[katezbox]

Originally Posted by Muncle

Darn you, Kate. Here you are bringing sense and economic reality into a discussion where emotion and financial ***** (pen*s) envy of the developer are primary motivators. Will you never learn?

Re your last point, I really like it. I believe that appearance of prosperity is critical to the success of such places as the squares. I wouldn't be a bit surprised if some of the smaller boutiques were already getting some break. Also, areas like Colony should be getting some rent/percentage breaks until construction across 466A picks up. May already be happening.

Seemingly, the major issue for TV businesses is in-season/off-season. Two apparent solutions seem to be different rents/percentages for different seasons or better business management so new owners don't confuse February profits with July projections.

But I could be wrong.



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Munc,

You make me blush.... but I agree - maybe the % of the take needs tio be only in certain months to help folks get past the summer days. Anthing to keep those shops/restaurants occupied.

PS - Red Sauce seems to have found success with karaoke....