Big landlord responds to pandemic with rent forgiveness
April 1, 2020
As the coronavirus pandemic closed downtowns across North America, downtown Detroit’s biggest landlord tried something different. Bedrock, a major property owner in the struggling city’s commercial core, told tenants it wouldn’t collect their rent. The most generous rent forgiveness terms go to small businesses, while bigger companies can get smaller breaks. “It is going to…To read more — login/subscribe
A creative effort in St. Petersburg, FL, is supporting local healthcare workers and downtown businesses. The online Edge Guide selects one restaurant and one hospital or healthcare provider to participate each day. Meals are purchased from downtown businesses and delivered at no cost to the healthcare providers. As of late March, the program had raised…