Olshan Real Estate lawyers are among the premier parking garage leasing attorneys in New York City.
We have represented purchasers, sellers, owners and operators of condominiums and freestanding garages, landlords, and major garage operating companies as tenants in leasing garages in commercial and residential buildings, including high-end condominium, co-operative and rental buildings, as well as freestanding garages and parking lots. We negotiate, structure and enforce lease agreements and clauses including lease modifications, renewals, subleases, assignments and terminations.
In addition to traditional leasing arrangements, our lawyers also represent owners of freestanding garages and parking lots in ground leasing their properties to institutions and developers who convert the properties for use as hotels, offices or residential facilities.
- Represented the landlord in connection with the leasing of space to Hertz at 219 West 77th Street and 355 East 76th Street in New York City.
- Represented various landlords in connection with garage leases in rental, condominium and co-op buildings throughout New York City with high-profile garage businesses (e.g., City Parking, iPark, Champion and Icon).
- Represented a landlord in connection with a ground lease of a garage to a major New York hospital for conversion into modern medical offices. The ground lease became the topic of a letter ruling by the Department of Finance on leasehold condominiums and real estate tax abatements under RPTL §420-a.
- Representing Manhattan Parking Group in entering into garage leases and parking management agreements throughout New York City.
