Advice to Tenants Facing Economic “Tsunami”

In many respects, we’ve been here before. Seriously, I’ve been representing tenants in the City for 26 years—all but a few of which have been great years for tenants. With the “tsunami” effect on the global economy (articulated last week by Alan Greenspan), office tenants should find some comfort knowing that we’re entering a period of 7-10 YEARS during which tenants will have the upper hand in negotiations with landlords.

So what should you do about it? Read our latest article, Advice to Tenants: How to Survive the Big Ugly, to learn how we create strategies and negotiate for our clients’ office leases.

Then let us help your organization thrive through your next lease term.

I look forward to your feedback about our advice.

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Bill Gross/PIMCO on Credit Crisis: Nothing to Fear but McFear Itself

Bill Gross, Managing Director and one of the founders of PIMCO (the world’s largest bond fund), sits at the epicenter of the world of credit. His October Editorial, which is available on our website as a PDF, offers an explanation of the credit crisis along with his recommendations—spot on and easy to understand for those who don’t work on Wall Street.

Bill Gross is under consideration to assist the U.S. Government in managing the $700 billion Troubled Asset Relief Fund (TARP) fund.

Hopefully you’ll find some clarity and comfort in Mr. Gross’ commentary.