Many asset managers rarely look at the actual lease to make business decisions, but rely instead on abstracts. The Parking-to-Lease Matrix is an abstract that governs the practical application of the intent of the lease with regard to parking. It can be where much of the value of lease-based parking is frittered away.Continue reading
Unfortunately, auditors of these lease-bound parking requirements report both Lessors and Lessees frequently leave a lot of loot on the table. This value can be surrendered in the negotiation, but more typically is given away long after the ink has dried on the final document.Continue reading
The coronavirus outbreak and subsequent lockdowns and social distancing has encouraged normally reticent wildlife to explore human space.
Here, from USA Today:
An African Penguin walks in the parking lot of an empty restaurant, close to popular Boulders Beach, in Simonstown on April 14, 2020, in Cape Town, South Africa. This beach is closed due to the continuing lockdown across South Africa, due to the COVID-19 pandemic. South African President Cyril Ramaphos prolonged by a further 14 days a three-week national lockdown aimed at curbing the spread of the COVID-19 coronavirus.
Perhaps he’s interested in some striping work?
(Image credit: RODGER BOSCH, AFP VIA USA TODAY & GETTY IMAGES)
In light of this evolution, parking managers, public transit managers, even car sharing managers should consider rebranding themselves as “Mobility Managers”. Mobility Managers leverage their particular platform, such as a parking facility, to capture a share, a piece of the customer journey. So what if it's just a share? Isn't it better to have a piece of something rather than all of nothing?Continue reading
Actually Count the Money - Everything going into – or out of – a count room should be counted. The vault at the failed FNBE is equivalent to our parking and transportation count rooms. A manager or supervisor should have been checking a count employee (like Ms. Myers) before and after the count to verify that no extraneous and unnecessary items (say, like baggies and tape) are going into the count room and nothing unauthorized (say, like cash) is exiting the count room. Continue reading