1 00:00:01,360 --> 00:00:06,360 Speaker 1: It's Night Side with Dan Ray on WBS Boston's news radio. 2 00:00:07,120 --> 00:00:13,840 Speaker 2: Well, there's some interesting developments in Cambridge. And I don't 3 00:00:13,840 --> 00:00:16,239 Speaker 2: want to suggest that what's going on in Cambridge is 4 00:00:16,280 --> 00:00:19,239 Speaker 2: the canary in the coal mine or the coal shaft, 5 00:00:21,360 --> 00:00:24,000 Speaker 2: but I think they might be. We are in a 6 00:00:24,040 --> 00:00:27,240 Speaker 2: situation here in Massachusetts where a lot of federal programs 7 00:00:27,280 --> 00:00:30,720 Speaker 2: are being cut, which is going to put increased pressure 8 00:00:30,840 --> 00:00:36,160 Speaker 2: on communities across Massachusetts. Massachusetts is not the favorite state 9 00:00:36,640 --> 00:00:39,639 Speaker 2: of the current administration. I think most of us realize that. 10 00:00:40,880 --> 00:00:43,880 Speaker 2: And there's all who are still in the middle now 11 00:00:44,280 --> 00:00:48,680 Speaker 2: going into the fourth week of the government shutdown, which, again, 12 00:00:49,000 --> 00:00:52,000 Speaker 2: without getting into who's at fault or whatever, that is 13 00:00:52,040 --> 00:00:57,440 Speaker 2: not good news for Massachusetts or communities in Massachusetts. And 14 00:00:58,240 --> 00:01:03,320 Speaker 2: Cambridge is starting to feel a problem of financial problems 15 00:01:03,840 --> 00:01:06,440 Speaker 2: and an article by Spencer Buell in The Boston Globe 16 00:01:06,480 --> 00:01:11,800 Speaker 2: Today talked about the irony of the beautiful weekend of 17 00:01:11,880 --> 00:01:15,399 Speaker 2: the Charles regard of the head of the Charles, where 18 00:01:15,680 --> 00:01:20,000 Speaker 2: local coffee shops you know, he writes, at local coffee 19 00:01:20,000 --> 00:01:24,160 Speaker 2: shops line stretched up the sidewalk, restaurants were packed, hotels booked. 20 00:01:24,280 --> 00:01:28,440 Speaker 2: Business was good, but storm clouds were approaching, and the 21 00:01:28,480 --> 00:01:31,320 Speaker 2: City Council on Monday night voted to raise the city's 22 00:01:31,319 --> 00:01:34,360 Speaker 2: commercial property tax rate by This is the words of 23 00:01:34,880 --> 00:01:37,959 Speaker 2: Spencer Buell of The Globe Staff by a STARTLINGK twenty two, 24 00:01:39,080 --> 00:01:41,760 Speaker 2: A move that will hit many smaller business is hard 25 00:01:41,800 --> 00:01:45,640 Speaker 2: and put new pressures pressure on a wealthy system city 26 00:01:46,000 --> 00:01:50,040 Speaker 2: accustomed to boom times to rethink either its generous spending 27 00:01:50,480 --> 00:01:52,120 Speaker 2: or who it asked to pay for it. I think 28 00:01:52,160 --> 00:01:56,320 Speaker 2: that that does really encapsulate the problem, and that problem 29 00:01:56,440 --> 00:01:58,400 Speaker 2: has landed at the door of a lot of people 30 00:01:58,440 --> 00:02:02,600 Speaker 2: in Cambridge, including my gune Carrie Coolsher. She's the owner 31 00:02:02,640 --> 00:02:05,360 Speaker 2: of Grendel's Den. I think everybody is familiar with Grendel's 32 00:02:05,360 --> 00:02:10,720 Speaker 2: Den and the c hag To, two locations in Cambridge 33 00:02:10,760 --> 00:02:15,160 Speaker 2: that have been very successful over the years. Carrie, this 34 00:02:15,160 --> 00:02:19,720 Speaker 2: this has to have hit you hard and other business 35 00:02:19,760 --> 00:02:23,680 Speaker 2: owners in Cambridge. You know, I'd like to hope you're 36 00:02:23,680 --> 00:02:25,680 Speaker 2: going to say, well, no, Dan, that's not true, but 37 00:02:25,760 --> 00:02:28,640 Speaker 2: I know it is true. What's the feeling in the 38 00:02:28,680 --> 00:02:33,360 Speaker 2: business community and again the small business community in Cambridge? 39 00:02:34,000 --> 00:02:35,799 Speaker 3: Hi, Dan, thank you so much for having me on, 40 00:02:35,960 --> 00:02:39,200 Speaker 3: and you know, it really is kind of a thing. 