The Association of United States Postal Lessors (AUSPL) will hold a single day educational meeting on Friday, August 25, 2017. The meeting will be at Caesar’s Atlantic City, 2100 Pacific Avenue, Atlantic City, NJ 08401, and will run from 9:00 a.m. to 5:00 p.m. Lunch will be included.
The August 25th meeting in Atlantic City is vitally important to postal lessors. You may or may not know that the USPS has been working on revisions of standard lease forms since the late Spring of 2015. The USPS has completed work on that lease revision project and expects to begin using new lease forms starting on August 1, 2017.
The new lease forms will significantly alter the relationship between the USPS and postal lessors. At the invitation of the USPS, AUSPL was involved in the lease revision project form its inception, and worked diligently on behalf of postal lessors to avoid inclusion of some terms that would have proven extremely detrimental. However, despite that work, the new lease will require more of postal lessors.
Lessors who attend the Atlantic City event will receive “hands-on” instruction ‘ in the operation of the new USPS lease forms, the ways in which the new forms could harm postal lessors, and methods lessors can use to avoid the most serious impacts of the new lease forms.
For non-members, this is a perfect time to join AUSPL and receive the benefit of the unique resources and instruction AUSPL makes available to assist postal lessors. AUSPL was founded by and continues to be governed by professionals who have unparalleled experience in the development, construction and leasing of commercial properties, including postal facilities. That gives AUSPL’s management the insight and ability to be .an effective advocate with the USPS regarding issues of concern to postal lessors.
Please join us in Atlantic City on August 25th. For an attendance fee of $95 per person for members and $195 per person for non-members (which includes the $100 cost of the first year’s membership), attendees will receive information and materials that are unavailable anywhere else, and which will make a great difference in lease negotiations and other dealings with the USPS. For those who would like to stay overnight, AUSPL has blocked rooms at the hotel for $99 per night (excluding applicable fees and taxes).