The art of closing the deal , a lost art?

http://blogs.wsj.com/developments/2012/10/22/real-estate-news-the-art-of-closing-the-deal/?mod=WSJBlog&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+wsj%2Fdevelopments%2Ffeed+%28WSJ.com%3A+Developments+Blog%29
Hello readers,
Today's succinct news is a Real estate top story! If you have ever worked in sales or any business where you must "close" deals you will appreciate the process! It always takes a little bit of diplomacy and strategies to get deals negotiated and closed. This process can take some patience and a great deal of planning. When developers get together things happen and by that i mean the bottom line of real estate acquisition is "jobs" for the people. It seems like retail, restaurant and hotel mgmt. employment is still the leading employment in NYC or so it seems  unless you work in finance on Wall street or are a very successful actor or actress. I've always gone to NYC for shopping at macy's or taking in a good show on broadway but i guess there are people who actually go to work there.!  It is a creative slice of hub of life and as NYC continues to rebuild from the 911 ashes i couldn't be happier to report that some developers are seizing opportunities for renovation and renaissance.
Today's story starts out with some of the city's biggest developers who salivate over a site in the heart of time's square. A little known Indiana based developer in an unlikely partnership in NYC managed to grab the 47th street and seventh ave. prized brass ring of real estate properties , finalizing the deal after almost a month of negotiation.
Mark Siffin, of Maefield development , developer of major properties in LA and Miami , spent 4 years building the components of this site, including the building itself and signage rights,without knowing he could buy out the tenants in the building. The last piece of the deal that would allow him to raze the building and create a new development. Without 400 million needed to close the deal and extensions running close to deadlines, Mr. Siffin, was introduced with the game changer partner, Howard Michaels of the Carlton Group. it was now the bottom  of the 9th and with a lender, Jay Sugarman , ceo of Istar financial Inc. Mr. Siffin was now back in the game! The lender saved the deal and there is a happy ending!! The deal closed tuesday, today, oct. 23, 2012 ! congrats to  the big developer with the jewel of real estate! "we are converting that turban space into a 21st century piazza reminiscent of places like florence or milan ", Mr. Siffin says.  The 370 million mixed complex will have  a 30 story hotel, 120k sq. feet of retail space and a  roof top restaurant overlooking times square. It appears that the Times Square project is really improving and with Mr. Siffen's purchase , there is a vision for a new state of the art complex that will provide many jobs to new yorkers and many opportunities for those who visit NYC and live and work there! the italian influence is definitely a worthwhile design!! And for those world travelers who have had the opportunity to visit florence and milan, this piazza is going to take on the NYC scene with added interest. The italian american community will be happy to see this conversion in Times Square!! Times square has been building a new image and it looks like Mr. Siffin is one of those forward thinking developers who can think in big numbers and bring something new and exciting to the game! I'm sure there will be no love lost to see the "turban" space converted! Kissing the turban space goodbye!! This writer has brokered and negotiated residential sales for primary residences in real estate but never "commercial properties". That is an entirely different ball game! I thought the only real estate developer in NYC was the "Donald"..??? This could be the start of something great for Mr. Siffin and we wish him all the best as he will now be starting his vision for a very tasteful european design in the heart of NYC! Things are looking rosy for the new times square addition.!
I will have  to check out the malls and stores. I wonder when this property will be "open for business". ?  Succinct news wishes to thank Lauren Kusisto for the article that appeared in the Wall Street Journal and one version of this story. There's nothing like closing deals to get the party started and we at succinct news are closing deals for the future too with start ups and acting and film productions. It's all about business folks. Small business and big developers and bringing back this country to a fully operational free enterprise system. Vote nov. 6, for Mitt Romney and Ryan for the start up and successful business policies we need to keep america free, prosperous and strong for a brighter future.
This is detective sparks.. feeling the warm and fuzzies for NYC and welcoming Mr. Siffin , the new kid on the block. 
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until tomorrow, i'll leave the light on.. in times square. Now Mr. Siffin's property would be a great solar account opportunity. I hope he is planning on using "solar clean energy". that's the solution for efficient energy and savings! Those million dollar deals medicate my brain!