Commercial Leasing Attorney
$150kRobert Hadley
Overview
Experience Level: Mid-Level Associate (3–7 years)
About the Firm: Our client is a respected mid-size law firm located in lower Manhattan, known for their excellence in transactional real estate, commercial real estate, and banking. They offer the resources of a larger firm with the collaborative culture of a close-knit team. There, you'll find a supportive environment where your ideas are valued and your contributions make an impact from day one. Whether you're looking to grow professionally, take on meaningful work, or join a team that works hard and enjoys the process, this firm is a place where you can build a rewarding legal career.
Position Overview: An exciting opportunity for an experienced Commercial Leasing Attorney to join their team! The ideal candidate is a motivated and detail-oriented attorney with extensive experience managing complex commercial leasing transactions and a deep understanding of the legal and business dynamics that drive commercial real estate deals.
Responsibilities
- Manage commercial real estate transactions for various asset classes including office, retail, industrial, and ground leases
- Draft, review, and negotiate a wide range of commercial leases including gross leases, modified gross leases, triple net leases, percentage leases, and ground leases
- Manage all aspects of commercial real estate purchase and sale transactions, including contract negotiation, due diligence, title, and survey review, and closing
- Analyze lease provisions related to rent escalations, operating expenses, CAM charges, exclusivity, use restrictions, and default provisions
- Negotiate and draft/revise letters of intent (LOIs), lease amendments, assignments, subleases, and early terminations
- Counsel clients on lease administration issues, enforcement of lease terms, and rights and remedies in default situations
- Conduct due diligence including lease abstracts, estoppel certificates, and SNDA (Subordination, Non-Disturbance, and Attornment) agreements
- Conduct legal research and analysis related to real estate law, zoning, title, and regulatory compliance in New York
- Ability to analyze the business impact of leasing terms and align legal recommendations with client objectives
- Maintain strong relationships with clients and provide practical, business-focused legal guidance throughout all stages of transactions
- Collaborate with institutional lenders in connection with lease reviews and financing transactions
- Collaborate with attorneys across practice groups, including banking and finance to structure transactions
- Provide guidance on leasehold financing issues and negotiate lease terms that satisfy lender underwriting requirements
- Ability to interpret and synthesize complex lease documents and align legal advice with clients' business goals
- Stay current on market leasing trends, local zoning updates, and commercial real estate developments affecting leasing strategies
Qualifications
- J.D. from an accredited law school and admitted to practice in New York State
- 3-7 years’ experience in commercial leasing and real estate transactions at a law firm or in house legal department
- Proven experience drafting and negotiating leases for office, retail, and or industrial spaces
- Familiarity with real estate financing, loan documents, and title/survey review
- Exceptional organizational communication and client-relations skills
- Ability to work both independently and as part of a team in a fast-paced, collaborative environment
- Knowledge of zoning regulations, building codes, and ADA compliance as they relate to leasehold improvements
- Deep understanding of key lease provisions: rent escalations, use clauses, exclusivity, operating expenses/CAM, repair and maintenance obligations, indemnities, and termination rights
Compensation and Benefits
- Competitive salary commensurate with experience: $150,000 +
- Retirement savings plan (401k)
- Vacation / paid time off
- Opportunities for career advancement within the firm
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