Reply to Palisades: Safeway is closing

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[quote=Anonymous][quote=Anonymous]Safeway will likely do one of a couple of options. 1) sue the city for unfair restriction of its property rights 2) hold out and sell to someone who is just planning on building condos or some non grocery store. 3) refuse to sell it and simply lease it with  the provision that you can't operate a grocery store. Nothing in this law ensures that a grocery store will come to this spot. It doesn't actually compel Safeway (or Cerberus) to sell to anyone much less someone who will put up a grocery, and it doesn't compel them to keep that store open.

So the law won't likely serve it's desired purpose, but will probably have lots of unintended consequences. Like making it unlikely for a store to move to a bigger nicer space next door because it's worried a competitor will just move into their old space. Or something I can't anticipate.
Unintended consequences happen a lot with hastily written laws.

Covenants are attached to property all the time that are binding. How do you think HOAs get their power? It's because the developer put a covenant attached to the sale of the property. And this restricts the use of the property when they no longer own it, which is what people are squawking about Safeway doing. The covenant only gets recorded if some buyer accepts it, usually in exchange for a lower price. They are free not to buy the property with a covenant attached. So I don't see how covenants are unfair as everyone gets a chance to review and walk away.

And for people saying this is monopolistic, [b]do you see how many grocery stores are within 2 miles of this place.[/b] Maybe not walkable, but how many people in the Palisades don't have a car? To say this area would become a food desert is beyond melodramatic and insulting to the people in many areas of this city and country where a food desert exists.[/quote]

Me, me, pick me. One. There is one grocery stores within 2 miles. If you would have said 1.8 miles, there would have been zero. [/quote]

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