that notwithstanding the preparation of space plans and / or tenant improvements plans, etc., and / or the expenditure by Tenant of time and / or money while engaged in negotiations in anticipation of it becoming the Tenant under this Lease, or Tenants forbearing pursuit of other leasing opportunities, or even Tenants execution of this Lease and submission of same to Landlord, that this Lease shall become effective and binding upon Landlord only upon the execution hereof by Landlord and its delivery of a fully executed counterpart hereof to Ttenant improvements plans, etc., and / or the expenditure by Tenant of time and / or money while engaged in negotiations in anticipation of it becoming the Tenant under this Lease, or Tenants forbearing pursuit of other leasing opportunities, or even Tenants execution of this Lease and submission of same to Landlord, that this Lease shall become effective and binding upon Landlord only upon the execution hereof by Landlord and its delivery of a fully executed counterpart hereof to TTenant of time and / or money while engaged in negotiations in anticipation of it becoming the Tenant under this Lease, or Tenants forbearing pursuit of other leasing opportunities, or even Tenants execution of this Lease and submission of same to Landlord, that this Lease shall become effective and binding upon Landlord only upon the execution hereof by Landlord and its delivery of a fully executed counterpart hereof to TTenant under this Lease, or Tenants forbearing pursuit of other leasing opportunities, or even Tenants execution of this Lease and submission of same to Landlord, that this Lease shall become effective and binding upon Landlord only upon the execution hereof by Landlord and its delivery of a fully executed counterpart hereof to TenantTenant.
In addition and as mentioned above, feedback from tenants and their lawyers is positive and is being constantly monitored so that further improvements can be made to Clearlet.
If you are a tenant or Condominium Unit Owner, it also covers your interest in building improvements that you make or acquire.
Commercial Repair, Maintenance and Tenant Improvement Contractor is seeking a professional Administrative Assistant individual who is responsible for supporting our Operations Team in the completion of small to medium size construction projects.
Commercial Repair, Maintenance and Tenant Improvement Contractor is seeking a professional Administrative Assistant individual who is responsible for supporting our Operations Team in the completion...
Specializing in bathroom remodels, tenant improvement and retail construction services.
Included, but is not limited to, changes to department layouts, workspaces and cubicles; coordination and monitoring of significant tenant improvement projects and participation in site or department relocation projects.
I am particularly interested in senior - management role positions in the San Francisco Bay area that start at a salary range of $ 100K to $ 150K, in the following categories: business administration and management; real estate development & management; public sector new construction and tenants improvements; renewable energy & green construction; capital contracts procurement, facilities management, budgeting and financial ana...
Professional Summary: * 7 Years Construction Superintendent experience, Remodels, REO Property Repairs, Beezer Home, KB Homes, Tenant Improvement Best Buy's, In and Out, Home Depots, Circle K's.
I have experience in Naval ship and marine design, Tenant Improvement, The Army Corp of Engineers, facility system design from retail spaces for the JJacobs chain to a utilidor upgrade for Boeing's Plant II.
* Knowledge in Construction (ground up), Retrofitting (seismic), Tenant Improvement (TI), Property Condition Assessments (PCA) and...
Yet, even in better times, smart tenants are doing «a reverse credit check» to be sure landlords can pay for improvements and maintenance expenses, says Paul Waters, cre, SIOR, executive managing director, The Americas, for NAI Global.
The total financing will have initial funding of $ 115.5 million, with $ 10.5 million in future funding for tenant improvements and leasing commissions.
I am a Project Manager and Principal Owner of a construction firm that is engaged in commercial and government construction / remodel / tenant improvement.
Constructed in 1896, 620 Avenue of the Americas includes 700,000 sq. ft. of office space with ceiling heights up to 17 ft.. The beaux - arts style building has undergone improvements totaling more than $ 46 million in the last two decades and provides tenants with a central lobby, 24 - hour attended concierge, oversized windows and access to public transportation.
Effective office building operations and the engagement of tenants are essential to high performance, and in combination they are expected to provide at least half of the projected improvement.
Also make sure the improvements are not over the top and in line with the «quality» of the rental while keeping the neighborhood and prospective tenants in mind.
Mesa West financed the riskier portion of the debt, which was split into upfront funding of $ 17 million and a commitment to provide $ 14 million in additional capital to pay for tenant and capital improvements as the property leases up.
So in a three year period (which is the average stay) you will spend at least $ 950 tenanting, $ 475 renewal, and $ 1100 improvements divided by 36 months.
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