Quote:
Originally Posted by billethkid
The high rent issue is more of an urban legend in TV.
Compare the $ per square foot rates of shopping centers, malls and the like in the surrounding area.
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The "Developer" is not ignorant of the economic process for owning, managing, and profiting from real estate. If they(it, him) could earn more with a different model (rent, terms etc) they would no doubt adopt them. Retail business is hard. Markets change on a dime . Restaurants fail at incredible rates , everywhere. Most new entrepreneurs are under capitalized and under cashed and therefore cannot weather any blips. Very few posters here have any understanding of the basics of running a business.
The "Developer" does.
Disclaimer:Am not related to "Developer" don't work for developer, never met the "Developer" don't hold any public office in TV. Have run several successful and a few unsuccessful businesses .