The studio is facing a 330% rent increase on its 12,000-sf spacein the city's Mission district, for which is currently pays $8,000a month. The dot-commers are drafting business plans and marketingstrategies to attract philanthropists and allow the dance center tokeep its space.

The center has a deadline of December 2001, by which point itmust vacate. Both cash and stock are being accepted to help thestudio meet its new rental obligations.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.