US Open Ground Lease Fight: Key Lessons in Real Estate Contract Drafting
By Matt Behrens, Esq. A well-structured ground lease—i.e., a long-term, often 99-year, lease—is not just a document reflecting today’s environment. It is a roadmap and shield against tomorrow’s conflicts. Behind the sensational headlines of the United States Tennis Association suing New York City over the Queens Casino plan lies an important lesson in lease drafting: […]