Here are three stories relating to the Broadway Market published this weekend after the news broke that rent will go up and hours would be cut for some staff…the Market management had a meeting with its vendors on Saturday morning to outline the changes.
- Tenants told of need to raise rent at market
- Broadway Market merchants bristle at rent increase
- Rents Going Up At Broadway Market?
Related Buffalo News stories over the past couple of months…
- Broadway Market move is on the table
- Broadway Market and condition of neighborhood inextricably linked
- Check-cashing firm to replace KeyBank in Broadway Market
- Broadway Market plans forum to rebut claims that it may close
- Broadway Market managers seek funding from city
- It’s time to ‘reimagine’ the struggling Broadway Market — or else
- Past and Present: Broadway Market and Lexington Co-Op
- Neighborhood Dining: It’s time to eat locally
- Two Broadway Market vendors leave; anchor lease eyed
- Mayor Brown mulls support for Franczyk’s Broadway Market shakeup plan
It’s tough…but not too many landlords can afford to keep rent as is in this economy.
To the vendor who says her rent will go up $60+ a month, that is NOT TRUE. Your spot costs about $300 a month, 10% of that would be $30. You might earn that money if you were open, say, Mondays!! On Saturday I went by your stand and you were closed already – it was 2:45!! On a Saturday! there were tourists in the building. Do something to attract them to your stand. Maybe I would have spent that $30.00 you need if you were there.