Thu Feb 4 2010
Juliana Stamato Interviewed by Smart Business Magazine: Lease Strategies
Even after downsizing, many companies still find themselves stuck as tenants leasing more space than needed or with rents they can no longer afford to pay. These companies then run the risk of going into default on the lease or possible eviction from the space. They could also lose any security deposits or find themselves owing money as the result of the landlords' draw of letters of credit if they cannot keep promises under the lease.
Smart Business Magazine spoke with Juliana Stamato, real estate attorney with Theodora Oringher Miller & Richman PC, about the different options and strategies that tenants and landlords can utilize to cope with these challenges. The interview can be found here.