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Earlier Hard-Times Leases Reborn in Slumping Market

By Joe Cavaluzzi, Crain's New York Business
Loeb & Loeb LLP is noted and Ray Sanseverino is quoted on New York office tenants' demand for concessions in their leases in light of the current difficult market. There is a trend of tenants plumbing leases written in past recessions for ideas of concessions made in similar economic climates.