Oh, No. Is This The Future For Our Communities?- By NEIL SISKIND

As consumers do more of their shopping online, including for large items such as furniture, warehouse space is tight. New warehouse space is getting occupied as soon as its completed. The industrial availability rate has fallen for a record 2 consecutive quarters. We’re seeing a blur in the lines between retail and warehouse space as companies sell and warehouse and deliver orders from one location, making large industrial space necessary for businesses that, previously, only needed a storefront, which was kept filled with product to sell locally. Now, every retailer sells worldwide and has to be ready to do so. Of course, the largest retailers are always ready to do so and need more and more space for that purpose, including to warehouse items on the proverbial “last mile”.

Retail-space vacancies across Americas have been surging for years. Many storefronts across America, in rural, suburban, and even urban markets sit empty- and ugly. They are blights on our communities.

Owners of retail properties have been trying new strategies and ideas to make retail more appealing to shoppers.

With the surge in the need for warehouse and fulfillment space close to consumers and highly populated areas, will retail landlords seek to capitalize on this need for warehouse space and fulfillment centers by turning storefronts and strip centers into warehouses? Will all or much of the excess retail space become industrial space? Will our strip malls be turned into warehouses and shipping centers, and pickup and drop off facilities?

All this empty retail space has to be used. It will have to be re-purposed in some way- either as condos or as warehouses- as office and retail space needs dwindle- and as affordable housing and warehousing needs grow.

Will we all soon be living within a couple of miles, or within a couple of blocks from industrial parks?

 

 

Neil S. Siskind, Esq., President
The Siskind Law Firm
Tel: 646.530.0006

Neil Siskind is the Founder & Chairman of The Fatherhood Assignment
Neil-Siskind-photo
Learn more at:  http://www.neil-siskind-the-fatherhood-assignment.org/

Neil Siskind is the Conservator of the Neil S. Siskind Nature Preserve
Neil-Siskind-Picture

The Neil S. Siskind Nature Preserve is over 7 acres of environmentally-pristine waterfront land in a magnificent setting along New York’s majestic Hudson River. The Preserve includes a variety of species of animal and plant life, and is a precious example of the thoughtful maintenance of New York’s priceless open spaces. The land’s uses are limited to outdoor recreation such as hiking and climbing, and the study of ecology, nature and land use. The Neil S. Siskind Nature Preserve allows for the intelligent contemplation of our valuable natural resources and the most effective ways to maximize them and keep them protected.

Neil Siskind, Founder, “National Fatherhood Day” – March 29th

Neil-Siskind-pics
To encourage recognition of the needs of boys and girls who are living without fathers or father-figures in their lives.

Read about the non-profits and charities whose missions Neil Siskind supports and promotes: www.neilsiskindsupports.com
Caring is Free®

You can read what clients and associates say about Neil Siskind at: http://siskindlawfirm.com/neil-siskind-bio/.

Neil Siskind’s Volunteer Work:

– Memorial Sloan Kettering Cancer Center, Volunteer

– Memorial Sloan Kettering Cancer Center, My Fundraiser- Help Neil Siskindhelp children with cancer to be more comfortable: http://mskcc.convio.net/site/TR?px=3182108&fr_id=2632&pg=personal

– Make-A Wish Foundation- Help Neil Siskind make sick children’s wishes come true by creating your own fundraiser: Neil-Siskind/Help-Make-A-Child-Smile.htm

– DonorsChoose.org- Donate to one of my needy public classrooms: http://www.donorschoose.org/NeilSiskindGiving

– Champion Children– We seek to inspire people through stories of children who have overcome challenges: http://siskindlawfirm.com/neil-siskind-champion-children/


Neil Siskind’s Pro Bono
 Work:

– Saving Senior Citizens- Protecting New York’s senior citizens from fraud and financial abuse www.savingseniorcitizens.com

– Senior FreeStart Business– Pro Bono: We seek to help put senior citizens in the right direction so that they can face the challenges of the modern economy: http://siskindlawfirm.com/free-start-business/

– Veteran FreeStart Business– Pro Bono: We seek to help put Iraq and Afghanistan war veterans in the right direction so that they can face the challenges of the modern economy: http://siskindlawfirm.com/free-start-business/

– In development: The Neil S. Siskind School of Hope: A free school to teach inner-city youths the skills of entrepreneurship and importance of economic self-sufficiency.

