Beware Future Real Estate Deal Potholes, NY Attys Say

By Natalie Rodriguez (January 29, 2015, 5:07 PM EST) -- In today's booming real estate deals market, there are several key lease and construction loan provisions that should be carefully negotiated to avoid potentially costly disputes down the road, New York experts said Thursday.

As lease deals and construction loan transactions are picking up, real estate attorneys speaking at the New York State Bar Association's annual meeting on Tuesday warned that there are several key provisions that should be negotiated in  commercial property leases involving renewal or fair market value provisions, as well as in construction financing deals, to avoid future legal fights.

One of these is to make sure there...

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