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Commercial real estate remained weak, although some Districts reported an increase in leasing.
Overall, the White Plains business district saw a 53percentt increase in leasing activity in the first quarter compared with 1999.
This year saw a decrease in availability rates to 10.7percentt from 11percentt in June 2001, and a 14percentt increase in leasing activity, to 1.08 million square feet from 946,000 square feet last year.
Moreover, Virgin is facing a 53percentt increase in leasing costs, to £287 million, by April 2005, to pay for new high-speed trains, according to Mike Stoddart, an analyst at ING Barings in London.
However, a recent increase in leasing will soon bring that number down to about 12%, said Andrew Thomas, head of the Westwood Business Improvement Assn.
Similar(55)
While there was an overall increase in leased space in 2016, increased emissions associated with leased space are primarily the result of better data tracking and collection practices.
While other companies curtailed their expansion plans or even closed stores, Williams-Sonoma expects to show a 16% annual increase in leased square footage by the time it closes out fiscal 2001 at the end of January.
Under the proposal, the Port Authority would gain permanent rights to the operation of the airports, which are two of its largest sources of income and would otherwise be subject to a significant increase in lease payments in the coming years.
While taxi owners say that any fare increase should be accompanied by a corresponding rise in the maximum allowable lease rates -- the maximum rates now range from $103 to $112 per shift -- the drivers' group says that an increase in lease rates would leave drivers in much the same straits as before, with most of a fare increase being passed on to the taxi owners.
Smaller mobile operators, especially those in Eastern Europe that face potentially steep increases in leasing costs, are lobbying against the uniform pricing guidelines.
Increases in leasing rates don't signify the death of car ownership — yet.
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