Neil Siskind’s Government Work:

– Suffolk County District Attorney’s Office, Boston, MA, 1994, Intern
– Office of Senator Christopher J. Dodd, Newington, CT, 1992, Intern
– Hartford County Department of Probation, Hartford, CT, 1991, Intern

Neil Siskind’s Community Assistance:

Financed & operated a legal clinic providing low-cost legal services to struggling Long Islanders during the recession to help clients resolve debt, organize finances, and launch new businesses.

Neil Siskind’s Professional Curriculum Vitae: http://neilsiskind.com/

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Typical Wall Street Arrogance … Or Ignorance? – By NEIL SISKIND

As bond yields flatten and stocks stagnate or decline, Wall Street analysts talk about economic growth, global synchronized growth, and earnings strength. The only problem is- no investor on earth agrees- if you use the yield curve as a measure.

They blame our flattening yield curve on low yields in DM (Europe, Japan) and EM (Asia and others markets), making our bonds more attractive. Ok … so? Those low yields show economic risk and the expectations of low growth in those markets- people (or their respective governments) are now buying their bonds instead of their equities- risk off- providing low yields. Their respective central banks are afraid to normalize on any end of their respective curves, and, instead, maintain low rates and resist reversing any QE. That makes U.S. bonds more attractive as risk-off and defensive safe havens as the world slows. So why the double talk- as if the general public can’t understand (well … it can’t)? Our bonds are not rising just because of comparative yields, they are rising because of investor concerns that “cause” those comparatively low yields (meaning that those those governments won’t raise rates- also one of the reasons the Dollar is so strong).

Never listen to Wall Street analysts – they will make you go broke. Either they are lying so that people don’t leave the markets- or they just don’t understand finance and economics. It’s worse than listening to advice from Jim Cramer (well … not really).

 

Neil S. Siskind, Esq., President
The Siskind Law Firm
Tel: 646.530.0006

Neil Siskind is the Founder & Chairman of The Fatherhood Assignment
Neil-Siskind-photo
Learn more at:  http://www.neil-siskind-the-fatherhood-assignment.org/

Neil Siskind is the Conservator of the Neil S. Siskind Nature Preserve
Neil-Siskind-Picture

The Neil S. Siskind Nature Preserve is over 7 acres of environmentally-pristine waterfront land in a magnificent setting along New York’s majestic Hudson River. The Preserve includes a variety of species of animal and plant life, and is a precious example of the thoughtful maintenance of New York’s priceless open spaces. The land’s uses are limited to outdoor recreation such as hiking and climbing, and the study of ecology, nature and land use. The Neil S. Siskind Nature Preserve allows for the intelligent contemplation of our valuable natural resources and the most effective ways to maximize them and keep them protected.

Neil Siskind, Founder, “National Fatherhood Day” – March 29th

Neil-Siskind-pics
To encourage recognition of the needs of boys and girls who are living without fathers or father-figures in their lives.

Read about the non-profits and charities whose missions Neil Siskind supports and promotes: www.neilsiskindsupports.com
Caring is Free®

You can read what clients and associates say about Neil Siskind at: http://siskindlawfirm.com/neil-siskind-bio/.

Neil Siskind’s Volunteer Work:

– Memorial Sloan Kettering Cancer Center, Volunteer

– Memorial Sloan Kettering Cancer Center, My Fundraiser- Help Neil Siskindhelp children with cancer to be more comfortable: http://mskcc.convio.net/site/TR?px=3182108&fr_id=2632&pg=personal

– Make-A Wish Foundation- Help Neil Siskind make sick children’s wishes come true by creating your own fundraiser: Neil-Siskind/Help-Make-A-Child-Smile.htm

– DonorsChoose.org- Donate to one of my needy public classrooms: http://www.donorschoose.org/NeilSiskindGiving

– Champion Children– We seek to inspire people through stories of children who have overcome challenges: http://siskindlawfirm.com/neil-siskind-champion-children/


Neil Siskind’s Pro Bono
 Work:

– Saving Senior Citizens- Protecting New York’s senior citizens from fraud and financial abuse www.savingseniorcitizens.com

– Senior FreeStart Business– Pro Bono: We seek to help put senior citizens in the right direction so that they can face the challenges of the modern economy: http://siskindlawfirm.com/free-start-business/

– Veteran FreeStart Business– Pro Bono: We seek to help put Iraq and Afghanistan war veterans in the right direction so that they can face the challenges of the modern economy: http://siskindlawfirm.com/free-start-business/

– In development: The Neil S. Siskind School of Hope: A free school to teach inner-city youths the skills of entrepreneurship and importance of economic self-sufficiency.

