Talk of the Point

A man around the Point who should know thinks the Subway near-miss will probably happen again and again.

Rentals in the Point have always ridden a roller-coaster, he says. But in his long time here he’s never seen so many spaces open for so long.

Landlords could have invited in franchises. But they didn’t out of patience. Now that mood is now wearing thin. Building owners have been refinancing mortgages, he says, and they’ve got an extra payment each month.

Would-be Subway landlord Mark Howe held that chain off as long as he could. Miraculously, a more suitable tenant appeared just in time to occupy his Bank of Richmond Building.

But that was just one building, one landlord, one stroke of luck.

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