The Barrel Yards | 25 fl | U/C

[tomh009]

This development is now advertising in the radio. I think they would be better off canning the radio spots and applying that money towards lower rents.

Seriously?  The rents may be too high (I can't really judge myself) but if they spend $20K on radio spots -- take that, divide it over, say, 200 units and one year, and you get a whopping $8 rent reduction per month.  I don't think that'll convince anyone.

If they are unsuccessful in signing tenants, I'm sure we will see rent reductions -- or a conversion to a condominium.