Neil Siskind’s Government Work:

– Suffolk County District Attorney’s Office, Boston, MA, 1994, Intern
– Office of Senator Christopher J. Dodd, Newington, CT, 1992, Intern
– Hartford County Department of Probation, Hartford, CT, 1991, Intern

Neil Siskind’s Community Assistance:

Financed & operated a legal clinic providing low-cost legal services to struggling Long Islanders during the recession to help clients resolve debt, organize finances, and launch new businesses.

Neil Siskind’s Professional Curriculum Vitae: http://neilsiskind.com/

Sponsored Advertisements

Inventors, IP Owners, Manufacturers
Learn How To Bring Products To Market And To Expand Your Distribution Channels
The Complete Guide To The Ways To Manufacture & Sell Your Products

Donald Trump And The Art Of The N. Korea Real Estate Deal- By NEIL SISKIND

President Trump has been concerned about China’s policies and economic activities and their affects on our economic interests for many years. Since being inaugurated as President, President Trump has had a target on China due to its growing economic, political, and technological powers, and its trade and currency activities, all to the detriment, or possible detriment, or potential detriment, of the United States. China is a major competitor to the United States, and, for the Trump administration, a major long-term threat to the United States’ position as the world’s foremost superpower.

The interaction and negotiations with North Korea is all about China. Just like Iraq in the Middle East, North Korea is a location where the United States wants a foothold (if not a stronghold) that provides us the proximity with which to monitor a threat to our security; in this case, China. Location, location, location. If Korea was in the Caribean, do you think the President

People are wondering why President Trump is being lenient, and amicable, with and towards North Korea. It’s because the Trump administration, in my own estimation, has decided that we need influence in and over North Korea, as leverage over China. President Trump’s showdown with Kim Jong-un has never been, primarily, about nuclear weapons. I think that for the President and his administration, this has always been about China, first and foremost, (just a few days after the Summit with North Korea in Singapore, with the confidence of what President Trump claimed was a success in developing a relationship and a soft agreement with North Korea, and, with the confidence of such, the President signed-off on billions of dollars in tariffs on China’s exports to the U.S.).  I don’t think that President Trump is up all night fretting about North Korea’s nuclear program. But, I do think that he is up all night worried about China’s growing power in the world and it challenge to U.S. dominance and security and stability.

The urgency and willingness with North Korea is all about proximity and location. Can you imagine the U.S. having a major threat to its economic and military ambitions right on our own border? We have Mexico on our border, and look how that drives the President up the wall (or, to build a wall, as it were). This is about valuable real estate.

If you’re not thinking that President Trump’s ambitions in North Korea are all about his ambitions in China … then you’re not thinking. The moment the Singapore Summit ended, Trump went right to work on China.

President Trump has been using U.S. strength and the demand for “denuclearization”, or else”, as leverage to get control over North Korea because of its strategic location from where the United States can better monitor China (and Russia), without an intervening unfriendly nuclear threat (such as having N. Korea as an intervening power between our friend, South Korea, and China). To the degree that it is about nuclear weapons, it is as much about keeping those weapons, and North Korea, out of China’s reach and control. North Korea offers the United States prime real estate due to its shared border and direct geographic link with China. Location, location, location. Likewise, Kim Jong-un’s use of nuclear weapons is a red herring to get something he wants from the United States- money.

Yes, folks … as shocking as it is- this is all about money and power.

President Trump has succeeded in getting a mad dictator into a dialogue with an enemy nation across the world (us)- as opposed to with its own neighbors. How could the U.S. have done this without the threat of war? It could not have. President Trump found the leverage to handle an impossible scenario and get an enemy to the bargaining table without really giving him anything that can’t be reversed.

For some reason, many in the press think that President Trump achieved and accomplished nothing in his meeting with Kim Jong-un. For the press, everything should happen in public so they can write a story, or else there is some sort of failure. The press wants a headline: “President Trump Signs Historic Deal In a Day” or “President Trump Fails In Singapore”. But, you can’t have a business deal or a political deal without a relationship on which such is predicated.

