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Daily Archives: September 11, 2014

Pay Up Or Move Out: Echo Park and Silver Lake business owners have few options as rents jump

From corner groceries in Echo Park to hair salons in Silver Lake, many small business owners have either moved out, closed down or paid up as rents have spiked. Since the city’s rent control laws don’t apply to commercial space, business tenants without a lease are at the mercy of landlords, who can raise the rent as much as they want to take advantage of gentrifying shopping and commercial strips. Read More »