Home Canada Rent dispute continues between the Bay, Penticton’s Cherry Lane Browsing Centre

Rent dispute continues between the Bay, Penticton’s Cherry Lane Browsing Centre

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Rent dispute continues between the Bay, Penticton’s Cherry Lane Browsing Centre

The Hudson’s Bay Firm appears to be like to receive reached a tentative truce with Cherry Lane Browsing Centre after being threatened with eviction honest before Christmas.

The Bay, which is on the hook for on the subject of $80,000 every month in rent, has filed court docket paperwork that counsel it has agreed to pay half of of its ongoing rents to the taking a explore centre and half of to a believe legend for the courts to kind out later.

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In a lawsuit, the Bay claims its landlord has failed to adopt factual pandemic safety measures or to make major upgrades reducing the risk of virus transmission.

Cherry Lane Browsing centre disputes the allegations, asserting it meets and frequently exceeds all authorities health requirements.

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In court docket paperwork, the mall also counterclaims that the store failed to pay rent for at the least nine months, piling up extra than $700,000 in back rent and taxes.

The Bay says that if it closes, extra than 60 local workers shall be laid off in the midst of a gradual economy.

The case is expected to be back before the court docket sometime in March or quickly thereafter.

In the meantime, the Bay is expected to proceed to pay half of of its rent to the taking a explore centre and the other half of in believe to its lawyer till the events attain an settlement or the court docket makes an allege.

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Pandemic creates dispute over rent payments at Hudson’s Bay


Pandemic creates dispute over rent payments at Hudson’s Bay – Nov 25, 2020


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Rent dispute continues between the Bay, Penticton’s Cherry Lane Browsing Centre