One Young (née Mayfair Hotel) | 5 fl | Complete

[tomh009]

Surely if they aren't able to find tenants, the rates are too high and are not really reflecting the market?

It may well be that the rents are unrealistic, and will have to come down. Or it may be that there isn't enough demand for retail businesses to locate downtown. And the two are not entirely unrelated.

But that's distinct from the argument that landlords are refusing to rent to independent businesses.