A potential client owns a retail store in a shopping center in DTLA. He renewed his lease in November but now the landlord has notified him that they are closing the center entrance next to his store for 2 years of construction. He is worried about losing foot traffic and feels like the landlord should have disclosed this before he renewed the lease. The non-disclosure angle is an interesting legal issue but there are also practical issues: a small retailer v. a huge institutional landlord and a landlord friendly lease. The lease undoubtedly protects the landlord from traffic claims. Alternative solutions include working with the landlord to help drive traffic, additional signage, a more visible kiosk, temporary rent reduction, etc.
- Practice Areas