29.13 4. Recomputation Of Time Periods

• Jurisdiction: New York

4. Recomputation of Time Periods

Many times during the life of a sublease, the sublandlord is simply a courier who conveys messages between the landlord and the subtenant. The sublandlord needs more time than the direct lease provides when the sublandlord must communicate with the landlord and get the landlord to act under the direct lease. Correspondingly, time periods need to be shorter when the sublandlord must convey a message to the subtenant and get the subtenant to take action. Otherwise, the...