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Author Topic: El Rico Tinto Gone  (Read 9819 times)

Offline hfm

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Re: El Rico Tinto Gone
« Reply #15 on: October 02, 2018, 12:10:43 AM »
I'd love to know details on what "our landlord will not let us stay" means.
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Offline MrPlaza

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Re: El Rico Tinto Gone
« Reply #16 on: October 02, 2018, 07:49:50 AM »
Holy shit. This is insane. How could this have happened without any notice? I really want to know the full story. Anyone with a direct line of contact to either party?
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Offline ljr

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Re: El Rico Tinto Gone
« Reply #17 on: October 02, 2018, 08:14:10 AM »
We don't know if it happened without any notice. It was a surprise to the public, but probably not to the business owner. Whatever the issue (late rent? rent increase? who knows?) I would think it was not a sudden, unexpected event. 
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Offline BennyB

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Re: El Rico Tinto Gone
« Reply #18 on: October 02, 2018, 12:15:49 PM »
Quote from: hfm on October 02, 2018, 12:10:43 AM
I'd love to know details on what "our landlord will not let us stay" means.

My guess is rent raise
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Offline jeanette

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Re: El Rico Tinto Gone
« Reply #19 on: October 02, 2018, 12:20:00 PM »
Quote from: BennyB on October 02, 2018, 12:15:49 PM
Quote from: hfm on October 02, 2018, 12:10:43 AM
I'd love to know details on what "our landlord will not let us stay" means.

My guess is rent raise

I think it's bad blood. The landlord/management just wants the rent with no hassles. No demands, no requests, no complaints, no issues, no costs to them. LL/Mgt holds all the cards.
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Offline jeanette

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Re: El Rico Tinto Gone
« Reply #20 on: October 02, 2018, 12:55:01 PM »
Quote from: toddg on September 27, 2018, 09:02:56 PM
Here's my fantasy: El Rico Tinto and the Arepa Lady form a partnership and share the old City Coffee space.

Good idea, toddg.

El Rico Tinto was too small anyway.
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Offline cultartist

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Re: El Rico Tinto Gone
« Reply #21 on: October 02, 2018, 03:22:00 PM »
Does anyone think there will come a time when it’s not more beneficial for a landlord to keep an establishment vacant and get the tax writeoff? I ask this not facetiously of rhetorically. I really wonder.
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Offline jasonic

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Re: El Rico Tinto Gone
« Reply #22 on: October 02, 2018, 05:34:55 PM »
that is such an unsightly block.  Seriously how can an old photo store (who uses that anymore with today's tech) and a laundromat keep going but the 2 places that were relatively busy can't afford the rent? 

my friends' coffee shop in hipster bedstuy's rent is only 3500/mo where the empty space btw 76/75 on 37th was asking 9000. Which neighborhood do you think is busier for coffee??  9000?  it's jackson heights.  does the sari place with 2 storefronts pay 18000?  curious
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Offline ljr

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Re: El Rico Tinto Gone
« Reply #23 on: October 02, 2018, 07:55:02 PM »
Re: the comment about the landlord just wanting the rent with no "complaints" or other issues--can the landlord abruptly evict a leaseholder because of "complaints" or other issues? I would think not. Isn't a lease an agreement that if the rent is paid and the tenant complies with whatever laws he/she has to comply with--the tenant gets to stay in the space? This comments seems quite speculative--how do we know that the rent and taxes were being paid and that the tenant was somehow being annoying to the landlord--which is the theory portrayed in the comment?
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Offline jeanette

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Re: El Rico Tinto Gone
« Reply #24 on: October 02, 2018, 09:36:38 PM »
"how do we know that the rent and taxes were being paid "

That may be the case.

I did some reading earlier on this issue. I don't remember where, maybe nyc marshal's web site; I looked at a few.  I read that lessee's do not have protections like tenants in residential housing court. If the business is not complying in accordance with the terms of the lease (of which we don't know), then, well, below is what popped up in a quickee internet search just now: A lessee is a person who rents land or property from a lessor. The lessee is also known as the "tenant" and must uphold specific obligations as defined in the lease agreement and by law. The lease is a legally binding document and if the lessee violates its terms he or she could be evicted. https://www.investopedia.com/terms/l/lessee.asp

There's no reason to think it was abrupt, either

I'm not trying to blame anyone. I want to make that clear. Whatever happened, I don't think anybody did anything intentionally harmful or inappropriate.
« Last Edit: October 02, 2018, 09:51:17 PM by jeanette »
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Offline Simka

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Re: El Rico Tinto Gone
« Reply #25 on: October 04, 2018, 09:42:18 AM »
Quote from: jeanette on October 02, 2018, 09:36:38 PM

There's no reason to think it was abrupt, either

To me it seemed abrupt because both El Rico Tinto and Growing Farms were shuttered without either of them putting up a sign saying they'd be closing soon (or even "Sorry, we had to close!"). And so far I haven't heard that they were telling customers about having to close. Since they were both shuttered suddenly, it seems as if the proprietors were taken by surprise. I realize that we have no idea what was going on behind the scenes, though.
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Offline jeanette

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Re: El Rico Tinto Gone
« Reply #26 on: October 04, 2018, 11:12:37 AM »
Quote from: Simka on October 04, 2018, 09:42:18 AM
To me it seemed abrupt because both El Rico Tinto and Growing Farms were shuttered without either of them putting up a sign saying they'd be closing soon (or even "Sorry, we had to close!"). And so far I haven't heard that they were telling customers about having to close. Since they were both shuttered suddenly, it seems as if the proprietors were taken by surprise.

You can't by law evict a lease holding tenant without notice. At the very least, three days.

However, there is the possibility that the business(es) did not have a lease. And that they were there knowing that it could/would end at any time.
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Offline dssjh

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Re: El Rico Tinto Gone
« Reply #27 on: October 04, 2018, 11:16:04 AM »
Jeanette's last note seems like a very plausible scenario, particularly for El Rico Tinto. i believe they bought an existing lease four years ago, and perhaps were in renegotiation mode that went wrong. i also have no insider info, but an expired lease (with possible unwillingness to renegotiate terms) is certainly possible.
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Offline ljr

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Re: El Rico Tinto Gone
« Reply #28 on: October 04, 2018, 10:55:35 PM »
From a post on JH Families:

As we suspected, the landlord raised the rent above and beyond the capacity of El Rico Tinto to  pay and so they had to close.  It is likely that this is the reason that nearby Growing Farm had to close as well.
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Offline abcdefghijk

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Re: El Rico Tinto Gone
« Reply #29 on: October 05, 2018, 12:14:19 PM »
 :(

Their queso bread was a winner.
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