The KNOG

Authority vs. Responsibility

Dec 16, 2016 3:42:08 PM / by George Grace posted in Landlord, Project Manager, Tenant, THE KNOG

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Authority vs. Responsibility

Throughout my career, I have seen many situations in which doing business is made difficult by a dysfunctional power structure, but there are two that are particularly vexing:

1. A person has all of the authority, but none of the responsibility; or

2. A person has all of the responsibility, but none of the authority.

Authority: Landlord

Responsibility: Project Manager

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Due Diligence - Know What You’re Getting Into

Oct 27, 2015 4:18:29 PM / by George Grace posted in Buyer Beware, Con Edison, General Contractor, George Grace, Local Laws 10 and 11, Mohr Partners, Project Manager, Real Estate Business, Real Estate Purchases, THE KNOG

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Due Diligence - Know What You’re Getting Into

The Latin phrase caveat emptor, or “buyer beware,” is especially true when making real estate purchases.

Many businesses assume that the infrastructure of a property they buy functions.

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