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We returned to a city of empty apartments, slashed fees, lowered rents, and courteous, desperate real estate agents.
Meanwhile, Mr. Meitiner added, many of the shopping centers, eager to keep the Museum Stores, have lowered rents.
The move lowered rents and, in the context of a recession and a worldwide mountain of debt, the strain was enough to tip Reichmann's empire over the edge.
"In the current market climate with lowered rents and the recent incentives, there is a window of opportunity to make good economic deals".
Similar(56)
Michael Bloomberg proposes providing tax incentives to landlords to lower rents for small businesses.
Far better, as Portas recommended, that landlords show greater flexibility – including lowering rents.
But even in those prime areas, agents say, landlords have become negotiable, lowering rents in individual deals.
Landlords are willing to lower rents for their best retailers — but only those that can prove financial distress.
It would be pleasantly paradoxical if that expansion ultimately leads to lower rents in the Mission.
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To attract renters, landlords had to lower rents dramatically, attracting less affluent tenants with less funds to maintain the homes.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com