May 31, 2020
Fashion Mannuscript published an article by national Retail & Consumer Products Co-Leader Ronald Friedman and Tax Partner James Philbin, about COVID-19 relief for retailers.
Fashion Mannuscript
By Ronald Friedman, Co-Leader, Retail & Consumer Products & James Philbin, Partner, Tax & Business Services
Excerpt:
In addition to the options provided through the federal government’s relief bills, landlords and tenants can consider lease modifications that could be a “win-win” for both parties. For example, the landlord could offer some period of free rent for 2020 as a trade-off for accelerating a renewal option. This could be a creative way to provide security for the landlord and rent relief for the tenant.
Click here to read a PDF version of the article >>
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