InvestorsHub Logo
Followers 56
Posts 9858
Boards Moderated 3
Alias Born 12/12/2008

Re: locksflooring post# 125261

Monday, 06/29/2009 4:57:18 PM

Monday, June 29, 2009 4:57:18 PM

Post# of 346920
well an office not to far from there that they were in which was 1500 sq ft was like 3-4 grand a month.. I find it hard to believe they'd jump up the monthly rent that much...

I know things are expensive in NYC but... that's a little too expensive.. per month this is like 21 grand ish.. sounds about right.. and note that was the asking price... my guess is that spng is paying less than the asking price..

Think about when you go to buy a house... Do you ever offer the full amount? no you try to get it for cheaper.. My guess thus is their rent is more like 18-20 a month...

but still this is 2 million plus investment... might change some ideas about if they are here to stay or not... maybe not... it did mine when it came out back in may..

Everything I say is in my own opinion do not buy sell or hold based off what I have to say.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.