Even though occupancy was decent and the night clubs and restaurants were busy, the tables and slots weren't taking in enough to offset the cost of operating the place — the burden of debt service, high property taxes, bad leases with the tenants, and an expensive arrangement for power and light.
"All things considered, the consumer risk of losing Martha as well as Disney and Sesame Street far outweighs the short-term financial benefits of rejecting bad leases and other contracts," said Burt Flickinger, a retail consultant with Reach Marketing.
The Sales Pitch "There are bad leases out there, and, as with any industry, there have also been some unscrupulous opportunists," said Mike Knapp, president of Knapp Acquisitions and Production, a company in western Pennsylvania that brokers deals between landowners and drilling companies.
The search will continue but Yankee Stadium is not a bad temporary home, leased for the next three years, and when you analyse the sheer scale of work is it realistic that so many people take the view it is all a cunning plan driven by financial fair play manoeuvring on behalf of the Manchester side of the operation?
"The reason I bought, despite a bad economy, instead of leasing again, was this place was accredited," Dr. Kassir said.
Keep in mind that if housing prices appreciate quickly, you may be getting a bad deal on a long lease, since you're obligated to sell at the agreed-upon price.
Tighter rules are a good idea; additional drilling leases are a bad idea.
When I started my business right out of college, I had a lot of fears: of not having enough sales, of signing a lease, of having made a bad career choice.
We all know someone who has been turned down for a loan or didn't get approved for a lease because they had a bad credit score.
It also seems that leasing a terminal is a bad idea — it is much less expensive to buy one.
