In a typical lease negotiation, the parties, the attorneys and the brokers focus only on the key financial aspects within the lease document. However, there are subtle and seemingly innocuous clauses that can cost the tenant a pretty penny long after the lease has been signed. Here’s a quick list of 5 Dangerous Lease Clauses:..
The new World Trade Center is under construction– Well, the WTC site is finally seeing some steady action. Construction is underway on two of the four buildings, with Tower 1 leading (68 stories tall) and Tower 4 not far behind (32 stories). The building of Towers 2 and 3 will depend solely on the market..
In a recent interview with Matthew Fanoe, VP of real estate for Coca-Cola, he comments on the changing work environment and its positive effect on human relations. He remarks that the interaction today between peers and service providers is a major change from 20 years ago. There is more of a partnership between service providers..
Jim Blasingame, one of the world’s foremost experts on small business and entrepreneurship, dishes about the “Not-So-Great Recovery” and decline in entrepreneurial optimism. His advice? Small business CEOs need to learn to balance the force of entrepreneurial optimism with the gravity of economic reality. Adopt this mantra: “If it is to be, it is up..
1. Additive Printing Additive or 3D printing, a process used to make product prototypes, may actually be able to replace the manufacturing process in the near future. This trend could result in lost manufacturing jobs, offset by new types of jobs in software programming and designing. What does it mean for CRE? There will no longer..