So if you think real estate is bad here and getting worse.......
How about what could be the reason I received this SPAMmail from Moscow ? ? ? ?
From: Осип (Иосиф) Виталий [mailto:firstname.lastname@example.org]
Sent: Monday, February 16, 2009 11:34 AM
Subject: Premises for night club in Moscow
Premises for lease (1000 sq m). The premises of the former restaurant on the 2nd and 3rd floors in an A-class building in the centre of Moscow near metro stations Chekhovskaya, Pushkinskaya, Tverskaya.
Power capacity is 700 kW. Panoramic view elevator for 40 persons. Modern architectural conception of the restored in 2002 monument of history and architecture (total area 5649 sq m). Ceiling hight - 3,5 - 4m. One possessor of right.
Possible usage: bank, stock exchange, restaurant, karaoke or nightclub, exhibition halls, offices, marriage agency, producer centre, model agency, dance school, fitness club etc.
Time of lease - by agreement
Rental rate - USD 900 per sq m a year, including VAT
Utility payments and operating costs - on actual basis
You can contact us via e-mail: email@example.com or phones+7 926 111 78 58 ; +7 495 699 3858 ; +7 495 699 7236 ; +7 495 699 3205
Only $75,000 a month rent!
And what is a marriage agency and how is it lucerative enough to foot that rent?
I like how in Moscow a dance school or fitness club can make as much money as a bank or stock exchange. What kind of dances are they teaching?
I'd like to just rent out the "panoramic view elevator for 40 persons." Then I would get Daddy and Sammy Jo to DJ in it and call it the Rise and Fall Club.