Originally Posted by
cadetdrivr
Honestly, I don't think really effects UAL unless the brain trust does something really stupid and buys the building or something.
This will be one large real estate investment partnership selling to different one. All the corporate tenants presumably have long term leases that do not change simply because of a change in ownership.
In fact, since the leases are long-term and stable they make the building marketable for sale in the first place.
Hope you're right..
We live in a world of Lawyers looking for loopholes.
My fear would be-
A) united decides to buy it!
They can barely run an airline.. can you imagine them running a SkyScraper? LOL
2) Someone comes in, buys it and then finds the loopholes that causes united to have to pay more for certain items~
Yes, I would HOPE that the long term lease is solid but all I have to do is look at Manhattan and see businesses that no longer exist in their original locations because the new "owners" of the property wanted more rent, or started charging more for certain functions.
Will be interesting to see what happens.
Always
Motch