Mark Axinn, Chair of the firm's Cooperative and Condominium practice and a partner in the Real Estate department, participated in an interview, From Empty Storefront to Steady Income hosted by Habitat's Carol Ott.

In this insightful conversation, Mr. Axinn explains when co-op or condo loses a commercial tenant, a cash crunch often follows. Finding a new tenant is just the beginning — the real challenge is structuring a lease that protects the building’s finances and residents. Mark explains how to think like a professional landlord while recognizing your unique constraints. Key elements are managing rent concessions, handling broker commissions, and funding upfront renovation costs when building reserves are low. 

Click here to listen to the full episode or find it Spotify.