Several local organizations are joining forces to provide small business owners in the East Village with free legal resources during a workshop next week at Book Club on Third Street.
Via the EVG inbox...
Many small businesses and commercial tenants have concerns about non-rent charges and how they impact the bottom line.
Cooper Square Committee, East Village Independent Merchants Association (EVIMA) and Brooklyn Legal Services will bring free legal resources to neighborhood businesses and commercial tenants.
Join us for one or both of our upcoming sessions on non-rent charges. Lawyers will be available after each session to do one-on-one consultations.
Bring your commercial lease and your questions!
Morning and evening session available:
Tuesday, Feb. 4 at 9 a.m.
Wednesday, Feb. 5 at 7:30 p.m.
197 E. Third St. near Avenue B
Typically tax and operational expenses are considered "Other Rent" and always defined in the lease, although the exact amount can't be determined in advance. If a competent professional reviewed the lease, it will include audit clauses that permit contingency-based auditor reviews. Most people have no idea how expensive commercial spaces are to operate. In NYC there is a property tax, and then there is a commercial rent tax on your rent and a business tax if you are in midtown, never mind sales and income and excise taxes. Fascinating.
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