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One thing is for sure, if Twitter ever is looking for new space they will have trouble finding a commercial landlord willing to lease to them. Perhaps a smalle
by iancmceachern 4y ago
One thing is for sure, if Twitter ever is looking for new space they will have trouble finding a commercial landlord willing to lease to them. Perhaps a smaller space in the same area as a larger space they had but closed, this behavior makes it more difficult to do business int he future for them.
- DoesntMatter22 4y agoLol no they won't. They are desperate for anyone they can get
- iancmceachern 4y agoNot really. Sears and JcPenny's are desperate for customers, but they're not giving stuff away. The 10% return they get from liquidating the inventory and store fixtures. Same here. Liquidating the vacant property, even at a net loss (which likely wouldn't be the case, if they've owned the property for more than a few years they likely would walk away net positive) would be the best course of action, not giving free rent to a billionaire.
- DoesntMatter22 4y agoWhat an inapplicable analogy
- kibwen 4y agoIt's true that commercial landlords are desperate, but even the most desperate landlord isn't making any money if their tenant isn't paying. That is, unless the business model is "rent to Elon Musk, then make a profit on the lawsuit when he inevitably stiffs you".
- DoesntMatter22 4y agoThis is some sort of dispute, I'm not sure over what but it's not related to solvency.