Webinars for Wise Nonprofits: Program Preservation: Ways to Reduce Costs in Challenging Times - Subleasing and Desk Rentals for Nonprofits

As part of the “new normal” many organizations have a hybrid workforce. You may be paying high rent for underutilized space. If your organization is experiencing financial strain and seeking a way to cut expenses, reducing your lease expense may be an option. However, the barriers presented by unequal bargaining power make negotiating with the landlord a challenging proposition for many nonprofits.  Before speaking to your landlord, you should assess your situation. Does subleasing space make sense for your organization? Is renting out desk space a viable option considering the nature of your activities? In this webinar, you will get tips on how to assess your situation from a business and legal perspective. We will cover the factors you should take into consideration when making this critical decision and how Lawyers Alliance volunteers can help.

Learning Objectives: Participants will learn what they need to take into consideration when faced with underutilized office or program space in New York’s real estate market. You’ll learn what to consider before subleasing or licensing your space. 

For executive directors, CFOs, managers, and other senior staff of nonprofits.

Presenters: Hedwig O’Hara, Legal Director and Lori Moses, Senior Staff Attorney