Protecting this planet’s natural resources for future generations is a moral obligation; unfortunately, moral obligations do not pay the bills. Coal is a nonrenewable resource that causes pollution. But it’s cheap. Renewable energy is often a more expensive alternative to using coal, oil,
Real Estate Advisor Law Blog
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The Best Real Estate Advice a Small Business Will Ever Receive
I may be over-selling this post a bit, but not by much. There’s no doubt for most small businesses and start-ups that the first, and perhaps only, real estate transaction the firm will enter into is a commercial lease. Whether it is…
Ohio Historic Tax Credit Program Renewed in Budget Bill
Ohio’s legislature recently approved, and Governor Kasich signed, a fiscal year 2012-2013 budget that includes a renewal of the Ohio Historic Preservation Tax Credit Program(the “Program”) for coming years in perpetuity. The new budget provides for annual credits to…
Green Leasing Unveiled – Part II
In Part I of our series on the particulars of Green Leasing, we discussed Lease Term and Operating Expenses. Now we turn to a robust area for implementing sustainable processes between Landlords and Tenants: Interior Alterations and Repairs A typical…
Gunfire Leaving Your Property? You Might be a Nuisance
Ohio’s Twelfth District Court of Appeals issued an interesting opinion earlier this year that wove together issues of statutory interpretation, expert testimony, property rights and nuisance. The end result? If you have bullets flying off your property, you might be strictly liable…
Modular Construction
Has modular construction finally come of age ? The Modular Building Institute thinks so. Modular construction is no longer just for preparation of walls and roof joists. Today, contractors are using prefabrication and preassembly in construction of steel framed structures,…
New Word: “De-Malling”
In the late 1960’s and 1970’s the retail industry clustered under a common roof in controlled 72 degree conditions. As consumer tastes changed and populations shifts, the “life-style” center became the next new thing. The problem being addressed today is…
Risk Appetite: One Perspective from Chicago
YoChicago.com recently interviewed Alan Lev, CEO of Belgravia Group. Alan discusses his company’s recent performance and strategies in this challenging market and his thoughts on the future of the Chicago residential real estate market and its ability to absorb…
Marcellus Shale: The Next Gas and Oil Boom ?
If you thought the earth beneath your feet was solid; think again. Land owners and energy industry prospectors are busy in Eastern Ohio, West Virginia, New York and Pennsylvania looking for pockets of natural gas embedded in the Marcellus Shale…
Value of Walkability
According to walkscore.com a walkable neighborhood has: 1) A center: Walkable neighborhoods have a center, whether it’s a main street or a public space. 2) People: Enough people for businesses to flourish and for public transit to run frequently 3) Mixed…