If I can play armchair psychologist for a moment, I think that President Trump is able to relate to Kim Jong-Un because he identifies with him. First, they are both rebels who operate outside of “the system”, outside of acceptable norms, and value great individual power through charisma and force of will. It is the same reason that Trump identifies with Vladimir Putin. He respects that modus operandi. But, with Jong-un, it goes even deeper. Trump identifies with a young man, who, like Trump, inherited a great empire from his father and grandfather, and commenced on a propaganda and marketing program to establish his own individual career and brand and identity, and to establish himself as a power separate from, and perhaps, greater than, his father. Further, Kim Jong-un, Like Trump, has engaged in building beautiful buildings throughout Pyongyang to establish and prove his strength and power; and, he’s gone into a lot of debt and financial turmoil doing that, and is now reaching-out for financial help … just like Trump did with his father when Trump Taj Majal was crumbling, and his debt burden was growing. Trump and Jong-un may have had similar, privileged childhoods, with constant demands and/or challenges to be their own men. They both lob bombs and take risky actions first, and ask questions later, which is typical of highly-privileged children with senses of entitlement. They use their inherited resources to control things. Trump and Jong-un would not be the first people to bond over the pressures of difficult and controlling and highly accomplished fathers. So, Trump’s implied message to Jong-un may be, “Trust me. I get it. I understand”.

But, maybe the news media doesn’t understand.

Perhaps the news media wanted the President to meet with Jong-un and lead the dialogue with a Godfather-like “offer he couldn’t refuse” so that the press could further its characterization of the President as a global antagonist and practicing isolationist.

President Trump negotiated and executed the meeting in Singapore with excellence. He can hardly explain his negotiation strategy or ultimate plan to the press, while, or before, executing upon it. He literally explained to the world during his Presidential campaign that he would not be warning his enemies that, and how, he was coming at them. So, what’s the surprise? President Trump has succeeded in his clear and vital objective of commencing a potentially productive dialogue with a mortal enemy that can provide us with a way to help keep China in check with U.S. access to North Korea’s strategically located real estate adjacent to China. Location, location, location.

Ultimately, we may likely have an Iran nuclear deal type of agreement, where we, the United States, pay North Korea a great deal of money for nuclear disarmament- and access to the closed-off nation. I, frankly, wouldn’t be shocked if North Korea gets to keep some of its nukes or nuclear development capabilities in exchange for a U.S. military base on the land or just off the coast of North Korea so that we can be in arms reach (proverbially and militarily) of China and Russia. Location, location, location. The more money we give to North Korea, the more access and control we will have over China’s next-door neighbor.

I’m confident that North Korea’s commercial potential as a location for real estate, hotel, and casino development so close to China and Russia, and all that Chinese and Russian money, with the United States getting the first-crack at such development opportunities (with debt or equity) has not been lost on Donald Trump- if not for his own benefit, then for future Trump generations, or, at least, for American developers and operators, in general. Trump knows that China and emerging Asia are the fastest growth markets in the world. He wants to fight … and he wants to join it.

For Donald, Trump, it’s a real estate deal, and it goes like this:

“We want access to and use of your land, with a restrictive covenant that you can’t build or maintain nuclear weapons. How much will this cost?”.

Successfully achieving access, and, possibly, someday, use and development of land directly connected to China, in exchange for payments to North Korea- a permanent land use or development option, if you will- would certainly be Donald Trump’s best real estate deal, yet.

 

Neil S. Siskind, Esq., President
The Siskind Law Firm
Tel: 646.530.0006

Neil Siskind is the Founder & Chairman of The Fatherhood Assignment
Neil-Siskind-photo
Learn more at:  http://www.neil-siskind-the-fatherhood-assignment.org/

Neil Siskind is the Conservator of the Neil S. Siskind Nature Preserve
Neil-Siskind-Picture

The Neil S. Siskind Nature Preserve is over 7 acres of environmentally-pristine waterfront land in a magnificent setting along New York’s majestic Hudson River. The Preserve includes a variety of species of animal and plant life, and is a precious example of the thoughtful maintenance of New York’s priceless open spaces. The land’s uses are limited to outdoor recreation such as hiking and climbing, and the study of ecology, nature and land use. The Neil S. Siskind Nature Preserve allows for the intelligent contemplation of our valuable natural resources and the most effective ways to maximize them and keep them protected.

