Buller is convinced any pickup in the economy will be felt by warehouse and distribution-center landlords a year or two more quickly than it will be by landlords downtown.
The government has said it will review the system in two years, but for some landlords, that may be too late.
In 2003 Saatchi moved his gallery to a spot on the Thames but got into a tussle with landlords and exited the place two years later.
Blackstone immediately flipped two-thirds of the properties to other, smaller landlords who were even more levered, including New York developer Harry Macklowe.
The Premier League has already taken action against two suppliers of foreign satellite equipment and a group of pub landlords who used imported decoding equipment to show English Premier League games and avoided the commercial premises subscription fees for Sky.
Class A buildings are typically filled with large corporations or law firms, and landlords often have trouble renting out the one or two leftover rooms these big guys don't want, says Arthur Pasquarella , chief operating officer of BPG Properties .
Landlords, in contrast, should be eager to offer two or three year leases, to take advantage of better rental rates in the future.
FORBES: Real Estate Forecast 2013-2014: Commercial Properties
Vacant space is down some 2m square feet from last year's 26.5m peak, but landlords still have to offer such inducements as the now familiar two-year rent holiday on a 10-15-year lease.
Landlords will be able to extend their opening hours up to 0100 BST across two nights without needing permission from local licensing authorities.
He hastily put together a presentation to the landlords in Santa Monica and Beverly Hills, and by October he was on the hook for two leases.
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