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When times are good, renting yields a 13% profit margin before interest and taxes.
When times are good, renting is good for a 13% profit margin before interest and taxes.
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I just got religious about having good rent".
"It was a good rent to begin with," he said.
"I decided because I'm not a good renter," Ms. Shaw said.
"We thought for the summer, for three months, we'd get good rent," Ms. Linley said.
"They've flooded into Corby, attracted by the cheap property and good rents.
"There's definitely an uptick of people who were basically very good rent payers until the economic downturn," Mr. Nahins said.
The Durst Organization, which is led by Douglas Durst, and the authority will get financial returns tied to their respective investments in the project and how quickly the building fills up with good, rent-paying tenants.
The contract not only signals a rebounding real estate market, at least for office buildings full of high-profile tenants paying good rents, but also reflects a vote of confidence by an expanding technology firm in New York City.
"There's less crime, which is good; rents are insane, which is very very very bad," he said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com