A few years ago, Benderson Development decided that they would buy up half of the state of New York. At the time, I leased a small shopping plaza from Benderson. You would think that when the recession hit, leasing prices would reflect changes in the overall market. Yet, because of Benderson Development’s upscale clientele, they decided to keep prices fixed beyond what many hardworking tenants (like myself) could afford. Their motto has got to be, “Screw the hard-working middle class. Long live the rich.”
On April 10th, my office was the last space in the plaza to be closed. I watched my fellow businessmen and neighbors lose their companies and spaces as well. Today, nearly 10 spaces are open to lease – but beware, Benderson Development engages in illegal price fixing. They have attempted to dominate the market – and sadly, have done so very well. If you rent with them, you are setting yourself up to pay payments that are well above market share.
Have fun with that. I am a loving father and a good Christian man. I don’t think that I have ever posted on one of these things before, but I felt the need to speak up and warn others out there about these @$$holes. Beware of Nathan Benderson and Benderson Development!!