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Forums » Comcast Soars to Top in $750 Million Skyscraper » Their name is only on the building because...
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MrMoody
Carbon Based Lifeform

join:2002-09-03
Smithfield, NC
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reply to KrK
Re: Their name is only on the building because...

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.
--
The public is a poor business manager.


KrK
Heavy Artillery For The Little Guy
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join:2000-01-17
Tulsa, OK
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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)
--
"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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