Goofyernmost
Well-Known Member
However, they aren't continuing to get the money they want. There are always places that are hungry and willing to provide space for less. I agree that greed has always existed, however, common sense was at one point connected with it. Common sense would tell a Mall owner that even though higher rates look good on the bottom line in the short term that it can also be the exact opposite over time. There was a time when greed was somewhat controlled by the future. Have long term success or do real well for a short time. Or set a rate that is beneficial to all and have a lasting situation. That part has been superseded by the smell of money.Regarding the greed thing, it has always been the ruler, and has nothing to do with today.
Even a very minimal cruising of history clearly reveals so as more than evident. Greed isn’t news, it’s been around in full force since the beginning of time in every form you can imagine it.
I could be wrong, but, that mall definitely doesn’t sound like a Simon Property Group owned mall (at least not in our neck of the woods). A store closes one night, and the next mornin’ that sucker’s windows are blacked out ‘til the next victimis ready to roll the dice...
And, if the mall folks continue to get the rents they want...who actually has their heads where the sun doesn’t (yes, I read your post earlier at the office) shine...?
With Malls falling in increased numbers all over the country, a brain should kick in and let them understand that a partially empty facility has the look of death and before you know it all that inflated charging is being rapidly spent just maintaining the structure. If that ain't a place with lack of sunshine, I don't know what is.
It is like my current problem of being basically asked to leave because they want me to pay $200.00 per month more for my apartment for a fake granite counter top, which I don't want, new stainless appliances which will be out of style as fast as they came in (remember how popular avocado and harvest gold was a while back), carpeting that is just a slight shade different then what is there now, replaced linoleum that is, in my opinion uglier then sin, and replacing my hallway carpeting for that same gag ya linoleum. On the upper floors the linoleum is probably not a particular problem because the heat from the apartments below keep the floors warm. The ground floor is on a slab that conducts the temperature outside and even though it isn't the north pole it can get pretty chilly. And they don't care that for that imagined increase in revenue they are at the very least forcing me to move, preferably to another similar apartment in the complex because they can't renovate with me still in it. One way of the other I have to move and I can assure you that it will not be in this complex. Like all I have to do to move is pack a suitcase. I'm 70, I have been a great tenant. In eight years they can count on the finger of one hand the number of times I have called for maintenance or anything else for that matter. There going to take my almost new oak cabinets and paint them white when combined with the stainless appliances and the dark ugly linoleum have made the apartments icy looking and totally uninviting, lacking in any warmth. Yet, that extra money blocks out any appreciation for a constant, steady long term income without having to invest in the apartment until after I die. That is the level of stupidity that this country has gotten to. Only look at today. Tomorrow is unimportant.
Our dying Mall is starting to make a junk yard look good. Literally hundreds of floor tiles have broken and not replaced. When the pieces start to come out they take some dark grey concrete like substance and fill it in. So there you have light tan tiled flooring with dark grey patches. A couple of weeks ago during my walk, I noticed in one of the seating areas a half filled cup of soda sitting on the table in the area. The floor was covered with popcorn. One week later the cup and the popcorn was still in the same place. Restrooms smell awful with broken toilet seats and hand dryers that don't work and stalls that don't latch when closed. Many of the bigger stores that moved out have been replaced by non-profit science and creative youth geared things. You know darn well that they aren't paying the rents that the stores were being forced to pay. The place had a carousel and many other things that brought life to the place. All gone now. Even the food court is like a ghost town even at lunch time when some of the high schoolers walk over to have lunch. It is depressing and I think it could have been avoided. The mall a few miles away is going gangbusters and it is much smaller then this one. I measured my walk by three laps of the mall that was 2.5 miles.
Now they are trying to heat, AC and keep current a huge space with, in my estimate, less then 40% of its capacity. Even the small kiosk's can't stay in business because of lack of traffic and yet one never sees a single effort to advertise and have promotions to bring people in. They do use some of the massive parking lots for occasional driving skill contests. Other then that nothing.
