http://www.dslreports.com/forum/r20394763 en Mon, 30 Nov 2009 12:38:19 EDT Mon, 30 Nov 2009 12:38:19 EDT http://www.dslreports.com/forum/remark,20395957 gabeman : Some other companies in Philly have threatened to leave the city and been given huge tax incentives. I think there are also incentives for leasing in a new building.

Also, I had an interview at one of Comcast's current offices in Philly and it was actually quite nice :)]]> http://www.dslreports.com/forum/remark,20395957 Sun, 27 Apr 2008 17:12:43 EDT http://www.dslreports.com/forum/remark,20394763 openbox9 : Correct. The building is owned by a REIT and Comcast is only leasing space....and it's for 15 1/2 years.]]> http://www.dslreports.com/forum/remark,20394763 Sun, 27 Apr 2008 11:54:13 EDT http://www.dslreports.com/forum/remark,20394735 TMMerlin : The "financiers" own the building and Comcast probably didn't have to pay any money down ! They become renters !
Then write off the rent as ops cost on taxes .. get a 100 year lease with rent appreciation clauses to suit them.

Now the real prize would be, if the rental cost per sq ft is less than the average price in philli ! or better yet, less than the aggregate cost of there current digs, to boot.
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Some people hear their own inner voices with great clearness and they live by what they hear. Such people become crazy but they become legend.]]> http://www.dslreports.com/forum/remark,20394735 Sun, 27 Apr 2008 11:45:09 EDT