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_Commercial Real Estate

Commercial Real Estate in Manhattan● Commercial leasing activity in Manhattan totaled more than 26 million square feet in 2010.
● The fourth quarter, alone, saw activity reach 7.5 million square feet.
● In 2010 sales transactions, investors closed on $13.6 billion in property in Manhattan.
● The vacancy rate for Manhattan office space was 10.5% in January 2011.
● Nearly 30% of new commercial leases in Manhattan in 2010 went to financial services firms.
● Legal services firms accounted for more than 15% of leasing activity, followed by government, education, and social services organizations.Source: Cushman & Wakefield

Location is a vital ingredient in business success. A commercial organization must be visible to its customers and afford them easy access to its products and services. After a downturn that mirrored the overall economic decline experienced by the U.S., the commercial real estate market is rebounding, and forecasts by industry experts predict continued growth. In an active commercial real estate market, it is important to ensure that leases, purchase agreements, and other arrangements vital to your business, your investment strategies, or your personal objectives are correctly and favorably structured and executed.

At The Law Offices of Newman & Drukman, our New York commercial real estate attorneys are respected professionals with years of experience in helping individuals, business leaders, entrepreneurs, and organizational representatives purchase or lease commercial real estate. Our business-savvy lawyers know the challenges you face when you consider buying or leasing commercial properties. We know that handling legal matters effectively and efficiently is a vital part of your ability to remain competitive.

Our firm’s New York commercial real estate lawyers have built a solid reputation for providing clients with the knowledgeable advice they need in order to maximize the return on their real estate investments. Further, our negotiation skills and our understanding of the factors that affect commercial markets enable us to achieve positive results for our clients, whether they are cost-conscious start-ups, established small businesses, or large and thriving organizations.

The New York commercial real estate lawyers at The Law Offices of Newman & Drukman are pleased to offer services to both landlords and tenants, along with buyers and sellers of properties. Our experience in representing all types of clients in commercial transactions has given our attorneys comprehensive perspectives of the rights and responsibilities that apply to all parties involved in real estate matters.

At The Law Offices of Newman & Drukman, you will find the respectful treatment you expect from a firm that has earned a reputation for excellence. In the area of commercial real estate, our experienced attorneys know how to assist you with these and other needs:

●  Commercial leasing
●  Sales of commercial properties
●  Contract questions
●  Zoning and land use issues
●  Tax issues
●  Matters of financing or refinancing
●  Real estate development
●  Commercial real estate litigation

When you need reliable legal advice to make informed decisions about commercial real estate matters, the New York commercial real estate attorneys at The Law Offices of Newman & Drukman offer you knowledge and experience you can trust. We are committed to helping you achieve your business or personal objectives, and our attorneys provide you with responsive service and attention to every detail of your case. Call our firm to schedule a consultation.