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re: Lin-Manuel Miranda and Friends Purchase Drama Book Shop
Posted by: Michael_Portantiere 02:30 pm EST 01/08/19
In reply to: re: Lin-Manuel Miranda and Friends Purchase Drama Book Shop - ryhog 01:38 pm EST 01/08/19

"I have no clue what you are talking about. There are no tax breaks for keeping space unrented. There is no logic in keeping a space unrented. Landlords want more rent, not no rent. What disincentivizes lower rents is greed, not taxes."

Perhaps we have a miscommunication here, but what you wrote flies in the face of everything we have read that has gotten SO much publicity lately, with FINALLY a move to eliminate such tax breaks. Without getting too far off topic, can you please explain what you mean?

To clarify: Just because some landlords keep properties unrented for tax breaks doesn't mean ALL of them do. A lot of landlords throw out tenants when their leases are up in order to get other tenants who can afford to pay higher rents.
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