Tyco to delay rental of Doodle space
Co-landlord will wait two months, giving restaurant ‘ample’ time to reopen, rethink business plans
Tyco owner and co-landlord Mike Iannuzzi announced Monday he would not put the Yankee Doodle Coffee Shop space back on the market for two months in order to give the diner “ample time” to reopen.
#2
By Herodotus (Unregistered User)
2:54pm on February 6, 2008
This post^ is so self-evidently written by Tyco people themselves. No Yalies even know the name of the people who run Tyco, and 99% of Yalies blame Tyco for overcharging for course packets.
I personally would love to see Yale professors post all documents online. This would save trees and put Tyco out of business once and for all.
#3
By Dara L.
4:00pm on February 6, 2008
@Herodotus: The name of the family is in the YDN article, so the fact that the previous poster knew it just indicates that he/she read the piece.
#4
By (Anonymous)
11:31pm on February 6, 2008
Still, Tyco does overcharge for course packets. A Yale office to post all course packets online would be a great idea.
McKee is grossly misstating retail and commercial leases. All of these pass-through charges are very common amongst 'triple-net' leases.
I feel horrified at what the Tyco owners are going through. They are outstanding business leaders in the community with rights granted them as landlords. They are helping, and through out of context quotes and slanders by the "Save the Doodle" groups, they are having their faces ran through the mud.
By all means Save the Doodle. I need my cheeseburgers. I love my egg and cheese. My first meal with my roommates freshman year was in the Doodle. But the YDN and the groups leading the salvation of the Doodle cannot ruin a good family's name (Iannuzzi) with poor reporting.
What sort of expert or knowledge does McKee have?
“All the costs are being shifted onto the Doodle, including the maintenance, including the repairs and even a large portion of the taxes levied on the building, property taxes,” McKee said. “That’s not a normal rental agreement. If you’re going to make all of those things outside fees, paid independently, then the rent should be lower than the regular market.”
The market rate is defined in negotiations, and triple-net leases are 100% common, including heating/cooling etc.
YDN - check your facts, get opposing view points, and get an expert. I'm surprised the Tyco family doesn't come after your organization and McKee. I'm not a lawyer, but this sounds within the realm of libel to put public pressure onto a landlord to lower its rent. Landlords, like tenants, have the option of offering leases. If Beckwith didn't like the proposal, he walks. That's the Doodle's choice.