Yes, you know this, but this column is a dictionary (of sorts), so let’s define a TIA—tenant improvement allowance—as the amount of money a landlord will give toward preparing a space for occupancy and delve into it.
Typically, a TIA is stated either as a per-square-foot amount or a fixed sum. Any overage is borne by the tenant. The rationale for giving the TIA is to attract quality tenants (especially useful in a soft market). This is also used to finance the overhaul of outdated spaces. The amount is totally negotiable, so tenants are well advised to rely on their savvy local brokers to guide them.
By Jan. 22, 2017, employers must use only the new version, dated 11/14/2016 . Until then, they can continue to use the version dated 03/08/2013 or the new version.
Among the changes in the new version, Section 1 asks for “other last names used” rather than “other names used,” and streamlines certification for certain foreign nationals.
On January 27, 2017, President Trump signed the Executive Order titled “Protecting the Nation from Foreign Terrorist Entry into the United States.” The following is an explanation of the executive order and how it may affect you, your employees, or your family. This report attempts to explain who is affected by the ban, the effects on travelling outside the US based on advance parole, and the steps you can take to secure your status in the United States.
On December 8, 2016, we published the following article regarding Real Estate. Many retailers believe that certain types of stores reach their full potential for sales only in the presence of other complementary retail uses.
Two recent events have come to light that might affect your immigration matters. In this issue of our newsletter, we will cover the following:
1) H-1B Deadline Looming
2) H-1B Premium Processing Service Suspension
3) New Presidential Executive Order – Travel Ban 2.0
Urgent Reminder – There is Still Time to File for Your H-1B Visa
Going out for a casual lunch ain’t what it used to be…and that’s good. This is in large part due to the superheated growth of the food hall concept with its diverse offerings and a side of millennial communal interaction. A simple definition in today’s day and age would be: a commercial space with communal seating populated by a variety of curated, high-quality local food purveyors.
In the universe of agreements that can protect a tenant’s fundamental right to life, liberty and undisturbed tenancy—at least until the end of the agreed upon term—one of the most important is the SNDA: Subordination, Non-Disturbance and Attornment Agreement.