Herlocher purchased the Foster Bldg back in the spring/summer.
They attempted to negotiate a lease for months with the Gastigers, something that the skellar/spats hadn't had since 2011.
At an impasse, Herlocher found someone else willing to rent the space via a market-driven lease.
Yesterday, without notice, the Gastigers put out a PR that said their "lease wasn't renewed". That's BS. They were not willing to pay the rent that the landlord thought was fair. It's especially BS, since they didn't even have a lease.
Herlocher quickly released a response that didn't satisfy the angry mob. You'd think that after the media and onlookers took down PSU based on little facts or evidence, the PSU community would reserve judgment until some facts were known, but no. The angry PSU mob grabbed their keyboard torches and pitchforks and mobilized. Despite spending somewhere between $0-40 annually at the skellar, angry alums saw it their duty to tell a local business how they should operate, despite not having any idea of the health of the skellar or why negotiations failed.
Anyway, Herlocher has now released a second open letter after conferring with the new tenant that clarifies intentions for the space. Hopefully you can all go back to more productive activities of slamming Pitt, monitoring flight aware, and outing the newest handles of banned board members.
http://www.statecollege.com/news/lo...ate-college-and-penn-state-community,1474729/
They attempted to negotiate a lease for months with the Gastigers, something that the skellar/spats hadn't had since 2011.
At an impasse, Herlocher found someone else willing to rent the space via a market-driven lease.
Yesterday, without notice, the Gastigers put out a PR that said their "lease wasn't renewed". That's BS. They were not willing to pay the rent that the landlord thought was fair. It's especially BS, since they didn't even have a lease.
Herlocher quickly released a response that didn't satisfy the angry mob. You'd think that after the media and onlookers took down PSU based on little facts or evidence, the PSU community would reserve judgment until some facts were known, but no. The angry PSU mob grabbed their keyboard torches and pitchforks and mobilized. Despite spending somewhere between $0-40 annually at the skellar, angry alums saw it their duty to tell a local business how they should operate, despite not having any idea of the health of the skellar or why negotiations failed.
Anyway, Herlocher has now released a second open letter after conferring with the new tenant that clarifies intentions for the space. Hopefully you can all go back to more productive activities of slamming Pitt, monitoring flight aware, and outing the newest handles of banned board members.
http://www.statecollege.com/news/lo...ate-college-and-penn-state-community,1474729/