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Schiendelmantoday at 8:35 AM4 repliesview on HN

I actually think there's a business to be had here.

As described, the landlord can't offer a traditional lease for the actual value of the space.

However, the landlord could offer essentially day rentals without creating a lease. There are systems for this already, such as Peerspace and their ilk, which I've used for small events. I believe these don't trigger the foreclosure clauses.

I think that a property management company managing deeply underwater buildings could play in this, reducing their cost structure by offering day rates. They've often already got a solid NFC entry system. Most of what you need is automated pricing, onboarding and offboarding, and figuring out how you avoid needing physical cleaning/setup/teardown overhead.


Replies

zipy124today at 9:40 AM

I can't comment on that specific structure, but pop-up shops are one method that in the UK councils will often help vacant buildings with for exactly this reason, with the upside that they may convert into permanent tenants.

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grebctoday at 8:46 AM

I own a commercial property, I wouldn’t want to have day to day rentals.

I don’t enjoy dealing with property management or the fees they charge.

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mstadetoday at 8:51 AM

So, wework? :o)

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yellow_leadtoday at 9:33 AM

well, isn't the rent estimated as the daily rate * 30 then?

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