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Originally Posted by Don098
Great assessment Yankeesfan1000...thanks!  One last question...do real estate negotiations like this have "seasons" or heightened times of activity on the calendar, or do they just happen pretty much at random? |
A lot has to do with a particular company's timeframe, meaning when they have to make a decision. There was an articel in the Wall Street Journal today that spoke of Time Warner's process,
for instance...
http://online.wsj.com/article/SB1000...455802118.html
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Time Warner, which is searching for 4 million square feet of space, plans at last to send out its requests for proposals. The media conglomerate, which owns its offices in Columbus Circle and leases space at 1100 and 1271 Sixth Ave., is looking at a wide range of options for when the leases come due, according to multiple people familiar with the matter. The company is weighing some 20 sites, the people said, including Hudson Yards, the World Trade Center, and other...
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Yet, at the same time, we can never underestimate how much location plays a part in decision making, particularly when the choice is Downtown or Midtown.
April 15, 2012
