the credence and credibility given by some to RUMORS is quite amazing!!!
It was mentioned earlier in the thread of the increasing rents over time. All rental contracts contain how much the rent will be over the usual 5 or 10 year peiod. All the commercial rental contracts in TV have the rental terms spelled out by year and are usually 5 or 10 year leases. The costs of operating, especially the fixed costs, like rent are not a surprise.
And when renting you have the opportunity, with the owners agreement to make lease hold improvements...move walls, refurbish, repaint, recarpet, etc. To blame the reason for the current tenant to not renew his lease because TV would not do the refurbish makes no sense at all. It is the responsibility of the tenant to keep their business establishment up to date, clean, etc. Those that don't either don't care or are consciously milking the business. Repair, refurbish, update are all future expenses that business owners factor into the running of and continuing to keep the customer happy.
It is all too easy for some who have this notion that the developer is responsible for business failures here in TV. Truth be known that is not the case at all. It goes back to the tenant and the way they do business or did not do business.
Blaming the developer is a well used cop out.
btk
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