Property Grunt

Tuesday, February 28, 2006

Lease Renewal

I recently received my new lease and attempted to negotiate the rent with my landlord who absolutely refused. He stated that fuel costs and taxes have hit the roof so there was no way in hell he could give me any concessions.

Despite the massive windfall that Bloomberg has gathered from real estate it seems that he is still squeezing every penny he can. Is anyone else having problems renegotiating their lease? Can any landlords or property managers bring any insight to this subject?

Yes. I am resigning the lease but I am looking to buy.