Rik,

What do you get with a 99 year lease that a shorter lease wouldn't do as
well, other than number of years?
What options if any do you have for an out, other than the nonprofit entity
closing down?
Is the lease a token dollar amount like $100 per month, did you bid for it
along with other nonprofits for a somewhat reduced rate, or is it market
rate?

Thanks, Alex

On Tuesday, May 9, 2017, Rik Ahlberg <rikahlb...@gmail.com> wrote:

> We are negotiating a 99-year lease on a municipal building for an
> arts-focused creative workspace. It's a nonprofit effort which will have a
> signifigant education and economic development focus, so it different from
> a typical coworking space.
>
> You can find out more about Provincetown Commons at our web site:
> http://commonsptown.org
>
> Cheers,
> Rik
>
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Alex Linsker | Business Owner
Collective Agency <http://collectiveagency.co/>
(503) 517-6900 office | (503) 369-9174 mobile
3050 SE Division, Suite 245 | Portland Oregon 97202
1410 SW Morrison, Suite 850 | Portland Oregon 97205

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