Congratulations Howard,

Well done.
Posted by MGD | Wednesday, July 28 2010 at 11:26AM ET
I doubt we will see significant "office condo" conversions during the next few years. Until the economy returns to "normal" most tenants, even those with the ability to purchase, will continue to enter short-term leases (3 to 5 years) in order to have the flexability to espand, down-size, relocate or close depending on the uncertain future. The backbone of business is the small business owner. Most small business owners are not adding staff, because they are in fear of massive taxes that are heading their way in 2011 and beyond. They will also not take any risks with property ownership or long-term leases.
Posted by acoustic islander | Wednesday, July 28 2010 at 11:48AM ET