The lease is for an eightyear period expiring December 31, 20X8. Tenants now have more rights when it comes to renewing their leases in New York.Owners cannot refuse to renew a lease without a good cause. The company that runs the Fulton Center mall told the MTA last month it wants out of its lease because of crime and homelessness issues. Leases is an extensive subject that covers a variety of topics, including vacancy leases, renewal leases, security deposits, roommates, subletting, and more. The New York Metropolitan Transportation Authority is seeking proposals for a longterm master lease of the Fulton Center. NYCHA residents, applicants, and Section 8 voucher holders can conveniently view their information and complete certain transactions online, anytime. If the lease or contract agreement is open ended it should be re-bid at least every three years. Or will my customers seek out and visit my business? The right to safe and decent housing cannot be given up in the lease.