Gordon Interviewed by LIBN
May 15, 2017 |Stuart Gordon was featured in the May 12, 2017, Long Island Business News article, “New Life on Lease,” which explains how retailers going through a bankruptcy can derive value from below-market leases.
“Retailers can utilize the provisions of the bankruptcy code to maximize value for the benefit of their creditors, from among other assets, leases,” Stu said. In addition, retailers that are looking for a particular location may choose to “make a deal with the debtor directly to have some assurance that it can get that lease, as opposed to going back to the landlord, who might have other tenants interested.”
