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Flaleftist

(3,473 posts)

2. Increasing rent to the point your tenant can not afford to pay

Reply to Sherman A1 (Original post)

Mon Jan 14, 2019, 09:29 AM

Jan 2019

and goes out of business, leaving you with an empty building and no tenant seems pretty stupid.

Maybe landlords can allow business to stay in exchange for a percentage of their sales, with the understanding that if someone does come along who is able to pay the desired rent they have x amount of time to vacate.

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N.Y. Today: Can Anyone Solve the Vacant Storefront Problem? [View all] Sherman A1 Jan 2019 OP

Where I live it's less about rent and more about the super stores Buckeyeblue Jan 2019 #1

NYC has a very energetic local retail industry... brooklynite Jan 2019 #4

Increasing rent to the point your tenant can not afford to pay Flaleftist Jan 2019 #2

Take away the tax incentive for waiting for a tenent with deep pockets. marble falls Jan 2019 #3

Artists should be able to display their works in storefronts. nt zanana1 Jan 2019 #5

I live in NYC and have seen this happen Trumpocalypse Jan 2019 #6

It sounds like those tax laws need to be changed. Flaleftist Jan 2019 #7

I see the biggest retail trend to be resale. safeinOhio Jan 2019 #8

It is not just NYC crazycatlady Jan 2019 #9

Here in the midwest, the builders get such huge financial incentives to keep building... cbdo2007 Jan 2019 #10

Happens even in small, beat down, rust belt towns DeminPennswoods Jan 2019 #11

I saw a similar occurrence nearby Sherman A1 Jan 2019 #12