Question
Hi, I could use some guidance. The first rent payment on our new George Morton bar concession in the downtown Voyager Hotel is due. Given
Hi,
I could use some guidance. The first rent payment on our new "George Morton" bar concession in the downtown Voyager Hotel is due. Given what the Voyager did tous-should we seek a credit?
First, as you may recall, Voyager contracted to give us possession of the space by October 1 so we'd have 60 days to for the build-out, and move in our stuff, for opening on Dec.1 (Xmas parties are booked!) Of course, Voyager didn't give us possession until Nov 1. As it happened, our custom mantel mirror from Ireland unexpectedly arrived a month early, on Oct.5 instead of November 5. Because Voyager denied us access in October, we had to rent warehouse space to store it for a month, which, combined with the special trucking fees (because of the glass), cost us $2,700.
Then, there's the bathroom wall tile. In the build-out agreement Voyager had to give us ceramic. Instead, they gave us carbon fiber which looks good, I must admit. But carbon is $17 per tile, ceramic is $53. The difference in value there is not less than $12,500.
Together, we've taken a $15,200 hit. I'd like to take that amount off our first rent payment as a "credit." Wouldn't' we win these amounts if we sued them for breach of the lease and build-out agreement? Thoughts?
Word count should be about 200 (+/-50) (roughly the same length as this prompt). Follow IRAC or no credit will be given. (You should, however, not lable the paragraphs with the words or letters I-R-A-C.)
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