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Re:US offices are sitting empty – business owners will have ... by ImPostingOnHN on Sunday July 30, 2023 @05:01PM (#36935927)
> Nobody is going to rent ground floor retail space in an area with no foot traffic

of course they will, at a low enough rent, obviously, which is the point: lowering rent is indeed a choice, as is going bankrupt, abandoning the property, or selling it at whatever price

Re:US offices are sitting empty – business owners will have ... by latchkey on Sunday July 30, 2023 @06:59PM (#36936902)
There is a ground floor retail spot near my house with a for-rent sign on the front, that has been empty for years. People have their reasons.
Re:US offices are sitting empty – business owners will have ... by ImPostingOnHN on Sunday July 30, 2023 @09:52PM (#36938001)
in that case, the reason is that the owner failed to lower rent, declare bankruptcy, abandon the property, get foreclosed on, or sell the property

let the owner rent it for a dollar a month and we'll see if it gets rented

Re:US offices are sitting empty – business owners will have ... by latchkey on Sunday July 30, 2023 @10:02PM (#36938064)
You left out one other case... the owner wants a specific tenant or in the example that started this whole thread, a Chipotle.
Re:US offices are sitting empty – business owners will have ... by ImPostingOnHN on Sunday July 30, 2023 @10:13PM (#36938113)
who cares what the owner wants?

the owner probably wants a billion dollars and a pony, too, but what they can have are the options I listed

the reason they don't have tenants is because their asking rent is too high and demand is low

in capitalism, that means they should lower rent

Re:US offices are sitting empty – business owners will have ... by latchkey on Sunday July 30, 2023 @11:06PM (#36938398)
One can surmise that the owner cares. As you say, capitalism.
Re:US offices are sitting empty – business owners will have ... by ImPostingOnHN on Monday July 31, 2023 @12:20AM (#36938771)
and that's why commercial space is sitting vacant: the owners failed to price them properly

as I said: capitalism

Re:US offices are sitting empty – business owners will have ... by latchkey on Monday July 31, 2023 @12:20AM (#36938770)
One more reason I just came across for you... maybe nobody wants to open a store in Gotham City and no amount of free rent can convince them otherwise...

https://twitter.com/bett_yu/status/1685778275975761920

Re:US offices are sitting empty – business owners will have ... by ImPostingOnHN on Monday July 31, 2023 @12:21AM (#36938779)
Not a very convincing hypothesis.
Re:US offices are sitting empty – business owners will have ... by latchkey on Monday July 31, 2023 @12:23AM (#36938782)
Have you ever owned a retail business in Gotham City? I have and I would never do it again.
Re:US offices are sitting empty – business owners will have ... by ImPostingOnHN on Monday July 31, 2023 @09:57AM (#36942545)
still not a convincing hypothesis

instead of trying to make the conversation about me or you, and instead of citing maybe-true singular anecdotes which don't prove your case (that space is limited, and lowering rent won't increase rentors), try just presenting the aggregate data showing that commercial landlords en masse have lowered rent to a dollar and still have these vacancies

WAIT!!!

Wait.

I fear what you heard was, "argue about your anecdote some more", but what I said was, show us the data