News

Ira Meislik’s Latest Article Exploring Problems In Assignment and Subletting Is Published

Published: July 27, 2009

Commercial Leasing Law & Strategy, a leading industry newsletter has just published the second part of a three-part article written by Meislik & Meislik’s Managing Principal, Ira Meislik. Titled: How to Create Common and Uncommon Assignment/Subletting Problems, the article, in the July, 2009 edition, explores the use of assignment and subletting rights as part of a tenant’s exit strategy. The second part singles out certain indirect transactions that take on the characteristics of assignments. It also describes a number of ways that a tenant, using creative structuring of assignee entities, can avoid restrictions commonly found in leases. Lastly, Ira Meislik describes a number of lesser know ways in which restrictions on assignment and subletting can be circumvented.

Publications directed to the community of commercial real estate attorneys, developers, tenants, and property managers continue to look to the attorneys at Meislik & Meislik, a New Jersey law firm with a national real estate practice, as their source for timely, accurate, and focused information. According to Ira Meislik, “leasing and other inductry publication look to our attorneys as a source for incisive and timely information about issues and solutions of concern to commercial real estate owners, tenants, and lenders. We are proud to be under such a spotlight.”

Ira Meislik has written and spoken extensively in the areas of real estate, business entity selection, attorney ethics, limited liability entities, and unincorporated business associations. He is a Fellow of the American College of Real Estate Lawyers. Mr. Meislik is also chairman of the Ground Leasing Committee of the American Bar Association’s Real Property, Probate and Trust Section and is a member of the American, New Jersey, New York, and Essex County Bar Associations, as well as of the International Council of Shopping Centers. He is also a member of the New Jersey State Bar Association’s Real Property, Trust and Estate Law Section’s Board of Consultors and a director of its Business Law Section. Mr. Meislik has also chaired the American Bar Association’s Real Property, Probate and Trust Section’s Joint Committee on Limited Liability Companies. He can be reached at .(JavaScript must be enabled to view this e-mail address)or at 973.783.3000.

Meislik & Meislik is a law firm focusing on business and commercial real estate matters. The firm provides their clients with special expertise in the area of Retail Real Estate Law. Located in Montclair, New Jersey, it represents developers, investors, landlords, and single and multiple-location tenants locally as well as nationally and regionally. More about Meislik & Meislik can be found on its website at www.meislik.com.

Meislik & Meislik Attorney Ira Meislik Earns Recognition as a LEED® Accredited Professional

Published: June 28, 2009

Ira Meislik, managing principal of Meislik & Meislik, a New Jersey law firm, has been designated by the United States Green Building Council as a Leadership in Energy and Environmental Design LEED^® Accredited Professional (LEED^®AP). As of the date of his accredidation, there were only eight other New Jersey lawyers holding this distinguished credential.

LEED is an internationally recognized green building certification system, providing third-party verification that a building or community was designed and built using strategies aimed at improving performance across all the metrics that matter most: energy savings, water efficiency, CO2 emissions reduction, improved indoor environmental quality, and stewardship of resources and sensitivity to their impacts.

Developed by the U.S. Green Building Council, government agencies throughout the United States increasingly are incorporating LEED guidelines into building codes. As a LEED AP, Mr. Meislik will be a resource to clients, able to provide counsel as to how to meet regulatory green building requirements and, if they choose, how to earn green building certification from the Green Building Council. His accredidation was earned when he demonstrated his thorough understanding of the principles of Green Building design and operation and his comprehensive knowledge of the LEED rating system and process.

Ira Meislik has written and spoken extensively in the areas of real estate, business entity selection, attorney ethics, limited liability entities, and unincorporated business associations. He is a Fellow of the American College of Real Estate Lawyers. Mr. Meislik is also chairman of the Ground Leasing Committee of the American Bar Association’s Real Property, Probate and Trust Section and is a member of the American, New Jersey, New York, and Essex County Bar Associations, as well as of the International Council of Shopping Centers. He is also a director of the New Jersey State Bar Association’s Business Law Section and recently retired from his six year term as a member of Real Property, Trust and Estate Law Section’s Board of Consultors. Mr. Meislik has also chaired the American Bar Association’s Real Property, Probate and Trust Section’s Joint Committee on Limited Liability Companies. He can be reached at .(JavaScript must be enabled to view this e-mail address) or at 973.783.3000.

