It’s crazy to me to see all the hollowed out store fronts because local businesses can’t pay “rent.” Especially after the pandemic.
The small business couldn’t make rent, so the Landlord kicked them out, so now the business person has no business and the landlord has a boarded up storefront covered with graffiti. There are entire city blocks abandoned because of this nonsense. Who does this benefit?
not just store fronts. the walk-up flat next door to me in a small building (and only vacant one) has been ‘on the market’ and ready for move-in for over eight months… at 3.5x what the rents were jan 2020. the greedy bastard just won’t take less and he’s willing to leave it empty until he gets what he wants.
It’s crazy to me to see all the hollowed out store fronts because local businesses can’t pay “rent.” Especially after the pandemic.
The small business couldn’t make rent, so the Landlord kicked them out, so now the business person has no business and the landlord has a boarded up storefront covered with graffiti. There are entire city blocks abandoned because of this nonsense. Who does this benefit?
not just store fronts. the walk-up flat next door to me in a small building (and only vacant one) has been ‘on the market’ and ready for move-in for over eight months… at 3.5x what the rents were jan 2020. the greedy bastard just won’t take less and he’s willing to leave it empty until he gets what he wants.
Real estate cartels