Representing the sublessor
was John Aires, Principal, SVN Commercial Real Estate Advisors.
Thomas Kennedy of Kennedy Commercial Real Estate represented the sublessor
, Limehouse Produce Inc., in the sublease of 19,981 square feetof warehouse space at 2650 Carner Ave.,North Charleston,to Southern Current LLC.
Entre's Dan Benassi, SIOR, and Mike Deserto represented Rockford Systems, while JLL's Kurt Kittner represented the sublessor
in the transaction.
Among the assets acquired, Ramaco became the sublessor
of Revelation Energy, LLC, which operates underground coal mines formerly owned by a subsidiary of SunCoke Energy, Inc.
The Commissioner made findings as to the relations between the sublessor
and the hospital partnership, pointed out that under section 35-b of the Social Welfare Law licensed physicians only may operate proprietary hospitals, and held that by reason of certain facts this hospital was actually being operated by the sublessor
corporation and that, accordingly, the operation of the hospital was in violation of section 35-b and held that there was, therefore, no right of Mid-Island to any determination as to the adequacy of the reimbursement rate.
(44) Moreover, the court found it persuasive that COCC's sublease agreement with SCRDI imbued COCC with additional responsibilities to monitor the operations of its sublessor
, therefore indicating an additional level of control.
CO Article 262, Paragraph 3, Sentence 2 provides that a landlord is entitled to demand, both of a sublessor
(his own tenant) and of a sublessee--with whom he has no contractual link--that the property in question be used in a proper manner, as set forth in the primary lease.
As the sublessor
, the management company takes on the duties usually assumed by the owner such as marketing, screening, rent collection, tenant service and repairs.
3d DCA 1959) ("Recovery may include special damages which are reasonably and necessarily incurred as a proximate result of the failure of the lessor or sublessor
to perform his contract to make a lease or sublease, and such as should reasonably have been contemplated by the parties.").
Information networks circulating through churches were also cited as valuable resources for finding a group of people with whom to partition a room, a landlord or sublessor
willing to lease, or a temporary place to stay upon first arrival in the city.
Jay Leslie and Randy Scott of Cornish & Carey represented the sublessor