Amid Coronavirus Shutdowns, Landlords Often Determine Fate of Small Businesses

https://www.wsj.com/articles/amid-coronavirus-shutdowns-landlords-often-determine-fate-of-small-businesses-11591224029


More people have been out on Fifth Avenue in the Park Slope neighborhood of Brooklyn in recent weeks.


Markets

On one street in Brooklyn, survival can depend on negotiating a temporary rent cut with the building owner


More people have been out on Fifth Avenue in the Park Slope neighborhood of Brooklyn in recent weeks.

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| Photographs and Video by Jose A. Alvarado, Jr. for The Wall Street Journal

One of the owners of Brooklyn’s Du Jour Bakery was trying to negotiate a rent cut when a representative of her landlord suggested several grant programs she could apply for.

That put Vera Tong over the edge. “I was like: Don’t you think I apply for those?” she said. “I apply for everything that’s out there. I apply for things that don’t even make sense for me.”

The…

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By |2020-06-04T10:26:48+00:00June 4th, 2020|Uncategorized|0 Comments

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