Real Estate Attorney - Commercial Leasing

Job Details

Description

Principle Duties & Responsibilities:

• Communicate with leasing agents regarding lease documents and deals made with tenants or proposed tenants.
• Aid leasing agents with prospective tenant proposals, including LOI’s and check restrictions.
• Meet with leasing agents to review lease terms and status.
• Present proposed and existing lease deals, lease modifications and completed leases, and react/respond to changes as requested.
• Negotiate leases, lease amendments, waivers, subordination agreements, estoppels and termination agreements with tenants, attorneys, and brokers.
• Draft and revise leases and lease amendments for new and existing tenants.
• Collect information and exhibits from other departments for final lease review.
• Provide information and directions to administrative staff in implementing lease terms (i.e., providing dates necessary for lease commencement).
• Answer questions regarding leases.
• Assist in preparing purchase and sale contracts.
• Work on due diligence requirements in preparing for closings.
• Negotiate ancillary lease forms, such as waivers, subordination agreements, estoppels, termination agreements, rental agreements, etc.
• Maintain awareness of lease terms, obligations and responsibilities required in each lease (such as meeting penalty and dead dates), and exclusives and restrictions to avoid violations of existing leases.
• Prepare post lease execution documents such as waivers, SNDA’s and TI allowance.
• Aid departments regarding insurance claims, lease claims and tenant disputes regarding lease terms and collections.
• Assist in managing all aspects of eminent domain matters.
• Aid in managing all aspects of complying with and applying for government incentives (i.e., Industrial Development Agency benefits).
• Ensure completion of weekly lease listing.

Qualifications

• J.D. required, in addition to 5+ years practicing law.
• Licensed to practice law in New York.
• Specific knowledge of commercial real estate leasing is required.
• Experienced in contract negotiations.
• Excellent communication skills, both written and verbal a necessity; proficiency in Microsoft Office applications;
• Proven ability to multitask, managing multiple real estate files in an effective and efficient manner.

Pay Range

$130,000 - $200,000 Annually