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Net operating income is used for mortgage payments, building improvements and profit.
Many states forbid utility shutoffs in the winter, and, with or without aid, struggling families sometimes put off payments, building up arrears.
Because China has already tackled the two biggest obstacles to digital payments — building infrastructure and changing consumer behavior in its own backyard and front yard.
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The draft local democracy, economic development and construction bill proposed to change laws about handling disputes and payments in building contracts and to introduce a new regional strategy for planning permissions.
Landlord and tenant groups had worried that the new fees would be so onerous as to bar them from access to the court, where the two sides hash out disputes over rent payments and building services.
The theater's producer and creative director, Louis S. Salamone, said in an interview on Thursday that he had been in a "nightmare" of legal disputes over the last two years with the landlord over rent payments, the building's certificate of occupancy and $200,000 in renovations that Mr. Salamone said the theater company performed.
That development sounds a lot like Coin, the payments startup building a "universal" card that can mimic any payment card in your wallet on the fly.
And their primary payment is building "cultural capital," as opposed to "capital capital".
Others appeared to expect payment for building work, their quotes varying wildly.
To ensure payment, the building uses a number of strategies, including a 10-day grace period, after which a letter is sent to the owner.
Only about $50 million in city obligations, mainly lease payments on buildings, will actually be restructured, with a net "present value" savings of around 40 percent.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com