The sale was contingent on Mr. Hollander's being allowed to increase his Medicaid rates, which would have covered his leasing expenses and given Touro an annual income of about $100,000.
But there were still guards, and leasing expenses, and I was frisked when I got off the elevator.
With their big fixed costs in salaries and lease expenses, retailers are the classic example of operating leverage.
Over the past decade, the 1199 Housing Corporation had to invest $4 million to upgrade it enough to try to lease it, expenses that included asbestos removal.
Across the sector, management faced rising lease operating expenses (LOE), general and administrative costs (G&A), interest, as well as higher costs associated with depreciation, depletion and amortization (DD&A).
It was enough to cover their biggest expense — leasing a few computer servers at $120 a month each.
He figured he would save $1,000 a month without a car, in leasing and driving expenses.
But prebuilt spaces can be spruced up with paint and new carpeting and re-leased at minimum expense, brokers say.
The aggregate purchase price of the properties is approximately $1.4 billion, adjusted for closing costs and prorations of taxes, operating expenses, leasing costs and other items.
With an operating lease (the most common type of lease when it comes to commercial enterprises), you treat the lease payments as an expense on the income statement, with the lease obligation footnoted on the balance sheet.
