Many tenants of 450 Harrison Ave came into the studio to find a new lease shoved unceremoniously under the door. On December 1st rent is going up. BIG RED isn’t very good at math, but it looks like about a 20% increase over the previous agreement.
It’s a three-year lease, so nothing dramatic can happen, but even long-term residents of 450 are starting to wonder if they’re getting what they’re paying for.
Image courtesy of James Manning.