Re:Another Greedy Landlord Destroys an Institution (mar52)
mar52 Hope that Lenny's paid Juniors well for that phone number. I don't see why, Juniors walked away. Because Junior's said plan was to open elsewhere. The phone number does not belong to the address.
View ArticleRe:Another Greedy Landlord Destroys an Institution (CCinNJ)
All landlords are not stable in ownership. The stakes in the biggest markets are beyond numbers that any individual or small business could ever dream of purchasing...in the current market. That's why...
View ArticleRe:Another Greedy Landlord Destroys an Institution (Ice Cream Man)
CCinNJ All landlords are not stable in ownership. The stakes in the biggest markets are beyond numbers that any individual or small business could ever dream of purchasing...in the current market....
View ArticleRe:Another Greedy Landlord Destroys an Institution (Ice Cream Man)
mar52mar52 Hope that Lenny's paid Juniors well for that phone number. I don't see why, Juniors walked away. Because Junior's said plan was to open elsewhere. The phone number does not belong to the...
View ArticleRe:Another Greedy Landlord Destroys an Institution (CCinNJ)
You can equate your situation to the rental landscape of Los Angeles & NYC. That does not make them the same...but whatever. Have at it! ALL landords don't suck. The rental landscape in Los...
View ArticleRe:Another Greedy Landlord Destroys an Institution (mar52)
Selling a valuable phone number for a high price is not like a greedy landlord. I have it... you want it... $$$ And then... Eminent domain happens. The city or the state is the real owner. In my...
View ArticleRe:Another Greedy Landlord Destroys an Institution (Ice Cream Man)
There's no such thing as a greedy landlord, just some who maximize their investment and some that don't. Smart business people and not so smart. Just like I have it you want it $$$. LA & NYC, just...
View ArticleRe:Another Greedy Landlord Destroys an Institution (CCinNJ)
Your opinion is on the record. Enjoy your vacation.
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Re:Another Greedy Landlord Destroys an Institution (1bbqboy)
Ice Cream Man There's no such thing as a greedy landlord, just some who maximize their investment and some that don't. Smart business people and not so smart. Just like I have it you want it $$$. LA...
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Re:Another Greedy Landlord Destroys an Institution (Foodbme)
MetroplexJimsapsThe ignorance of some people on these boards is amazing. The old "greedy landlord" stereotype. A landlord runs a business, just like anyone else. He typically has a mortgage to pay,...
View ArticleRe:Another Greedy Landlord Destroys an Institution (Ice Cream Man)
CCinNJ Your opinion is on the record. Enjoy your vacation. Does that mean you give up ? Enjoy the snow.
View ArticleRe:Another Greedy Landlord Destroys an Institution (CCinNJ)
There's nothing to give up. Enjoy some Roadfood!
View ArticleRe:Another Greedy Landlord Destroys an Institution (saps)
mar52Selling a valuable phone number for a high price is not like a greedy landlord. I have it... you want it... $$$ And then... Eminent domain happens. The city or the state is the real owner. In...
View ArticleRe:Another Greedy Landlord Destroys an Institution (mar52)
Sometimes the cost of doing business needs to be reassessed. A landlord collects triple net which is not only the rent, but every other bill related to the building a person is renting like taxes,...
View ArticleRe:Another Greedy Landlord Destroys an Institution (saps)
OK- I get that- that's a good explanation. I've had to do that with tenants- I had one who I froze rent for 4 years in a flourishing downtown area. Unfortunately, got burned in the end when she...
View ArticleRe:Another Greedy Landlord Destroys an Institution (Ice Cream Man)
I guess there would be a case that I would do that but not likely. First, the rent is or should be a small potion of your gross. Lets say the rent is 20,000 I don't raise it 5% instead I give you a...
View ArticleRe:Another Greedy Landlord Destroys an Institution (Ice Cream Man)
I still don't agree with the word greedy. If the landlord sets a price he needs and the tenant won't pay the tenant leaves and the landlord rents the place for his price he made a wise business move....
View ArticleRe:Another Greedy Landlord Destroys an Institution (mar52)
You're placing your bets on the possibility that times would not turn around AND that your next tenant will make a go of it. There usually is at least a few months lapse with no income for the...
View ArticleRe:Another Greedy Landlord Destroys an Institution (CCinNJ)
You're placing a bet on someone who has flipped the majority previous ventures to other parties that are yet to be determined...so no way to bank on them.You're banking on someone who just came from a...
View ArticleRe:Another Greedy Landlord Destroys an Institution (Ice Cream Man)
mar52 You're placing your bets on the possibility that times would not turn around AND that your next tenant will make a go of it. There usually is at least a few months lapse with no income for the...
View ArticleRe:Another Greedy Landlord Destroys an Institution (CCinNJ)
A good tenant was there for 53 years.That meant NO idle property or costs associated with turnover in all that time...with a successful tenant. That alone has saved a fortune in money &...
View ArticleRe:Another Greedy Landlord Destroys an Institution (Ice Cream Man)
Every dog has it's day. Good tenants do go bad even after 53 years. Not to many same owners after that much time, sons and daughters that destroy passed relationships and businesses. Do you know most...
View ArticleRe:Another Greedy Landlord Destroys an Institution (CCinNJ)
Most businesses do fail. I don't know what good sense it makes to bank on Lenny's Deli vs. the 53 year track-record of the family business...that spared such turnover for decades. It's a much more...
View ArticleRe:Another Greedy Landlord Destroys an Institution (bartl)
Here is a situation that is, unfortunately, not at all uncommon. A neighborhood is in the pits. It is very difficult to rent out storefronts. But a businessperson with a good idea moves into a store....
View ArticleRe:Another Greedy Landlord Destroys an Institution (CCinNJ)
Nah...a strong sense of loyalty...a good mind for a good fight ...and a rock hard set preserves plenty in the best neighborhoods.. Plenty.
View ArticleRe:Another Greedy Landlord Destroys an Institution (Ice Cream Man)
CCinNJ Most businesses do fail. I don't know what good sense it makes to bank on Lenny's Deli vs. the 53 year track-record of the family business...that spared such turnover for decades. It's a much...
View ArticleRe:Another Greedy Landlord Destroys an Institution (Ice Cream Man)
In today's world, gratitude and loyalty is for chumps. There is nor has there ever been any loyalty in business. It doesn't matter how good your product is if another place opens up down the street...
View ArticleRe:Another Greedy Landlord Destroys an Institution (CCinNJ)
Indeed. Like the landlord of 1035 Swarthmore thought they had a tenant that would pay...and stay. Hmmm...Maybe in your world there is no loyalty. This is Roadfood. Many go way out of their way...to...
View ArticleRe:Another Greedy Landlord Destroys an Institution (iluvcfood)
wanderingjewMar, After reviewing the article, I agree with Pigiron. If the Kosher Style Deli's are anything like the small handful of deli's left in the NYC area they're mostly relying on tourists...
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