Updated over 7 years ago on . Most recent reply
commercial lease leverage
The lease on a commercial space I have rented for 7 yrs is up for renewal. Problem is 6 months ago new building owner took over. He is taking full advantage. Increasing rent by 20%. I know I have the leverage of threatening to rent elsewhere, problem is, with my biz (laundromat) - elsewhere is a big expensive ordeal that isn't feasible. So other than bluffing and threatening to leave (even though i really can't), what other leverage do i have?