Pacific Legal successfully negotiated master lease agreements for two major Manhattan hotels, securing a $14.3 million lease for a midtown property and an $11 million lease for a downtown hotel. Each agreement was carefully crafted to serve the property’s evolving operational needs, allowing for long-term financial sustainability and management flexibility.
Our legal team and the hotel groups worked closely on lease terms, minimizing potential risks and building good tenant relationships. We concentrated on operation efficiency and risk management, so the agreements corresponded to the hotel’s business goals and specific operational peculiarities. Tailoring the approach to our client’s needs in a highly competitive market helped reinforce their position.
Our expertise in structuring complex lease agreements continues to support the growth of our clients in this dynamic real estate landscape where they can flourish in a competitive environment.
