Newmark, NY Law Journal hold annual mock lease negotiation.

Newmark & Company Real Estate, Inc., in conjunction with the New York Law Journal Founded in 1888, the New York Law Journal is the top-selling legal daily in the United States. The newspaper covers legal news, decisions, court calendars, and legislation, and provides analysis and insight in columns written by leading professionals. , presented the seventh annual mock lease negotiation seminar on October 5th. The seminar, entitled "Mastering the Art of Negotiating the Modem Lease," included discussion of default provisions, concessions, sublease sublease n. the lease of all or a portion of premises by a tenant who has leased the premises from the owner. A sublease may be prohibited by the original lease, or require written permission from the owner. provisions, compliance issues, renewal and cancellation options, and escalation formulas, among other topics.

"This seminar's goal was to give participants insight into prevailing practices in the development of sensible lease agreements," said Barry Gosin, Newmark's vice chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "In particular, we wanted to focus on meaningful provisions and tricky clauses that, without thorough understanding, can lead to expensive mistakes for an office tenant."

The seminar took the form of a regular lease negotiation, with the moderators occasionally interjecting to explain or clarify the finer points of real estate and the law, from the viewpoints of owner, tenant and lender.

Participants in this year's mock negotiation included: Alan M. DiSciullo, first vice president and senior attorney of Morgan Stanley

To comply with Wikipedia's , the introduction of this article needs a complete rewrite. Dean Witter Dean Witter may refer to:

Dean G. Witter (businessman, Co-founder of Dean Witter & Company)
Dean Witter Reynolds (brokerage firm, now known as Morgan Stanley)

(the tenant); Larry Loeb, partner at Kramer, Levin, Naftalis & Frankel (tenant's lawyer); Mr. Gosin (tenant's broker); Adam C. Hochfelder, president of Max Capital Management Corp. (owner); Roger W. Noble, partner at White & Case (owner's lawyer); James D. Kuhn, president of Newmark (institutional joint-venture partner); Douglas Ulene, partner at Wilkie Farr & Gallagher (moderator); and Steven Simkin, partner at Paul Weiss This article is about the nanoscientist. For the philosopher, see Paul Weiss (philosopher). For the biologist, see Paul Alfred Weiss.

For the law firm, see .

Paul S. Weiss is a leading nanoscientist at the Pennsylvania State University. Rifkind Wharton & Garrison (legal moderator).

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Publication:	Real Estate Weekly
Article Type:	Brief Article
Date:	Dec 8, 1999
Words:	227
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