Quote:
Originally Posted by Fuzz
Maybe if they hadn't spent a decade fighting their parking issue, they wouldn't have been forced into this. I'm not sure the details of the $1 sale, but that doesn't strike me as all that fair. Despite my loathing of the Scurfield's, it sounds like a bit of a raw deal. In year 30, why would they invest another dime? And when the lease reverts back, does Parks shutter it, or sell it for big bucks? Or is it worth nothing because everything will look like Fortress did?
It reminds me a bit like what happened to Asinibone. Certainly not the same, but Parks sure likes to flex their muscles occasionally.
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What sort of business lease that ends do you get paid out for? Remember they don’t own the land. Chances are they can work out a new lease anyway.