Neil Siskind, Founder, “National Fatherhood Day” – March 29th

Neil-Siskind-pics
To encourage recognition of the needs of boys and girls who are living without fathers or father-figures in their lives.

Read about the non-profits and charities whose missions Neil Siskind supports and promotes: www.neilsiskindsupports.com
Caring is Free®

You can read what clients and associates say about Neil Siskind at: http://siskindlawfirm.com/neil-siskind-bio/.

Neil Siskind’s Volunteer Work:

– Memorial Sloan Kettering Cancer Center, Volunteer

– Memorial Sloan Kettering Cancer Center, My Fundraiser- Help Neil Siskindhelp children with cancer to be more comfortable: http://mskcc.convio.net/site/TR?px=3182108&fr_id=2632&pg=personal

– Make-A Wish Foundation- Help Neil Siskind make sick children’s wishes come true by creating your own fundraiser: Neil-Siskind/Help-Make-A-Child-Smile.htm

– DonorsChoose.org- Donate to one of my needy public classrooms: http://www.donorschoose.org/NeilSiskindGiving

– Champion Children– We seek to inspire people through stories of children who have overcome challenges: http://siskindlawfirm.com/neil-siskind-champion-children/


Neil Siskind’s Pro Bono
 Work:

– Saving Senior Citizens- Protecting New York’s senior citizens from fraud and financial abuse www.savingseniorcitizens.com

– Senior FreeStart Business– Pro Bono: We seek to help put senior citizens in the right direction so that they can face the challenges of the modern economy: http://siskindlawfirm.com/free-start-business/

– Veteran FreeStart Business– Pro Bono: We seek to help put Iraq and Afghanistan war veterans in the right direction so that they can face the challenges of the modern economy: http://siskindlawfirm.com/free-start-business/

– In development: The Neil S. Siskind School of Hope: A free school to teach inner-city youths the skills of entrepreneurship and importance of economic self-sufficiency.

Neil Siskind’s Government Work:

– Suffolk County District Attorney’s Office, Boston, MA, 1994, Intern
– Office of Senator Christopher J. Dodd, Newington, CT, 1992, Intern
– Hartford County Department of Probation, Hartford, CT, 1991, Intern

Neil Siskind’s Community Assistance:

Financed & operated a legal clinic providing low-cost legal services to struggling Long Islanders during the recession to help clients resolve debt, organize finances, and launch new businesses.

Neil Siskind’s Professional Curriculum Vitae: http://neilsiskind.com/

Sponsored Advertisements

Inventors, IP Owners, Manufacturers
Learn How To Bring Products To Market And To Expand Your Distribution Channels
The Complete Guide To The Ways To Manufacture & Sell Your Products

 

 

LeBron James: Where Will “Cavalier King James” Go Next?- By NEIL SISKIND

Now that the Houston Rockets have shown that they, too, are vulnerable to the Golden State Warrior dynasty, they need a plan. Plan A would be to be sure that Chris Paul stays healthy. But, of course, that is impossible to plan. Plan B is to have an alternative option to Chris Paul on the court with James Harden in the event that Paul is injured, or resting, or having a bad night. Also hard to do, based on Paul’s excellence. Unless, of course, Plan B is Cavalier King, “LeBron James”.

Why would LeBron want to go to the Rockets?

Why would he not?

LeBron has to look at the next two years of his career as ones where he “MUST” win. He is 32 years of age. By 34, he will begin to decline. Perhaps, it will be more like 35 or 36- who knows? He must make a successful and correct career move “now” to enhance his legacy and prospects of winning more championships before he is too old to dictate his own terms with regard to money, teammates, and cities. He needs to get as close as he can get to a sure thing.

Cleveland is not an option- which is unfortunate, because “ideally”, a superstar plays in only one or two places during his career. But, that does not always happen. Moreover, LeBron actually left Cleveland and went back. So, to leave again, does not look great.

But, Cleveland and the NBA are leaving LeBron with no choice.

The age of the “superteam”, which, arguably, was started by LeBron James with his move to Miami to play side by side with Duane Wade and Chris Bosh, is forcing LeBron to join or create a new superteam. Superteams have existed all throughout NBA history. But many of them were organically created, rather than contrived by moving numerous pieces into one location.

