LOG IN / REGISTER




re: Lin-Manuel Miranda and Friends Purchase Drama Book Shop
Last Edit: JereNYC 12:23 pm EST 01/09/19
Posted by: JereNYC (JereNYC@aol.com) 12:23 pm EST 01/09/19
In reply to: re: Lin-Manuel Miranda and Friends Purchase Drama Book Shop - ryhog 09:05 am EST 01/09/19

There must be some significant advantage to this plan though, because you hear about it all the time all over the city. Council Speaker Corey Johnson is working to end landlords' ability to do this.

Long time tenants in retail or restaurant spaces get new leases and find that their rent has tripled or quadrupled, making their business no longer sustainable. They move or shutter and the space remains empty for months or years. If it were better for landlords to have tenants, even if those tenants are not paying the pie-in-the-sky rents that landlords think they're due, you'd see a lot fewer empty storefronts and restaurants around town.
reply

Previous: re: Lin-Manuel Miranda and Friends Purchase Drama Book Shop - ryhog 12:50 pm EST 01/09/19
Next: Whatever happened to Naughtyrob? - TheatreGuy 07:46 am EST 01/08/19
Thread:

    Privacy Policy


    Time to render: 0.010033 seconds.