I noticed that the windows on the vacant Main Street retail stores formerly occupied by the pizza and donut shop had been frosted over and inquired why of RIOC President Steve Shane as well as asked for an update on any progress concerning renting of these long empty stores. Mr. Shane responded:
To give a better appearance to the vacant stores. No progress other than we have obtained a fair market value appraisal from an appraiser and are prepared, in conjunction with the real estate advisory committee of the Board, to proceed to issuing an RFP for the vacant stores to which either individual prospective tenants may apply or a master leaseholder may respond. Until the committee meets and we deliberate, too soon to know. Scheduled for 6 this evening.
Yes, the Public Authorities Act is still a problem.
Here’s more on the problems regarding leasing the Main Street retail space and an excerpt of an interview with DHCR Commissioner VanAmerongen from the Main Street WIRE:
