Apartment Buildings vs Office Buildings
Larry Feldman: One of the big differences is the length of the lease term. The average lease term for an office tenant is about seven years; whereas the typical apartment tenant is one year.
Larry Feldman: One of the big differences is the length of the lease term. The average lease term for an office tenant is about seven years; whereas the typical apartment tenant is one year.
Larry Feldman: We formed Feldman Equities, legally, in 1985. It was a continuing family business that dated all the way back to the 1920s, which was founded by my grandfather.