Shiller-Lavy: the figures don’t add up
Regular blog participant DeWolf has a good piece on CultMTL about the S.W. Welch/Shiller Lavy story.
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Kate
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PO 13:26 on 2021-03-01 Permalink
If both parties are taking their fight public, they need to cough up proof of what’s being charged – alleged and actual. One says 20%, one says 150%. Nobody should be doing business by verbal contract anymore, so show me the correspondence and the leases.
dwgs 16:31 on 2021-03-01 Permalink
PO, what reason would the bookseller have to lie?
DeWolf 16:41 on 2021-03-01 Permalink
Thanks for sharing, Kate!
PO, I go through the math in my story.
Welch currently pays $2000 gross. Shiller-Lavy is asking for $3000 *net* which is a 40% increase. The catch is that they want Welch to pay taxes, maintenance and insurance on top of the rent, which would add another $2000 to the bill – making it a 150% increase in total.
Lavy justified this by saying the building’s value is going up and taxes will be much higher. But according to the city’s tax records (which are public – anyone can consult them) the tax bill has actually decreased for 2021.
Emily Gray 16:44 on 2021-03-01 Permalink
Lavy is proud of a goddamn Lululemon store?
Pretty telling.
Alex 17:29 on 2021-03-01 Permalink
Lavy sounds like the worst
Kate 10:12 on 2021-03-02 Permalink
Lavy clearly has no shame about being uncultured, at least. What use are books when you have all the money?
Meezly 20:57 on 2021-03-02 Permalink
A little late as I just came across this. This isnews to me, but maybe not for some of you. But an insider perspective on how Joe Beef and Swiller Lavy used aggressive tactics to evict Lili&Oli Cafe: http://headspacepress.com/joe-beef-and-the-unfortunate-appeal-of-ignorance/?fbclid=IwAR0NR-GjEs-F4l1gs7qLqsZ0OjcNyuCY9MBAyoSI9NQyy9_yGWJQd4R4T1s
Francesco 01:33 on 2021-03-05 Permalink
Oui Papa!