Commercial Real Estate Questions Answered in "Legally Speaking"
What happens to tenant improvements after a fire?
Richard Strauss, co-chair of the Real Estate practice, discusses who is responsible for damages to tenant improvements caused by fire. A lease may call for the landlord to restore the premises but who covers leasehold improvements like hung ceilings, partitions, lighting and other additions? This article appeared in The Leader, an influential journal serving the commercial real estate industry.