The Warriors are unbeatable. If Kevin Durant had not joined Golden State, they would be beatable. They could be beaten by the Rockets and by the Cavaliers, and Golden State knew it (at least with regard to the Cavaliers; Chris Paul was not yet on Houston at the time of the Durant trade). The Warriors players saw that writing on the wall, and successfully lured Durant to the team- which has resulted in great success- and two championships.

What are LeBron’s options if he wants one or two more “chips”?:

Stay in Cleveland with his team composed as-is?

No.

Stay in Cleveland and hope to win with Kevin Love, J.R. Smith, Kyle Korver, and whomever he can bring to the team, such as Paul George?

No.

Go to another team with young players who have great potential, like the Lakers or the 76ers, and bring along Paul George and Kawhi Leonard to create a new superteam?

Maybe.

Go to the Houston Rockets, which needs one more element (and is the only team that can say such) to assure that they can and will defeat the Warriors (as they would have done this year with a healthy Chris Paul), and help a team that has world-class 3-point shooters, world-class point guards, young players, great defense, a great record, and a very successful playoff season, but is still in need of that final piece on the offensive and defensive sides of the ball to “guarantee” success?

Of course.

The Rockets are on fire and the state of Texas is on fire. Texas is a bigger and sexier market these days than even California- and we know LeBron will not go to the Knicks or the Nets or the Celtics. (There is a very small possibility that the other Texas team, the San Antonio Spurs, along with Leonard and George, is also on LeBron’s short list, and that would be because Leonard is already there, and, of course, because of Pop.)

LeBron would not be “selling-out” by going to the Rockets. The Warriors, with all their fire power and success, still recruited Kevin Durant. As for Durant, he went with the winners who were already winning- and made them even bigger winners. That’s life. That’s business. And that’s basketball. In the case of the Rockets, unlike with Durant and the Warriors, they haven’t even won, yet. Moreover, LeBron went to the Cavaliers, among other reasons, to play with Kyrie Irving, who, abruptly, left Cleveland and LeBron without fair or sufficient warning. According to LeBron, he asked Cleveland’s management to refrain from making the Irving trade.

Houston, Texas with the Houston Rockets …why would Cavalier King James take his talents anywhere else?

 

Sports writers: If you’re going to use my Cavalier King James moniker for LeBron, please have the decency to credit me.

Apple, Like Facebook, Following Snapchat’s Leads- by NEIL SISKIND

Facebook notoriously copies all of Snapchat’s features.

Now, Apple is focusing on multi-person face-time chats, advanced AR features, and AR enabled eyewear- all features and products offered by Snapchat for some time now.

Snapchat continues to be the leader in innovation, has been light-years ahead of Facebook and Apple for years, and will, eventually, get its due- in the form of a higher stock price, or by being acquired.

Large Corporations Have The Jobs- And The Wages- By NEIL SISKIND

As companies get larger and larger and take more and more market share, they can offer more and more jobs. As Home Depot grows, hardware stores close. As TJMaxx grows, local discounters close. As Amazon grows, retailers across the country close. And the larger the company, the greater the power to dictate wages- especially as their growth is to the detriment of competitors that close, leaving no competition for labor.

Moreover, the largest companies will have the highest ability and most incentive to implement costly technologies to keep long-term labor needs down- depressing wages even more.

Technology has allowed enormous scale by businesses, where relationships, loyalty, service, and locality, are irrelevant to product sales. All that matters is price. So, the advertiser with the best price wins, where the shopper can reach any one retailer as easy as any other, and any retailer can reach customers anywhere. The retailer that gets the most scale can always offer the lowest price. And the number of those retailers are getting smaller and smaller, as scale needs to be larger and larger, leaving only the largest companies in each category- hurting consumers and wage earners.

This is why we have job growth- but no wage growth (and it is also why our storefronts in our communities sit empty or filled with nail salons and coffee shops, rather than with thriving, growing businesses- all to the detriment of our senses of community and our pride in our communities).

I encourage Americans to shop at local stores and at smaller online retailers … or else all of our children and grandchildren will be working for Facebook and Google and Amazon- which will control not only all of society’s private data- but also all of our livelihoods- and all of our nation’s politics, too.

