Assume an actively managed fund has operating expenses
Co-op operating expenses
up, assessments decline considerably.
Landlords have sought to include in operating expenses
capital costs incurred because of legal requirements imposed during the term of the lease, as well as costs which have the beneficial effect of reducing the operating expenses
of the building.
rose for the twelfth consecutive year in Downtown, increasing by 3.
A) A Stop is the escalation method in which a fixed dollar amount for operating expenses
is established as a landlord's obligation, with all expenses incurred above that point being the tenant's responsibility.
Though median total operating expenses
rose for all building types in 1996, in most cases the increases were small and did not outpace growth in rents.
Lease pass-through analysis, which is the review and analysis of operating expenses
and real estate taxes that landlords prepare and bill to tenants, has become an increasingly important method for reducing and controlling occupancy costs, according to Coopers & Lybrand, the most active of the Big Six accounting firms in this area.
This is the second year that Studley has conducted a survey of this caliber, which, in addition to comparing rentals on the basis of four key components: net rental, operating expenses
, taxes and tenant electric, also includes loss factors and the value of concessions for each market.