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New York City- Increased lease modifications have led somelandlords down a rabbit hole as they coordinate with tenants aboutdelinquent rent payments and or make changes to lease obligationsover the next 30 to 60 days. With ever changing needs to leaseagreements as the pandemic unfolds, real estate stakeholders arecalling for technology that allows for quick access to documentsfor modification, Marc Betesh, a former commercial lease lawyer andCEO of Visual Lease, a provider of lease accounting software, tellsGlobeSt.com.
"The problem people are having is when they go through files,important pieces of information are missing," Betesh said.
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Mariah Brown
Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.
