Discover Hidden Revenue in Commercial Properties: Making Money from Telecommunication Licenses and Such
Most property owners think only in terms of rents for revenue production. But there are hidden gems in those properties that can, if found, greatly enhance the revenue and value of your property. With a little bit of imagination, planning, and expert advice, property owners can increase their revenue in the most unexpected ways. They don’t have to rely, only upon rents. Sometimes, those, seemingly little sources of revenue can make all the difference in value and ROI.
Our featured guest, Jeff Moerdler, will discuss how telecommunications agreements including rooftop management, antenna towers, antenna farms, data centers, colocation agreements and switch facilities can improve the bottom line of your property. Jeff will discuss the practical requirements of these revenue generating agreements as well as the legal and contractual considerations.
Jeffrey Moerdler | LinkedIn
Member, Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
Jeff is the New York office Section Head for the Real Estate and Communications Sections and is a ember of the Environmental Section. A general commercial real estate attorney for almost 30 years, his clients include large national companies, particularly in the high-tech, telecommunications, financial services, health care, supermarket, and oil and gas sectors as well as numerous smaller local clients.
His real estate practice is both national and local and includes representation of landlords and tenants in all types of leases; counseling owners and developers in the acquisition, sale, development, and renovation of property; advising lenders and borrowers in commercial loans; and the representation of all parties in real estate litigation.
Jeff is recognized as a leading real estate attorney in the 2011 edition of Chambers USA: America’s Leading Lawyers for Business. In 2002, Jeff was elected as a Fellow of the American College of Real Estate Lawyers (ACREL), and every year commencing with 2006, he has been listed as a New York Super Lawyer for real estate in the New York Times.
During the past 20 years, he has developed a unique specialty practice in the intersection of real estate with technology, communications, and energy issues. He has extensive experience representing landlords, tenants, and communications service providers in the leasing, purchase, sale, and financing of data centers and switch facilities, collocation facilities, radio and television broadcast antennas, distributed and inbuilding antenna systems, rooftop antennas, and fiber-optic transactions as well as the wiring of buildings for broadband communications access.
Jeff has also negotiated thousands of rooftop and cellular antenna leases, inside wiring agreements, antenna tower leases, and switch facility leases throughout the country—covering over 500 million square feet of space.
He has also devoted a considerable portion of his practice to power and energy issues related to real estate and other technology matters, including large solar and wind installations and bulk power purchases.
A frequent speaker on real estate topics, Jeff also writes a monthly column called Leasing on the Level, covering leasing topics in Real Estate Weekly. He is a member of the board of advisors and regular contributor to Commercial Lease Law Insider, Commercial Tenant’s Lease Insider, and Communications Environmental and Land Use Law Report. In addition, he frequently contributes to Mortgage and Real Estate Executives Report and is regularly quoted in the New York Times, theWall Street Journal, Commercial Property News, Real Estate Weekly, and other publications.
Jeff is currently a commissioner of the Port Authority of New York and New Jersey and is the vice chair of the audit committee and the vice chair of the security committee of the board of commissioners. The Port Authority’s facilities include the World Trade Center site; Kennedy, LaGuardia, Newark, Teterboro, and Stewart airports; the Lincoln and Holland tunnels; the George Washington, Bayonne, Goethals, and
Outerbridge Crossing bridges; the Port Authority Bus Terminal; the George Washington Bridge Bus Station; the PATH interurban rapid transit system; the Trans-Hudson ferry service; the Newark Legal and Communications Center; six marine terminals; two waterfront development facilities; the Oak Point Rail Freight Link; four industrial development facilities; a resource recovery facility; and certain regional development facilities in the Port District.
Jeff is admitted to practice in New York, Florida, Massachusetts, the District of Columbia, and before the U.S. District Courts for the Southern and Eastern Districts of New York. He attended the Horace Mann School and was awarded his B.A. by Columbia College of Columbia University (1978), and his J.D. by the New York University School of Law (1981). From 1981–1982, he served as a law clerk to the Hon. Charles L. Brieant, U.S. District Judge, and later Chief Judge, for the Southern District of New York.