Another Mile End business priced out
The Arts Café on Fairmount joins the list of independent businesses priced out of Mile End. This time it isn’t Shiller-Lavy but an unnamed independent landlord who’s after more cash.
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Kate
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DeWolf 19:37 on 2021-03-27 Permalink
Valerie Silva at Eater Montreal identified the landlords as a couple that doesn’t own any other properties. The Arts Café owner is quoted as saying they begged her to stay after she had started packing up but by then it was too late to make amends. She thinks they were misled by a property broker or someone else they are working with, which doesn’t surprise me. Sounds like they took a gamble that didn’t pay off and now everyone is paying the price.
Chris 23:57 on 2021-03-27 Permalink
I don’t follow such things, but I’d think with the pandemic, and the restrictions imposed because of it, not too many new businesses are looking to open or move right now. The landlords may have trouble finding a new tenant.
Meezly 11:01 on 2021-03-28 Permalink
@DeWolf, can I share what you said to a Plateau parents group, because many are concerned about their neighbourhood and what had happened to the Arts Cafe.
DeWolf 12:23 on 2021-03-28 Permalink
It’s probably better just to share the Eater article I was referring to!
https://montreal.eater.com/2021/3/25/22350726/arts-cafe-closed-mile-end-rent-hike-eviction-montreal-restaurant
Meezly 09:31 on 2021-03-29 Permalink
Thanks DeWolf!