When you're behind on the rent...

[TangoWhiskey]

...it's not usually a good thing...

http://www.bizjournals.com/twincities/stories/2009/12/07/daily16.html

 

[wabower]

. . . for the landlord, especially if it's a municipality or Industrial Revenue Bond benefit district. It's the first salvo fired in the "we need a break on the rent if we're going to stay in this facility" soap opera

...it's not usually a good thing...

http://www.bizjournals.com/twincities/stories/2009/12/07/daily16.html

 

[TangoWhiskey]

Yeah, my first thought was "negotiating tactic" as well.

 

[flyersfan31]

. . . for the landlord, especially if it's a municipality or Industrial Revenue Bond benefit district. It's the first salvo fired in the "we need a break on the rent if we're going to stay in this facility" soap opera

No doubt. Here comes the extortion demand....

 

[Geico266]

I'm sure laying off all those employees (58 in the latest round) and cutting the remaining employees to 30 hours a week is tatic so they can renew the lease also.

 

[Dean]

I know they owed an Oklahoma based aviation company money and they ended up giving them two or three SR22's, maybe the city needs a few airplanes too!

 

[Geico266]

I know they owed an Oklahoma based aviation company money and they ended up giving them two or three SR22's, maybe the city needs a few airplanes too!

Hmmmmmm, The good ol barter system.

 

[wabower]

Employee levels are short-term strategies. Lease negotiations are different.

I'm sure laying off all those employees (58 in the latest round) and cutting the remaining employees to 30 hours a week is tatic so they can renew the lease also.

 

[timwinters]

They probably don't have any money left over after paying their heating bill!