Shopping And Entertainment Will Become “One”- by NEIL SISKIND

I can’t imagine stores in the future that lack an entertainment component. I can’t imagine the idea of stores where music, content, gaming, and/or virtual reality are absent from the consumers experience. Store will provide entertainment to shoppers, and entertainment companies will sell products. Stores and entertainment businesses will be one and the same. All entertainment will lead to commerce opportunities. All stores will offer entertainment. Any retailer- brick and mortar or e-commerce- that is not entertaining shoppers and potential shoppers- will not have any shoppers.

Neil Siskind: Real Estate Assets Are For Realtors

The asset price of real estate is for realtors and clients to negotiate. By the “assets” of real estate, I am meaning both the personal and real assets that are being sold and bought. By the time the deal gets to the attorney, ideally for all parties, all financial issues are agreed to and resolved. The attorneys should not begin to negotiate on chandeliers, furniture or other personal items. While, theoretically, attorneys don’t mind doing this, the lawyer is not the right person, and the time of contract is not the right time to delve into price and assets. On occasion, a buyer will begin to think about the home while the contract is being drafted and then ask for an additional item or two to be included. In such case, the issue can come up “post price-agreement”. But it would be better handled between the buyer and seller, directly, or between their respective realtors, than by the lawyer. There are several reasons for this: First, if a seller gets contract comments asking for an additional asset, rather than a direct verbal request, it is an unpleasant surprise and can kill a deal; second, if such a request is sprung on a seller from lawyer to lawyer after a price has been agreed upon, it creates a wall, and breaks down the element of trust that may already have been established by the parties in their dealings before a lawyer was even retained; third, the lawyers in the deal often do not know the history of the parties and the property, and can not tell who has the bargaining power; and fourth, lawyers are not exactly known for their easy-going personalities and may even begin their own personal posturing against each other- an unfair result to all involved.

If you are a buyer, seller, or realtor, it is best that you negotiate every single asset in the deal and not leave it for the attorneys to do. Theoretically, the lawyer has two jobs: First, to memorialize the terms agreed upon as exact as possible; and second, to handle “legal” issues such as tax issues, title matters, and timeliness of transfers. It is not the lawyers job to negotiate price for assets in any manner.

 

By: Neil Siskind, New York Lawyer http://www.siskindlawfirm.com

Neil Siskind is the Founder & Chairman of The Fatherhood Assignment
Neil-Siskind-photo
Learn more at:  http://www.neil-siskind-the-fatherhood-assignment.org/

Review Neil Siskind’s personal and professional references at: http://siskindlawfirm.com/neil-siskind-bio/

Volunteer, Pro Bono, and Government Background:
Learn about how we try to give back http://www.neilsiskindsupports.com

Neil Siskind’s Volunteer Work: Volunteer, Memorial Sloan Kettering Cancer Center
Donate to one of my needy public classrooms: http://www.donorschoose.org/NeilSiskindGiving
Help Neil Siskind make sick children’s wishes come true: Neil-Siskind/Help-Make-A-Child-Smile.htm

Neil Siskind’s Pro Bono Work: Protecting New York’s senior citizens from fraud and financial abuse www.savingseniorcitizens.com siskindsenior-logo

Champion Children – The Siskind Law Firm We seek to inspire people with stories of  children who have overcome challenges: http://siskindlawfirm.com/champion-children/
FreeStart Business – The Siskind Law Firm We seek to help put war veterans and senior citizens in the right direction so that they can face the challenges of  the modern economy: http://siskindlawfirm.com/free-start-business/

Neil Siskind’s Philanthropic Work:
-Hudson Riverfront Land Preservation
-Founder, The Fatherhood Assignment: A think tank to educate the public about, and advocate for the children of absentee fathers. http://www.neil-siskind-the-fatherhood-assignment.org/

Neil Siskind’s Government Work:
Suffolk County District Attorney’s Office, Boston, MA, 1994, Intern
Office of Senator Christopher J. Dodd, Newington, CT, 1992, Intern
Hartford County Department of Probation, Hartford, CT, 1991, Intern

Neil Siskind’s Community Assistance:
Established and operated a temporary legal clinic offering inexpensive legal services to struggling Long Islanders during the recession to help clients resolve debt, plan estate matters, organize finances, start small businesses and obtain governmental assistance such as Medicaid.

