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espaeth
Digital Plumber
Premium,MVM
join:2001-04-21
Minneapolis, MN | Their name is only on the building because... they are the primary tenant.
As the article states:
Comcast leases about 90 percent of the building. | |
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Monster Rain
Premium
join:2002-08-03
USA
| Re: Their name is only on the building because... said by espaeth  :they are the primary tenant. As the article states: Comcast leases about 90 percent of the building. Oh, those annyoying littele details called facts don't usually stop the people here. lol | |
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KrK
Heavy Artillery For The Little Guy
Premium
join:2000-01-17
Tulsa, OK
 ·AT&T Yahoo
·AT&T DSL Service
 ·Cox HSI
·AT&T Southwest
| said by espaeth :they are the primary tenant. For tax write off purposes only.
My company does the same thing. Builds and develops a facility, then immediately sells it to their real estate holding company, and then they lease it back so they can write off all the costs against taxes.
Sneaky, but smart.
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"Regulatory capitalism is when companies invest in lawyers, lobbyists, and politicians, instead of plant, people, and customer service." - former FCC Chairman William Kennard (A real FCC Chairman, unlike the current Corporate Spokesperson in the job!) | |
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MrMoody
Carbon Based Lifeform
join:2002-09-03
Smithfield, NC
·Embarq
 ·Skype
·magicjack.com
| Re: Their name is only on the building because... said by KrK :said by espaeth :they are the primary tenant. For tax write off purposes only. Yeah, they keep saying that as if it means Comcast isn't paying for it.
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The public is a poor business manager. | |
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