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Showing posts with the label rent increases

Business changed during COVID, but Lisa's rental didn't. So he moved to the corner

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In Williamstown, about 10 kilometers southwest of Melbourne’s city centre, Lisa Malkin Hill helped run the family clothing store that traded in Douglas Parade for 27 years. Last year, he said they had no choice but to move about 200 meters round the corner because they could no longer afford the rent. He said they found it very difficult to negotiate with their landlords when the pandemic hit. “We need their help,” he said. “Given we’ve been good tenants for a long time. Will they work with us so we can both survive?” After months of negotiations, the business was finally able to reach a secret lease assistance agreement with the owner. The homeowner said COVID had also affected him greatly. Lisa Malkin Hill said the storefront she left in Williamstown remained empty a year after she moved her business. ( ABC News: Scott Jewel ) Some suburban rental like city rates When Ms Malkin Hill’s lease ended, they left the property in search of a more reasonable lease. “The rent in Williamstown