Dear HL Clients and Friends, There was a time in NYC when a restaurant or bar could succeed if the owner was a hustler with well-honed hospitality chops, a clear vision and a few bucks behind them. You might have to endure a temporary setback...

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NYC Weather Advisory Guide

December 15, 2020

For the next 6 months, paying the rent is going to be everyone's biggest headache so we need to figure out how to deal with leases and Landy in order to make it through to the promised land.  HL has assembled our resident experts to discuss topics...

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OPTIMISM ABOUNDS AS INDUSTRY REACTS TO GOOD NEWS AND DEALS PICK UP STEAM This has been a good couple of weeks.  Simple words rarely uttered in these spine-tingling times as we continue to get clobbered by Covid and are hanging on by our tweezers. Winter is in sight, outdoor dining is dwindling,...

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BREAKING NEWS!!!! COURT ISSUES BIG VICTORY FOR TENANTS: FINDS 1932A CONSTITUTIONAL!!! Take that Landy!  The Federal District Court has just issued their ruling and has sided with tenants in a huge victory for the industry and all retail tenants.  In short, the judge ruled that the...

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Restaurant landlords and tenants explain their business models and discuss rents and leases and what matters most to them. James Wacht, a restaurant landlord, broker and attorney and John Fraser, a veteran NYC chef and restaurateur will join David Helbraun for an open and frank...

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A Message to Landlords

April 24, 2020

HEY, LANDLORDS & LEGISLATORS... LISTEN UP! Dear HL Clients,Our voices must be heard.  We are too big and too important to be silenced or marginalized. If we can't get landlords to work with us or legislators to take us seriously, we are going to have to take...

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Your business is buzzing, you’re working 90 hour weeks and everything is going well.  You can’t believe how the neighborhood has grown up around you and patrons and waiting in line to get in on Tuesday nights.  Lucky for you, your rent is manageable, and...

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There comes a time when a restaurant owner (or any business owner) may need to sell their business.  There are several different aspects to the sale of a business, and many steps that need to be taken.  You should perform some due diligence on your...

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