The gourmet grocer is set to pay about $20 a square foot in the first year of a proposed 20-year lease for the city-owned market. The current rate for commercial real estate around the Market House is $40 to $45, according to a local real estate agent.
City officials defended the proposed lease, saying Dean & DeLuca will spend a lot to revamp the historic structure and it's required to carry certain unprofitable...
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