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Metropolitan DC Local Politics
Reply to "More profitable for DC landlords to "sit" on empty storefronts than rent at market rate??"
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[quote=Anonymous]And, the landlord owes you no duty to damage their business (which is making money from renting commercial property) in order to retain a neighborhood restaurant that can no longer pay what the landlord thinks they can get for the space. It is the landlord's risk (i.e., foregoing income) of keeping a building vacant. It's like me walking up to you and saying "Sell me your house for $500K. That's all I can pay. And your neighbors all like me better than the other guy who is offering you $750K for it, so you should pick me as your buyer and bear the $250K loss but hey! your neighbors will be thrilled."[/quote]
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