1248
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 25 Jul 2023
1248 points (96.1% liked)
Technology
33331 readers
2279 users here now
This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.
Ask in DM before posting product reviews or ads. All such posts otherwise are subject to removal.
Rules:
1: All Lemmy rules apply
2: Do not post low effort posts
3: NEVER post naziped*gore stuff
4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.
5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)
6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist
7: crypto related posts, unless essential, are disallowed
founded 5 years ago
MODERATORS
You need to have permits to change signs on your own building?
It's the heavy machinery required to do it that's the problem. This is also not Elon Musk's building, but a building Twitter rents. The building management company were the ones who called the police.
Ah that explains. Didn’t know he was renting the building.
Companions like this very rarely own property. They rent space from the property management companies that bought the land and constructed the buildings.
Yup. If you own a building, you need to pay someone to maintain it. If you rent a building, you get all of that in the contract and it's one less thing to manage.
Also, you can relatively change buildings if you need more space, whereas if you own it, you need to sell it first.
Well, he wasn't renting the building earlier.
Forgot about that shit. The guy's such a scumbag. Hasn't paid rent since he moved in and then tried to renovate? He seriously needs to be knocked down a few billion pegs.
Most of those IT platform companies only rent their premises as it helps improve the balance sheet and quarterly results by moving "capital expenses" into "operational costs"
I believe part of it is that managing huge buildings is actually a pain in the ass and requires specialized experience to do efficiently, so many companies end up saving money by not owning their buildings.
Well that, and the fact it costs huge amounts of money to own land in cities.
The way I heard it elsewhere (Google should help), Twitter/Elon actually had the necessary and correct permits (for using heavy machinery on the street/sidewalk and redirecting traffic around it).
Unfortunately, that detail was not correctly communicated to building security, who called the police believing there was no permit.
By the time the misunderstanding could be cleared up, the workers & heavy machinery had... "vacated premises" already, leaving the work in its half-finished state.
Do you have a source on that?
Ah, here it is.