Food Archives - Food, Beverage & Hospitality

Poughkeepsie – 305 Main Street – For Lease

January 2, 2020February 24, 2020foodbevhosp

305 Main Street, Poughkeepsie, NY | 3,600sf – Asking Rent: $14.00/psf, modified gross | Contact: Rick Tannenbaum | 917-689-1799 | rtannenbaum@houlihanlawrence.com The City of Poughkeepsie has approached downtown revitalization in a way that honors and preserves its historical roots, while building a model 21st century economy that nurtures and welcomes makers, innovators, and activists of every […]

What’s My Business Worth? The Science and Art of Business Valuation.

December 25, 2019July 13, 2020foodbevhosp

Pandemic aside, valuing a business is complicated. Is a business devalued because of short-term disruption in sales? Has there been a fundamental shift in the viability of certain businesses? Sellers may consider some discount for the pandemic’s short-term impacts, but most still believe that the value of their asset is not defined by the temporary […]

The Pandemic Clause – What’s In Your Lease?

December 25, 2019July 13, 2020foodbevhosp

New Thoughts On Lease Negotiations In A Post-Pandemic World There are millions of commercial property leases in place. While most have incorporated contingencies for scenarios from A to Z, few have considered what to do in the face of a widespread and devastating health pandemic. In fact, there is likely no such thing as a […]

Landlords: Do More Than Offer Rent Abatement To Hold Onto Tenants

December 25, 2019July 13, 2020foodbevhosp

Landlords Are Hiring Small Business Consultants To Help Tenants Navigate Pandemic’s Stormy Waters Smart landlords are doing more than offering rent abatement to tenants during this unprecedented time of upheaval. Instead, they are hiring small business consultants to help tenants navigate federal loan assistance programs because rent abatement may not be enough to salvage a […]

When Fair Leasing Terms Are A Workout

December 25, 2019July 13, 2020foodbevhosp

24/7 Fitness Clubs and Tenant NNN Obligations – A Closer Look By Rick Tannenbaum Let’s say you’ve been operating your 2,000sf cafe or grab-n-go in a 40,000sf neighborhood shopping center and your contributions for CAM and INS have been about $3.00/psf. Your lease specifies that your share of NNN expenses, based purely on your square footage, is […]

Newburgh WireWorks Food & Beverage Spaces

December 12, 2019February 6, 2020foodbevhospLeave a Comment

Restaurant | Food | Beverage @ Newburgh WireWorks 109 South William Street, Newburgh, NY | Asking Rents: From $20.00/psf, modified gross | Contact: Rick Tannenbaum | 917-689-1799 | rtannenbaum@houlihanlawrence.com Newburgh is a beautiful and historically significant city on the west bank of the Hudson River, just 60 miles north of Manhattan. Rich in architecture, culturally […]