The seemingly endless rise in rent is causing concern among real estate brokers who represent tenants.
City Life is not a law firm and does not legally represent former tenants and owners.
Q. With all the services you offer, you have come to represent both landlords and tenants.
Still, some brokers who represent smaller tenants say that interest has picked up notably since ground was broken for Target's store.
Owners oppose "opening the books" to accountants representing tenants.
But environmental agencies resisted that as threat to wildlife and a group representing tenants threw up roadblocks.
As such, members of the board who represent tenants are likely to push for no increases at all.
Their rents could double or triple in the next couple of years, according to several brokers who represent tenants in the commercial office market.
Groups representing both tenants and landlords said today that they were disappointed the revisions had unraveled.
Cresa exclusively represents tenants for their commercial real estate needs.