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ESCALATION 2017, ARE YOU READY?

The New Year is here and if you are an office tenant your escalation invoice is probably on the way. According to the lease, most office tenants are responsible to pay their proportionate share of increases in Real Estate Taxes and Operating Expenses above the Base Year (usually the first calendar year of the lease term). This seems all well… Read More

FAILURE TO PLAN IS PLANNING TO FAIL!

The reputation of business and financial advisors of all sorts has been taking quite a hit lately and the financial services industry in particular is feeling the heat. When the Dow Jones Industrial Average is at its all time high and investors are seeing the markets whipsawing up and down daily, they start to question the whole system. At times… Read More

RETURN OF THE LANDLORD MARKET

In the face of economic weakness, many tenants in New Jersey are mystified by the rigidity and sudden swing of the office and industrial markets. When it comes time to renegotiate the lease, tenants are quite surprised to learn that rents in many markets across New Jersey are going up, and at a dramatic pace that we have not seen… Read More

RETURNING TO WHY!

  Anyone with kids knows Fall is the real New Year. But I think that New Year signifies a special time in the life of a business owner. The other New Year focuses on tax planning. The Jewish theme of this New Year is “Teshuva” which means “to return”. This New Year is about you! Every year we business owners get to… Read More

PATERNALISM IN BUSINESS

“The problem with being in business for more than 40 years is that I know everything!” Indeed, this is a quote from a very foolish man.  A paternalistic man.  So what is paternalism in business? Paternalism in business is knowing what is right for the customer, without actually listening to the customer. Listening is the key operative word here. We… Read More