Q: In New York State can two business enter a parking sharing agreement if one of the businesses owns the lot?
Let’s say Business A owns the lot and let’s customers use the lot between 9 am - 5 pm. Business B wants to use the lot between 5 pm and 10 pm for its customers. How could they go about striking an agreement to do this in NYC?
A:
One option is to sit down with an attorney to discuss applicable issues - duration, terms of agreement, security measures, snow removal, insurance, maintenance, etc. Good luck
Tim Akpinar
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