New York's Cooperative and Condominium Community
wodnering - we are an upper west side cop. can anyone with a cell tower please tell us how much they pay for lease of their roof space? thanks URGENT
thanks. was that $1700 annual or monthly? it is on riverside drive - higher than other buildings around it. no negotiations yet. prelim research. thanks
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MOnthly.
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how large is yoru building and what is location? thanks!
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We're in Westchester and this is a 7th floor bldg. Also, the company we have, although reputable, does not have the antennae penetration others have. Thus, our location was important to them.
Interesting enough, there were some problem with neighbors and shareholders were objectively briefed and involved to vote on their preference: Yes or No for the antennae installation.
The township restricted us to one installation and, as AR, states, it is important to put your foot down when it comes to negotiating dismantling of equipment at the end of the lease and authorization from the building to add additional equipment or upgrades.
Right now we were approached to upgrade the installation, but until they inform us what they are doing, no permission.
Similarly, make sure you hire your own engineer to assess the conditions of your building where the installation is going to take place and to review their structural installation.
No sense in getting $20,000 a year unless you know what you stand to lose or need to foot at the end of the installation.
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such as Subcarier Communications subcarrier.com they would be able to broker out the space to more than one tenant and guide you as to prices ( I am not connected with this company, I just saw them at Buildings NY)
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check this out. this habitat forum is getting lame becauset this is the kind of info one needs:
http://curbed.com/archives/2007/09/12/ask_curbed_renting_the_condo_water_tower_for_a_cell_antenna.php
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What terms are they offering? Are there other towers in sight? Any others in your neighborhood? Is the company a BIG brand or small? First time you've been approached?
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Been a few weeks since i was here...
I have towers and/or sites on about 12 of my buildings.
Each has a different lease and deal, ranging from $20K per annum to almost 60K.
As another poster put it, location is important. Depending on the vendor, some sites (like sprint)have all their current towers and sites mapped right on their website. This helps when bargaining the lease.
Also take into consideration the future value of the site and the area covered. They usually put into the lease that they have the right to add/change equipment and do not need permission, other than entry to the site. Do not permit this. All and any added equipment must first be approved by management/owner and the space it occupies (if more than the original agreed upon space)is not included in the current lease agreement. This becomes an addendum and more revenue.
Can’t think of anything else off the top of my head..
~AR
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Well, this is an interesting question:
1. How desirable is your location: near highway, hospital, university.
2. What company is trying to place the antennas and their market penetration and additional antennaes in your area.
3. In our case, almost five years ago, it was in the order of $1,700.
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