2 ms·
What you just described sounds like a lease, to me. I'm sure that's fairly common. The problem you run into here is: who gets the lease money? Why should the D
by jeffdavis 13y ago
What you just described sounds like a lease, to me. I'm sure that's fairly common.
The problem you run into here is: who gets the lease money? Why should the DOT get extra money just because they bought a building that is too big?
The root of the problem is that budgets are based on perceived need with no downward pressure. The DOT has every incentive to make the perceived need higher, and leasing out half of their office space is not a good way to do that.
- bhousel 13y agoTo be honest, I don't know much about how this works in NYC government. I think DCAS is the agency that manages all of the city properties. So individual agencies might not have much control over their own space. DCAS might need to be the ones to establish the incentives.