Buying time: Operators consider futures before remodels, new leases

Buying time: Operators consider futures before remodels, new leases

Here’s a little secret savvy restaurateurs and commercial real estate brokers keep to themselves: Some of those “closed for remodeling” signs affixed to the front of restaurants are often code for lease, landlord or franchising disputes.

Walk or drive through economically resurgent neighborhoods in Manhattan, ChicAgo’s South Loop or the various neighborhoods that make up the three cities—Durham, Raleigh and Chapel Hill—of North Carolina’s Research Triangle, and invariably you’ll see t

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