Word: rent
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Dates: during 1990-1999
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Although tenants like Surman may rent space in the building which will be constructed, rents are sure to increase...
...There are market factors at play," she says."Those building owners are finding other tenantswho can afford the higher rent...
They don't teach us to spell that one out in Ec 10, although they do find the time to go over the (ostensibly "value-free") distortionary evils of rent control, the recent elimination of which preceded an increase in Boston/Cambridge homelessness of crisis proportions...
...great concept. It's a great script. It even spawned a great screen adaptation with Audrey Hepburn and Alan Arkin. Do yourself a favor and rent the video. Don't bother forking over sixty dollars at the Wilbur Theater, where Wait is waiting out its pre-Broadway run. Director Leonard Foglia's half-hearted stage rendering has its moments, but the production as a whole hovers somewhere between mediocrity and patent ineptitude...
With the introduction of relatively more homogenous, upscale stores to Central Square, the rental prices of local properties will be bid up, since the new stores are willing to pay more for the "central" location. This is a major point of contention because most small business owners rent rather than own their space. For this reason, an increase in rent will translate directly into a lower or even negative profit margin. Small business owners are therefore vehemently opposed to the project...