Their name is only on the building because... in http://www.dslreports.com/forum/r20394744 en Tue, 08 Dec 2009 21:14:49 EDT Tue, 08 Dec 2009 21:14:49 EDT Re: Their name is only on the building because... http://www.dslreports.com/forum/remark,20398117 KrK : Maybe they don't.... Did they "commission" the building? IE is it built specifically for them?

Without investigating further, I really don't know.... Sometimes investors build a building and then look for clients.... However in this case.... 90% of the building? Usually that means Comcast commissioned or had the building built for them, they just won't own it (they'll have a real estate holding company own it)
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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!)]]> http://www.dslreports.com/forum/remark,20398117 Mon, 28 Apr 2008 03:30:50 EDT Re: Their name is only on the building because... http://www.dslreports.com/forum/remark,20398024 MrMoody :
said by KrK See Profile :

said by espaeth See Profile :

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.]]> http://www.dslreports.com/forum/remark,20398024 Mon, 28 Apr 2008 02:45:02 EDT Re: Their name is only on the building because... http://www.dslreports.com/forum/remark,20397155 KrK :
said by espaeth See Profile :

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!)]]> http://www.dslreports.com/forum/remark,20397155 Sun, 27 Apr 2008 21:43:46 EDT Re: Their name is only on the building because... http://www.dslreports.com/forum/remark,20394841 Monster Rain :
said by espaeth See Profile :

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]]> http://www.dslreports.com/forum/remark,20394841 Sun, 27 Apr 2008 12:17:09 EDT Their name is only on the building because... http://www.dslreports.com/forum/remark,20394744 espaeth : they are the primary tenant.

As the article states:
Comcast leases about 90 percent of the building.
]]> http://www.dslreports.com/forum/remark,20394744 Sun, 27 Apr 2008 11:47:27 EDT