Reply to Bridges Families - What have you been told about the new Taylor Street location next door?

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Reply to "Bridges Families - What have you been told about the new Taylor Street location next door?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]So SSMA missed the deadline for delivering the final signed contract and the deposit for the space?!?

Sounds like the landlord and Bridges aren't the only ones responsible for the debacle...[/quote]

[b]I don't think this is the case at all. I think the PP was coming up with a hypothetical situation in which everyone makes a mistake.[/b]

I would need to check with someone at the school who was at the negotiation, but no one so far has mentioned that there even was "a deadline" for returning the paperwork and the checks. What they have said was that both parties were still negotiating from early June until mid-June and that when SSMA believed they'd found resolution for all the concerns they had, they signed the paperwork and sent over deposit checks. Then 2 days later, the landlord informed SSMA that he was accepting another offer that came in at the last minute for more money.

It sounds like the process itself was much less formal than it should have been. It seems to me that when a person submits a contract to be signed by another person, even if they have not countersigned it, that that person should not be permitted to enter into the same contract with someone else. Conclude one business negotiation before beginning another.  But I am not a real estate agent or attorney, so maybe I am wrong and this happens all the time.[/quote]

It is what the landlord said happened in the Post article.[/quote]

I guess. It really just said that they waited for 2 weeks to get the paperwork back.

I completely understand the landlord's rationale for accepting the other offer. I understand Bridges's desire to get that space, given the convenience factor. I just can't really countenance swooping in when they knew another school was planning to move in. It just seems very... cold.[/quote]

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