Local Governments Move In On Retail Vacancies
PYMNTS
MARCH 17, 2020
The DEO “seeks concepts and an operator to program the space to boost innovation and entrepreneurship, demonstrate creative placemaking and feature the Made in Fairfax Network. Arlington, Massachusetts, passed a measure in 2017 that fines landlords $400 annually for each vacant storefront. Even smaller cities are opting for such taxes.
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