In addition to being generous, commercial landlords waiving the rent seems like good business. Better to have viable businesses as tenants once the shutdowns end, rather than a bunch of empty storefronts or new-and-unproven businesses that might be more likely to fail.
Huge shout out to Joe Cotchett for his compassion & generosity in waiving rent for his 65 retail tenants in downtown Half Moon Bay who have been forced to shut down during the #COVID19 pandemic. Our small businesses are really hurting. This is huge. #ad24 smdailyjournal.com/news/loca…
Apr 4, 2020 · 6:48 PM UTC
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