TSP has met all requirements and has been awarded the certification of Women Owned Business Enterprise by the New York City Department of Small Business Services.

The Department of Small Business Services' (SBS) Minority- and Women-owned Business Enterprise (M/WBE) Program certifies businesses primarily owned, operated, and controlled by women and/or minorities. This certification provides access to government contracts and businesses working within federal and municipal guidelines. The certified business has the opportunity to bid on contracts, increases exposure and capacity and effectively contribute to the economy.

Are dollars per square foot the best guide to determine value?

With your Commercial Broker's assistance and expertise, you have narrowed your choices for a new location to two very comparable sites. All factors are equal other than outlined below:

	Building A		Building B
	- 5,000 square feet rentable - Rent - $25 per square foot plus utilities - Annual Rent - $125,000 - Loss/Core/Add On Factor - 20% - Useable = 4,000 square feet		- 5,000 square feet rentable - Rent - $25 per square foot plus utilities - Annual Rent - $125,000 - Loss/Core/Add On Factor - 15% - Useable = 4,250 square feet

Which Building Affords The Best Value?
First, let's define (loss, core, add on factor) A typical office building comprises office space which is occupied by tenants - USEABLE and CORE space which is common space such as lobby, hallways, bathrooms, etc. This core space is expressed as a percent. Rent is paid on the rentable which equals useable plus core space.

The rent for both spaces is $125,000 per year. However, Building B gives you an extra 250 square feet or one large office for the same annual rent.

FSG Yonkers Hotels L.L.C., a joint venture of RD Management L.L.C. in New York City and S&S Hotels in Manchester, N.H., has purchased property located at 160 Corporate Boulevard, Yonkers, NY from Robert Martin Company LLC. FSG will develop the Hampton Inn & Suites on the 2 acre site. The hotel will contain 110 regular hotel rooms and 40 suites. Amenities will include an indoor pool, fitness center, business center and a large lobby where complimentary breakfast will be served. Robert Schwartz, Senior VP of T Square Properties represented the purchaser in this transaction.

T Square Properties, a corporate real estate firm with offices in White Plains and Mount Kisco is proud to announce our 25th year of serving commercial real estate needs in Westchester and surrounding counties.