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And, if the tenants in the new buildings qualify for New Jersey's Urban Transit Hub Tax Credit program, which was created to encourage development in nine cities near subway and train lines, the rents could effectively be around $20 a square foot or less, brokers said.
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These are less common, brokers say, but turn up in complexes with two-level town houses in Douglaston and Bayside.
Their owners decide they cannot hold out for better times, so they sell for less, business brokers say.
The bank had just 600 branches five years ago, but through mergers and acquisitions and the opening of new branches it has grown to more than 5,000, so Chase can rely less on brokers to distribute its loans.
Retail Retailers Try Areas Previously Shunned Retailers are balking at paying higher rents in fashionable areas of Manhattan and instead are looking for stores in areas once considered less desirable, brokers specializing in store leasing said.
Says Hintz, "The payout on banking products is less to brokers, and they're being asked to share client relationships with the BofA.
Your article implies that by clearing for smaller, less capitalized broker-dealers, Bear , Stearnsis doing something wrong.
With DRIP's, investors can buy stock in small amounts, even in fractions, directly from the company or a transfer agent and usually for less than what brokers charge.
It is less costly, so brokers are less vulnerable to market swings.
Inexperienced players can find smaller brokers less intimidating.
But brokers less than an hour north of Midtown say their territory is special.
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