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Author Topic: El Rico Tinto Gone  (Read 9812 times)

Offline am315

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Re: El Rico Tinto Gone
« Reply #60 on: October 09, 2018, 05:16:28 PM »
If you saw a Marshal's Legal Possession notice on the front window of the place that usually means the tenant had stopped paying the rent and likely hadn't paid for many months.

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Offline abcdefghijk

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Re: El Rico Tinto Gone
« Reply #61 on: October 09, 2018, 08:46:20 PM »
Quote from: deja on October 09, 2018, 12:52:10 AM
Quote from: abcdefghijk on October 08, 2018, 08:18:27 PM
For instance that Japanese restaurant next to Letys called OKAWA that always seems pretty empty.  They should open a Japanese grocery in the restaurant as well.

I think most of Okawa's business is takeout/delivery.

Maybe.  But I imagine that OKAWA would be mighty pleased to have a buzzing restaurant with filled tables as well.  Instead of the mostly empty ones I often pass by...

It's like a Catch-22 situation.  I'm unlikely to enter an empty restaurant.  I figure it's no good and maybe the food isn't fresh too.
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Offline Kali

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Re: El Rico Tinto Gone
« Reply #62 on: October 16, 2018, 03:32:12 PM »
Quote from: JHMNY on October 01, 2018, 06:36:35 PM
El Rico Tinto posted the following to Instagram:




So sad - It doesn't sound like it was a rent increase type of thing
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Offline ljr

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Re: El Rico Tinto Gone
« Reply #63 on: October 16, 2018, 08:09:56 PM »
Maybe there was no increase but just an inability to make ends meet and continue to pay the existing rent. As someone pointed out, it's hard to evict tenants and takes a long time to go through the legal channels. I have no idea how it might differ for commercial tenants, but my impression is that sometimes rent is not being paid for a long time before an actual eviction can occur. I'm not sure what it takes to end a commercial lease--would it just be non-payment of rent? Or could the landlord end the lease for other reasons?
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Offline Kali

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Re: El Rico Tinto Gone
« Reply #64 on: October 17, 2018, 02:16:21 PM »
Quote from: ljr on October 16, 2018, 08:09:56 PM
Maybe there was no increase but just an inability to make ends meet and continue to pay the existing rent. As someone pointed out, it's hard to evict tenants and takes a long time to go through the legal channels. I have no idea how it might differ for commercial tenants, but my impression is that sometimes rent is not being paid for a long time before an actual eviction can occur. I'm not sure what it takes to end a commercial lease--would it just be non-payment of rent? Or could the landlord end the lease for other reasons?

Yeah it might be sudden for us but maybe the restaurant owners saw it coming or had received notices. Violating a clause in a lease agreement can lead to eviction and landlords can decide not to renew an agreement. But given that there was a marshalls notice, it must have been an ongoing matter that was taken to court.
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