December 23, 2020
One side effect of the hardships imposed upon brick-and-mortar businesses during the Covid-19 pandemic is the potential for lost income for coop buildings with an attached commercial space. If a business is experiencing difficulties, it can lead to tough decisions for the coop, including whether to increase maintenance to cover the gap, or potentially face a difficult-to fill commercial vacancy. This article from the New York Times covers this issue in detail – we recommend checking it out here if you are interested.