Reply to RIP Johnson's -- Now let's move on

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Exactly. $40k a month for Firelake is absurd. Half that would be pushing the limits of what you could expect of a quasi-TGI Friday's/Applebees in a location with better options all around it to offer up in terms of rent.

Between Firelake and Johnsons, it's quite clear that AU doesn't have the slightest clue how to manage retail spaces. Classic ivory tower mismanagement.

Now instead of having two open businesses in operation and generating rent, taxes and jobs, they have two abandoned storefronts contributing nothing to the neighborhood except blight.

[/quote]

That's why we can assume that their plan is to re-develop the building and site.  Nearby 4000 Wisconsin is already emptying out in anticipation of being completely rebuilt.  Now that Johnson's parking area and nursery yard are emptied, it's clear what development possibilities AU has.[/quote]
I otherwise like AU,  but i am super annoyed at how they "landlord". I'm sure AU students enjoy having more than fast express in the neighborhood as well... A mix is a good thing and seeing these businesses sit empty does make me wonder what their scheme is. Unlike the developers of Fannie Mae who at least seem to be communicating well, they are being really poor neighbors. Has the meeting with the president happened? [/quote]

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