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Exact(11)
In July, Sherwood leased the site to a garage operator.
And the city issued $170 million in tax-exempt bonds on behalf of the private garage operator.
To get around that, Mr. Livingston said, some co-ops rent the spaces used by shareholders from the garage operator and then "sublease" them back to the shareholders.
In buildings where the income from nonshareholder sources is approaching 20percentthethe rent paid by the garage operator to the co-op could tip the scales and create a tax problem for shareholders.
The public parking, though perhaps a convenience to those who drive to the stadium, was to be run by a parking garage operator, not the city, before it was turned over to the Yankees for team use.
In turn, he said, that helped the company to secure lease commitments from tenants for a significant amount of the retail space as well as from the theater and garage operator.
Similar(49)
Specifically, we investigate the case of parking garage operators using the electric vehicles located at their facilities to provide reserve energy for frequency regulation.
Gauging the availability of spaces in a parking garage at any one time was an inexact science, so the airport, like most garage operators, closed the garage when it was about 85percentt full.
C10 PARKING GARAGES -- Parking garage operators in Manhattan say business is off sharply since Sept. 11, and they blame the ban on driving alone through three tunnels during the morning commute.
More efficient use of roadway space by a decline in private auto traffic speeds necessary truck deliveries, an economic boon more vital than the profits lost by parking garage operators.
Garage operators across the country say they are seeing more cars with burned-out engines, partly because reprogrammed chips sometimes supply too much fuel and allow turbo pressure to exceed recommended limits.
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