Neil Siskind’s linkedin URL: http://www.linkedin.com/profile/

 

 

Neil Siskind: Post Closing Tenancy

By: Neil Siskind, New York Lawyer http://www.siskindlawfirm.com
Founder, The Fatherhood Assignment http://www.neil-siskind-the-fatherhood-assignment.org/
Review Neil Siskind’s personal and professional references at: http://siskindlawfirm.com/neil-siskind-bio/
Volunteer, Pro Bono, and Government Background: Learn about how we try to give back: http://www.neilsiskindsupports.com
Neil Siskind’s Volunteer Work: Volunteer, Memorial Sloan Kettering Cancer Center
Donate to one of my needy public classrooms: http://www.donorschoose.org/NeilSiskindGiving
Help Neil Siskind make sick children’s wishes come true: Neil-Siskind/Help-Make-A-Child-Smile.htm

Neil Siskind’s Pro Bono
Work: Protecting New York’s senior citizens from fraud and financial abuse www.savingseniorcitizens.com siskindsenior-logo

Champion Children – The Siskind Law Firm We seek to inspire people with stories of  children who have overcome challenges: http://siskindlawfirm.com/champion-children/
FreeStart Business – The Siskind Law Firm We seek to help put war veterans and senior citizens in the right direction so that they can face the challenges of  the modern economy: http://siskindlawfirm.com/free-start-business/
Neil Siskind’s Philanthropic Work: -Hudson Riverfront Land Preservation -Founder, The Fatherhood Assignment: A think tank to educate the public about, and advocate for the children of absentee fathers. http://www.neil-siskind-the-fatherhood-assignment.org/

Neil Siskind’s Government Work: Suffolk County District Attorney’s Office, Boston, MA, 1994, Intern Office of Senator Christopher J. Dodd, Newington, CT, 1992, Intern Hartford County Department of Probation, Hartford, CT, 1991, Intern

Neil
Siskind’s Community Assistance: Established and operated a temporary legal clinic offering inexpensive legal services to struggling Long Islanders during the recession to help clients resolve debt, plan estate matters, organize finances, start small businesses and obtain governmental assistance such as Medicaid.

Neil Siskind’s linkedin URL: http://www.linkedin.com/profile/

 

Article:

In cases where a seller, with the agreement of the buyer, intends to remain on the premises following a closing, a written post-closing tenancy agreement must be entered into. Sellers may wish to remain in the home following closing for several reasons, but the most common case is where a seller is waiting to close on his or her own buy of another home.

In some cases a post closing tenancy arrangement is discussed between the parties at the time of contract. In other cases, it is discussed soon after. In either situation, the buyer’s and seller’s attorneys should immediately begin to draft this post-closing arrangement so that it does not hold up the closing in any way. These agreements range from simple to complex- and they always include daily or monthly rental rates and a penalty clause for the seller overstaying his or her welcome. A properly drafted penalty clause is vital so that the seller has an incentive to get out when promised. A proper clause will take into consideration liquidated damages laws. Often, since a seller is involved in his or her own purchase, such seller may not know exactly when the post-closing move-out date will be and will ask for flexibility with appropriate notice. This will be a negotiated point.

As a buyer’s attorney, the ideal scenario is to hold back purchase monies in escrow that can be captured should the seller not move out as promised. Even when the seller does move out as promised, his rental rate will take the buyer’s monthly mortgage and insurance payments on the home into account, and any other of buyer’s monthly expenses such as any co-op or condo common charges and maintenance fees.

If the transaction involves a co-op or condo apartment, the parties and their attorneys must remember to obtain board approval to have a renter in the apartment, if required. Remember, the seller is no longer a owner. He or she is now a tenant. If the board requires rental approval, it must be obtained.

Many post closing arrangements are not taken into account or agreed upon until late in a transaction when a seller begins to see that he or she has no new home to go to as of the closing date. One tactic for the seller is to put off the closing as long as possible if the closing is not agreed to be “time of the essence”, per the contract. However, many sellers need to show the sale funds in their bank account in order to get their new loan for their buy. Further, a buyer may be required to close by a certain closing date or his/her loan commitment will expire. So this can get dicey. But if a post closing occupancy is agreed to by the parties, an agreement should be worked on at once and before the parties reach the closing table so that the deal is not harmed by the pressure of a last-minute agreement.