Owner regrets Kmart leaving
| By Mark Todd, Star Beacon, Ashtabula, Ohio | |
| McClatchy-Tribune Information Services |
"The landlord absolutely regrets the store has to be closed and the subsequent (losses) that everyone involved are going to endure,"
On Monday, Kinzie expanded on his comments, saying harsh weather created ice that caused heavy damage.
"The roof went crazy," he said. "It destroyed the roof. Up until then it was fine."
Citing the roof situation,
Two other businesses in the plaza have experienced leaks, too, but not to the extent of
Last week,
Fixing the roof would cost an estimated
Attorneys are working with the plaza's insurance carrier, but the outcome is unsure -- and so is the plaza's future, Kinzie said.
"We don't know where we're going with it," he said. "We're in a state of flux."
Kinzie said there's no telling how long it will take to learn if insurance will cover the roof repair and save that portion of the plaza.
"We're waiting for other people," he said. "There's a lot of frustration on our part."
The company is also unhappy with the city, which over the years has promised to help find tenants but hasn't delivered, Kinzie said. He also emphatically denied the owner has no interest in salvaging the plaza, which opened in 1981.
"We recently reduced the rent for
The plaza is a valued source of income, and shutting it down wouldn't make economic sense, Kinzie said.
"We're losing millions of dollars (in business)," he said. "We're not in favor of closing."
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(c)2014 the Star Beacon (Ashtabula, Ohio)
Visit the Star Beacon (Ashtabula, Ohio) at www.starbeacon.com
Distributed by MCT Information Services
| Wordcount: | 535 |


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