Tuesday, February 16, 2021

READ: BUILDINGS OWNERS SEEKING RESTAURANTS

Harlem Bespoke: A New York Post article has revealed that many building owners are now realizing that restaruants really anchor a neighborhood and will now throw money at new businesses to arrive within empty spaces.  The pandemic deals are now a good environment for expansion and rents with up to a 75 percent discount have apparently been offered recently.  Perks also go beyond cheap rent since some landlords are even subsidizing up to $1 million for startup renovation costs as part of the deal so the times have really changed this year.  Read more about the news in the Post story which also features a local Harlem chef: LINK

No comments:

Post a Comment