What Happens to My Rent When the Building's Tax Benefit Expires?Tenants may choose to renew their lease based on stabilization rights before benefits expire.Once 421-a benefits expire, rent stabilization protections typically end unless specific lease details are documented.
Legendary stays at The Pointe in Burbank with 90K sf leaseLegendary Entertainment renewed its lease for 12 years at The Pointe, showcasing resilience amidst a challenging office market in Burbank.
The Bryant Park Grill Is Fighting to SurviveThe Bryant Park Grill's lease renewal is uncertain, prompting Ark Restaurants to alert the public to support the restaurant.
Rally against Floyd Bennett Field migrant shelter held SundayCommunity members and officials protested against extending the lease for a migrant shelter at Floyd Bennett Field, citing safety, economic, and infrastructure concerns.