Meislik & Meislik is a law firm focusing on business and commercial real estate matters. The firm provides their clients with special expertise in the area of Retail Real Estate Law. Located in Montclair, New Jersey, it represents developers, investors, landlords, and single and multiple-location tenants locally as well as nationally and regionally. More about Meislik & Meislik can be found on its website at www.meislik.com.

Mark Morfopoulos’s Lease Audits Article Is Published

Published: June 28, 2009

“Lease Audits: Adding Value in Troubled Times,” Mark Morfopoulos’s newest article, has just been published in the June 2009 edition of Commercial Leasing Law & Strategy. In his article, Mark points out how, by conducting a lease audit, a tenant can keep its costs under control. In these trying economic times, a tenant’s very existence may depend upon its ability to reduce costs by avoiding payment of unjustified pass-through type expenses. Mark addresses critical issues such as verification of proportionate share, looking for items excluded by the lease’s provisions, but improperly billed as part of the landlord’s expenses, and the right to conduct audits in the first place. The text of his article can be found on the Meislik & Meislik web site at: www.meislik.com/articles/lease_audits.

Mark is an attorney in the Commercial Real Estate Group at Meislik & Meislik and has a special focus in the area of Retail Real Estate Law. Mr. Morfopoulos formerly was an in-house attorney for a Fortune 500 company and, as such, regularly handled complex deals at domestic and international locations. While acting as in-house counsel he was instrumental in initiating a company-wide environmental audit program. As a private practitioner, Mark managed the Toys ‘R Us lease in Times Square, New York and negotiated a successful cable franchise contract with Verizon. Mark can be reached at .(JavaScript must be enabled to view this e-mail address) or by calling (973) 783-3000.

Commercial Leasing Law & Strategy “provides practical, must-have information on the business and legal aspects of commercial leases.” It is published monthly by the Law Journal Newsletters and subscriptions can be obtained at www.lawjournalnewsletters.com.

Ira Meislik Named One of New Jersey’s Top Real Estate Attorneys

Published: June 28, 2009

Ira Meislik, managing principal of the Montclair, New Jersey law firm of Meislik & Meislik has been named by Real Estate New Jersey magazine as one of the Garden State’s top real estate attorneys. The complete article appears in its May/June 2009 edition.

In this, its third annual compilation of New Jersey’s top real estate attorneys, the magazine said that picking from the nominations “was a tough task, because all were talented, smart and experienced. But these names stood out for their in-depth knowledge of the real estate industry and involvement in some of the state’s biggest projects.” Real Estate New Jersey went out of its way to note that Ira Meislik was named this year by Boston-based BTI Consulting as one of only 176 attorneys nationwide identified by Fortune 1000 companies as providing outstanding client service.

Meislik & Meislik, a firm whose credo is “Getting the Deal Done,” focuses on business and commercial real estate transactions. According to Ira Meislik, “I am thrilled to be named again as one of New Jersey’s top real estate attorneys and will continue to do everything I know how to do to deserve such recognition.”
Ira Meislik’s practice is concentrated in two areas – Business Law and Commercial Real Estate Law. His business law practice covers general business, commercial, and transactional matters. In this area, he provides business counseling advice and handles business formations, acquisitions, mergers, and contracts. His commercial real estate practice focuses on the needs of landlords and tenants primarily within shopping centers and office properties. In addition, he has extensive experience in the acquisition, disposition, and financing of real property.

Real Estate New Jersey is published bi-monthly by Real Estate Forum Magazine, an Incisive Media Properties, LLC company. Digital copies are available at http://www.renj-digital.com.

Karen Abrams to Participate in “Nuts and Bolts of Retail Leases” Program

Published: June 28, 2009

Karen Abrams of Meislik & Meislik has been invited to lead the upcoming July 23, 2009 Nuts and Bolts of Retail Leases program to be presented by the Retail Leasing Committee in the Real Property, Trust and Estate Law Section of the American Bar Association. The focus of the program will be “Insurance and Indemnity,” an often highly confusing topic for real estate attorneys and other professionals.

“Nuts and Bolts of Retail Leases” is a bi-monthly conference call series designed to provide newly practicing lawyers, as well as those new to the retail leasing field, with a basic understanding of the provisions and concepts that are unique to retail leases.