4 or 5 years ago, I began an effort to re-brand our company. To make a long story short, I came up with the phrase “seeing with new eyes”. It was my opinion that the commercial real estate market was changing dramatically, and unless we looked at things in a “different way” we would continue
I was recently interviewed by Forbes regarding the impact the new Financial Accounting Standards Board (FASB) guidelines is set to have on company balance sheets. Referring to the new FASB guidelines as “the biggest change to hit business owners in decades,” author Brian Rashid examines the financial impact they will have on any business owner
While CFOs may understand the basics surrounding the new Financial Accounting Standards Board (FASB) standards, they may not be aware of the many ways FASB could actually disrupt their business. Under the new rules, any lease over 12 months must now be recorded on the balance sheet as both an asset and liability by the
CFOs are bracing for corporate real estate turmoil beyond their balance sheets when the new Financial Accounting Standards Board (FASB) lease standards are implemented in 2019 and 2020. The new rules will require CFOs to document all leases on their balance sheets as liabilities rather than expenses. This will put CFOs at greater risk with
While CFOs may understand the basics surrounding the new Financial Accounting Standards Board (FASB) standards, they may not be aware of the many ways FASB could actually disrupt their business. Under the new rules, any lease over 12 months must now be recorded on the balance sheet as both an asset and liability by the
I just read an interesting article in the NY times about why corporate America is leaving the suburbs for the city. This article comes on the heels of a blog Howard Tullman wrote about the Merchandise Mart being what I would call “the building of the future” or as I’ve named it a GROUNDSCRAPER. Furthermore, recently I
Often times it takes reading some interesting articles for me to focus on a real issue. I recently read an article about the swelling number of commercial real estate brokers coming into the industry. It is my opinion that the heart of this increase is a combination of two things. First, the common "get rich
There seems to be a huge disconnect between the slow moving industry that is Commercial Real Estate and the extremely fast paced world of Tech. I have been seeing a lot of Tech clients lately who come to me with a need for office space. Usually, they want to move within 1-2 months, but unfortunately,
Never thought you guys would hear from me this soon again. Needless to say, it wasn’t my intention, but a situation occurred after writing my most recent blog post about American Pharaoh that I couldn’t pass up. Your law firm goes through a conflict resolution process before they are able to take your case; your
Several months ago, after American Pharaoh won the Triple Crown, I started to write this blog. What prompted me to do so was the thought that I had witnessed one of the great feats in all of sports, while, at the same time, being removed from working on a deal by someone who didn’t even
