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Monday, April 6, 2020

Plainfield landlord to tenant: Get a lawyer


Logo of Plainfield's largest commercial property owner.


Under Gov. Murphy's strict shelter-in-place rules, many of Plainfield's small businesses are shuttered, their employees laid off, their livelihoods cut off.

While elaborate care was taken by the Governor to deal with homeowners' mortgages and renters' issues (see here), small business got 'a lick and a promise'.

One restaurant owner confided to a customer who came to pick up a take-out order that their business was down 50% -- and that if it stayed there they could survive, but if it fell they would be out of business.

Then we have Plainfield's largest commercial property owner and manager -- Paramount Assets.

A number of years ago as it became noticeable Paramount was buying up a lot of downtown, I asked a Mapp administration official if they thought it was a good thing to have so much of our commercial property in the control of one company. All I got was a shrug.

When the owner of a popular downtown business approached Paramount recently about forbearance on the rent, they were told "get a lawyer."

Downtown could be in for big trouble if that is the attitude and there are very many businesses who find making the rent difficult -- or impossible.

Suddenly, all those smiling ribbon cuttings look hollow if there is no help for merchants.




  -- Dan Damon [follow]

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