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Metropolitan DC Local Politics
Reply to "Unhoused and subsidized in DC"
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[quote=Anonymous][quote=Anonymous]It also amazes me that in DC, landlords will sooner let an apartment or storefront go unoccupied for an entire year than god forbid lower the rent by 10% or something. Everything's gotta be "luxury" and "top dollar" which adds so much fat that they can afford to sit on empty unrented spaces. That's just wrong.[/quote] I live in Arlington along Columbia Pike and there are storefronts that have been empty for years as developers built new mixed residential buildings. Like PP said, they would rather it sit empty than rent it for a little less. As a result, we ended up losing a lot of business that has only come back in the last few years. And retail spots in the older buildings always have a high fill rate while the new buildings sit empty. [/quote]
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