njkid30 t1_jcigtf5 wrote on March 17, 2023 at 1:37 AM

Play your cards right and you can negotiate down to like 6. Especially in that place if you are going to have deal with multiple construction projects for the next year or two

bodhipooh t1_jcir7ag wrote on March 17, 2023 at 3:00 AM

>multiple construction projects for the next year or two

hahahahaha!!!! lmao. Dude, that entire parking lot is going to be a construction zone for 15-20 years, at least. There are 10+ buildings going up in that area. The original plans called for 15 residential buildings, but I believe the latest revision includes only 12 or 13.

njkid30 t1_jcivwi0 wrote on March 17, 2023 at 3:40 AM

Hey as long as they can improve that shit hole of a ShopRite they can down whatever

Jahooodie t1_jclmvnx wrote on March 17, 2023 at 6:49 PM

In before people become nastalgic for the good old days of the shoprite- you know, before the oligarch wars, COVIDSV 37 pandemic, and the climate change levy system blocked the views

Index_Positive OP t1_jcipns5 wrote on March 17, 2023 at 2:47 AM

I hope so. I was bracing for the worst since it’s a managed building and they usually don’t care about retaining existing tenants. Wouldn’t even let me sign a two year last year.

Miringanes t1_jcloiqt wrote on March 17, 2023 at 7:00 PM

I learned from my management company that the two year vs one year option is highly dependent on how many leases are on the same cycle. They basically don’t want a whole bunch of leases coming up at the same time so software optimizes the spread and will let them know what duration they should offer.