May 28, 2009
One of the driving forces of Western capitalism is the concept of the unbounded frontier, this mythic belief that the future will always be better than the present. It’s an important driver in our society, but it has consequences. Read more
May 27, 2009
At 1095 Avenue of the Americas, Dechert, a law firm with a lease for the 25th through 31st floors, is seeking to sublet two floors, each 37,000 square feet.
Brokers say that many sublandlords will probably need to bend over backward to sublease their space, given the sharp rise in vacancies.
In Midtown Manhattan, for example, 13 percent of prime, modern, well-located offices — which brokers often refer to as Class A space — was available in April, up from 6.5 percent a year earlier, according to Colliers ABR, a commercial real estate services company. Read more
May 24, 2009
There is a lot of alternative energy hype these days, but you have to be careful with solar installation sales people. Often, they make claims that you will have the unit, installation and equipment all paid off within 5-10-years with all the money you save on energy, the ROI or return on your investment. If the company’s salesman takes an overly optimistic approach to such promises to get you to buy, you may find yourself underwhelmed with the results and later determine that you didn’t save any money after all. Read more
April 28, 2009
Insider tips for the Negotiating of deal making in real estate.
Tip 1 - Keep alert, watch for signs from the other side that reveal their strengths and weaknesses. Read more
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