How to Save Dive Bars From Rent Hikes? Call Them Landmarks

San Francisco lawmakers want to save small businesses and nonprofits by treating them similarly to architectural landmarks
Torbakhopper/flickr

The Roxie Theater has been showing movies in San Francisco’s Mission District since 1909. Now the city’s longest-running cinema is bracing for a rent hike that threatens its existence. The theater's current lease expires in June, and spiking real estate prices could more than double what it pays, says Isabel Fondevila, director of the Roxie, which operates as a nonprofit.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.