Category Archives: Electricity

Building ServicesDamageElectricity

How Tenants Can Prepare for the Unthinkable

Hurricane Sandy devastates the northeast.  As recently reported on Bloomberg (http://www.bloomberg.com/news/2012-11-09/lower-manhattan-quiet-as-sandy-shuts-one-third-of-offices.html) 33% of the 101 million square feet of lower Manhattan’s office space was inoperable as of November 7th, several days after Sandy’s landfall.  Likewise, immediately after 9-11, areas of … Continue reading

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ElectricityLease AuditPass-throughs

Florida Tenants – Beware of Double Tax on Tenant Electric Charges

As you’ll soon be receiving Operating Expense reconciliation statements, we wanted to bring to your attention a frequently overlooked sales tax charge on electric.  Florida, as you may recall, imposes a sales tax on rent.  Most leases provide that the … Continue reading

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