What should be included in a commercial lease agreement for a business in New York?

As a lawyer, I can provide legal advice for what should be included in a commercial lease agreement for a business in New York. Here are some elements that should be included:

1. Identification of the parties: The lease agreement should identify both the landlord and the tenant by their legal names and addresses.
2. Description of the premises: The lease agreement should provide a detailed description of the property, including square footage, address, and any improvements or amenities to be provided by the landlord.
3. Term of the lease: The lease agreement should specify the start date and end date of the lease term. It should also outline any renewal options and termination clauses.
4. Rent and deposit: The lease agreement should clearly specify the rent amount, payment frequency, and due dates. It should also outline any penalties for late payments, as well as any security deposit requirements and conditions for return.
5. Responsibility for maintenance and repairs: The lease agreement should clearly delineate who is responsible for maintaining and repairing the property, including routine maintenance and repairs and major repairs or damage caused by natural disasters or other events.
6. Use of the property: The lease agreement should specify the permitted uses of the property, as well as any restrictions or prohibitions on the use of the property.
7. Alterations and improvements: The lease agreement should outline any restrictions or requirements for making alterations or improvements to the property, including any required approvals or permits.
8. Insurance and liability: The lease agreement should specify any insurance requirements, as well as any liability waivers or disclaimers.
9. Default and remedies: The lease agreement should outline the consequences of default by either party, including any remedies available to the non-defaulting party.
10. Governing law: The lease agreement should specify the governing law that applies to the agreement.

It is important to note that this list is not exhaustive, and there may be additional elements that should be included based on the specific circumstances of the lease agreement. It is always recommended to consult with a licensed attorney to ensure that your lease agreement is complete, accurate, and fully compliant with applicable laws and regulations.