Considering I'm just about to close the doors and turn off the lights on my own business, I do understand the need to pay bills, you see, instead of going the research route way back when, I chose to get into sales and marketing...
To exist in business you also need something to sell, preferably more than one thing and if you can have more than that, that's even better.
As I stated, looking long-term would it have been possible to cut the space in New Brunswick so they could have still had lab space and the same annual cost as moving to Edison? Mr. Swift's figures of $250,000 per year in New Brunswick (25,000 sq ft at $15,700/month plus CAM, taxes, etc.) compared to nearly $80,000 (then add at least 15% for CAM, taxes, etc. and that figure pushes $100,000/yr) in Edison (for less than 2,559 sq ft. at $31.00/sq ft). The Edison figures might include utilities, I'm sure NB does not, but I'm not positive. With that would it be been better to cut back on space (landlord willing, of course), still have lab operations close by so the management could actually see what was going on and keep an eye on things and have the other space possibly available when the company's financial situation improved (assuming it hadn't been leased)?
Anyway, just my opinion...
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