The Rent Guidelines Board approved increases of 2 percent to 4 percent for one-year leases and 4 percent to 6 percent for two-year leases, among the lower range of increases the nine-person panel has recommended in recent years.
Until yesterday, SMG, the landlord since 1979, has not responded to criticism by Islanders fans and potential buyers that it is blocking the potential sale of the team by refusing to modify what the National Hockey League says is one of the worst arena leases among all its teams.
After a protracted and bitter battle with the Plaza's owners over noise levels, money and alleged lease violations, among other things, the Oak Room's proprietors said in May that they would close.
The S.E.C. accused the company, based in Cedar Rapids, Iowa, of overstating its revenue by about $11.2 million and failing to disclose the nature of some long-term lease sales, among other errors.
Jack Dempsey's Restaurant, which closed after the owners lost a legal dispute over the terms of the lease, was among the last of the old celebrity haunts on Broadway.
Earlier this year, men from Douz Gharbi occupied the first of Perenco's planned drilling platforms, demanding more jobs and a higher lease fee, among other things.No sooner had the Douz Gharbi lot cut a deal with Perenco than Ghlissia's people claimed that the well was in fact on their land.
HDOS Enterprises, owner of the employee-owned Hot Dog on a Stick snack shacks ubiquitous in malls, filed for bankruptcy protection Monday, citing expensive lease costs among the factors.
The campus has been leased for, among other things, a laundry for a luxury hotel.
Last, if you're moving to a country with a lending or rental system based on credit history (such as the US), and you have none, you may have to have your employer help you secure temporary housing and a rental or leased car, among other things.
Christianity, rapidly declining in Europe, has a new lease on life among enterprising Chinese and Latin Americans.
