We're hopeful that a lot of people are starting new businesses. We're hopeful that people are going to fill up those empty retail spaces. When somebody starts a business, they get a lease. Sometimes it's 10 pages and it's handwritten or it's from 1986 because you have an old-timer that's used the same lease forever and hasn't changed. That's okay. We liked that too, I guess.
Sometimes we get a lease that's 90 pages long. The bigger the landlord, the bigger the lease. As many buildings as they have, they add a page for every time they acquire a new property. They also ask for more and more insurance as they continue to grow themselves. When should a business owner, a prospective business owner, consult with you as an attorney?
We sit down to discuss this an more with Joseph J. Asterita of Bonfiglio & Asterita.
