cawacko
Well-known member
Kind of a weird way to frame this. If a tenant doesn't renew you lose the potential future income but you never had a contract with them from which you are losing money. And because a tenant doesn't renew doesn't necessarily mean you lose income because you can sign a new lease with a new tenant at a much higher rate. However in NYC I have to imagine rates have dropped quite a bit because who is going to pay a premium in a City that isn't open? So not an optimal time to have leases expiring.