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Peter S. Britell, a partner at Dewey & LeBoeuf, writes: The law of green buildings now clearly impacts commercial leasing, affecting pre-existing leases and new leases, and also impacting how tenants and landlords negotiate basic lease terms, remedies, and indemnities. For a new lease, the green provisions will depend on the wishes and relative bargaining power of the parties. In the case of a pre-existing lease, however, the result will depend on pre-existing lease terms, to which both landlords and tenants must devote serious attention.
March 16, 2009 at 12:00 AM
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