Can anyone share a lease from a golf course land owner to a golf course operator please?
Mike
Michael A. Nigro, Esq. – Phone
(816) 994-3500 Cellular
(816) 333-2600 Email
mi...@manigrolaw.com
-----Original Message-----
From: Mike Nigro
Sent: Tuesday, March 24, 2020 11:36 AM
To:
nyclar...@googlegroups.com
Subject: RE: [nyclarealprop] RE: Commercial and Residential Tenants
See attached. At least the Natl Restaurant Assoc is asking the fed to back-up BI claims. Every insurer I spoke with claims they are excluded.
Michael A. Nigro, Esq. – Phone
(816) 994-3500 Cellular
(816) 333-2600 Email
mi...@manigrolaw.com
-----Original Message-----
From: 'Eliza Hall' via nyclarealprop [mailto:
nyclar...@googlegroups.com]
Sent: Tuesday, March 24, 2020 10:50 AM
To:
nyclar...@googlegroups.com
Subject: Re: [nyclarealprop] RE: Commercial and Residential Tenants
Edward, I had the same thought. It seems like that’s how it should work, but I’m looking forward to getting more thoughts on this from someone more knowledgeable than me.
> On Mar 24, 2020, at 9:58 AM, Edward S. Hill, Esq. <
eh...@cappallihill.com> wrote:
>
> ⚠ EXTERNAL
>
> Is their relief in business interruption insurance?
>
>
> Edward S. Hill, Esq.
> Admitted in Connecticut, Massachusetts and Rhode Island Mailing
> Address:
> Cappalli & Hill, LLC
> c/o Edward S. Hill, Esq.
> 621 Elk River Drive
> Ormond Beach, FL 32174
> Direct:
203-272-2607
> Email:
eh...@cappallihill.com
> Website:
www.cappallihill.com
>
> -----Original Message-----
> From:
nyclar...@googlegroups.com
> [mailto:
nyclar...@googlegroups.com] On Behalf Of Bridget Hust
> Sent: Monday, March 23, 2020 10:06 PM
> To:
nyclar...@googlegroups.com
> Subject: [nyclarealprop] RE: Commercial and Residential Tenants
>
> The webster dictionary definition of "force majeure" includes pandemics. If the tenant can get out of paying rent for "force majeure," I think our landlord clients don't have any recourse.
>
> -----Original Message-----
> From:
nyclar...@googlegroups.com <
nyclar...@googlegroups.com>
> On Behalf Of Louis Carbone
> Sent: Monday, March 23, 2020 7:05 PM
> To:
nyclar...@googlegroups.com
> Subject: [nyclarealprop] Commercial and Residential Tenants
>
> We represent several small to mid size New Jersey and New York Landlords who own various mixed use buildings that are receiving numerous calls from their commercial and residential tenants (inclusive of Restaurants, bars, gyms, salons who were forced to close) asking for either immediate rent concessions or informing the Landlord they cannot (or will not) pay upcoming rent.
>
> In most cases the Leases do not have rent abatement provisions (other than for a casualty) or force majeure provisions. The buildings remain open and are operating.
>
> Preliminary some of the Landlord's have pointed these tenants to new
> state or SBA programs being offered for economic assistance as a way
> to assist the tenants..however such Landlords are not being given any
> concessions from their mortgage lenders or relief from the state as to
> taxes, or utilities, etc
>
> I would interested to hear what legal or management advice should be given to these Landlord and their management companies who are now dealing with these issues..which will be around for a while....
>
>
>
> Louis J. Carbone, Esq.
> Law Offices of Louis J. Carbone P.A.
> Office
561-272-0282
> Lo...@Carbonelegal.com
> Member NY, NJ*, CT, FL, & DC Bars
> *In House Counsel
>
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