41 00:02:39,240 --> 00:02:43,359 Speaker 3: Where as you were mentioning, we are busily helping guests 42 00:02:43,400 --> 00:02:46,880 Speaker 3: who are flocking to our area for things like the 43 00:02:46,919 --> 00:02:49,639 Speaker 3: head of the Charles and the fall season, and it's 44 00:02:49,720 --> 00:02:53,640 Speaker 3: very busy right now. So this all arrived upon our 45 00:02:53,680 --> 00:02:56,960 Speaker 3: doorsteps when we're very very busy people as small business 46 00:02:57,000 --> 00:02:59,880 Speaker 3: owner as we just don't you know, we don't have 47 00:03:00,040 --> 00:03:03,280 Speaker 3: as a team that just sits thereh track's legislation and taxes. 48 00:03:03,320 --> 00:03:07,200 Speaker 3: We're running our businesses, so we actually don't really have 49 00:03:07,680 --> 00:03:10,160 Speaker 3: had We haven't really had time to understand what the 50 00:03:10,200 --> 00:03:11,800 Speaker 3: impact of this is going to be, and many of 51 00:03:11,840 --> 00:03:13,280 Speaker 3: us aren't going to know until we get a bill 52 00:03:13,320 --> 00:03:17,440 Speaker 3: from our landlord next year. So what we are seeing 53 00:03:17,600 --> 00:03:21,680 Speaker 3: is a really big number and we are already operating 54 00:03:21,720 --> 00:03:25,280 Speaker 3: as the margins, and so we are very concerned that 55 00:03:25,400 --> 00:03:27,480 Speaker 3: this is going to pass through to all of the 56 00:03:27,560 --> 00:03:31,280 Speaker 3: small businesses in a way that's going to be financially challenging. 57 00:03:31,600 --> 00:03:34,200 Speaker 2: So I know that just so people understand that, and 58 00:03:34,280 --> 00:03:37,640 Speaker 2: not everybody is a business owner, but everybody can understand 59 00:03:37,640 --> 00:03:40,240 Speaker 2: what business owners go through. You have a couple of 60 00:03:40,280 --> 00:03:45,360 Speaker 2: locations in Cambridge, you don't own the properties, no, but 61 00:03:46,520 --> 00:03:47,480 Speaker 2: you rent correct. 62 00:03:48,080 --> 00:03:51,080 Speaker 3: We rent, and we've rented at the location at Grendlston 63 00:03:51,120 --> 00:03:53,240 Speaker 3: where we've been it for fifty five years. We've been 64 00:03:53,240 --> 00:03:54,120 Speaker 3: renting the whole time. 65 00:03:54,200 --> 00:03:56,080 Speaker 2: I think we could call you a long term tenant. 66 00:03:56,680 --> 00:03:59,080 Speaker 2: I think we call you a long term tenant. So 67 00:04:00,400 --> 00:04:06,440 Speaker 2: under the lease, the real estate taxes are picked up 68 00:04:07,440 --> 00:04:09,840 Speaker 2: by you as the as the renter. 69 00:04:10,800 --> 00:04:13,200 Speaker 3: Yes, and we actually don't know what they are until 70 00:04:13,400 --> 00:04:15,880 Speaker 3: they send us a bill after the fact. So we 71 00:04:15,960 --> 00:04:18,200 Speaker 3: sign a lease and it could be five years, it 72 00:04:18,200 --> 00:04:20,640 Speaker 3: could be ten years. For a while, Grendels was operating 73 00:04:20,640 --> 00:04:22,920 Speaker 3: with a twenty year lease, which is crazy, but that's 74 00:04:22,920 --> 00:04:25,920 Speaker 3: how you stay in business for fifty five years. But we, 75 00:04:26,279 --> 00:04:28,560 Speaker 3: you know, we commit to a rent rate. And then 76 00:04:28,640 --> 00:04:30,520 Speaker 3: on top of that, every year they send you a 77 00:04:30,520 --> 00:04:35,640 Speaker 3: bill for all of their expenses, which include property tax, water, 78 00:04:35,920 --> 00:04:37,920 Speaker 3: sewer insurance. 79 00:04:37,400 --> 00:04:37,839 Speaker 4: Et cetera. 80 00:04:39,480 --> 00:04:43,920 Speaker 2: And you do that willingly, now do you. I don't 81 00:04:44,000 --> 00:04:47,719 Speaker 2: know if Cambridge is on a fiscal year that starts 82 00:04:47,800 --> 00:04:50,920 Speaker 2: on July first, or like the federal government, the fiscal 83 00:04:51,000 --> 00:04:56,599 Speaker 2: year starts in October first. When do these tax bills 84 00:04:56,839 --> 00:05:02,120 Speaker 2: issue to the owners of the properties and when did 85 00:05:02,120 --> 00:05:05,280 Speaker 2: they in turn transfer them to you? Will they start 86 00:05:05,279 --> 00:05:07,839 Speaker 2: to issue as of January first. When when is the 87 00:05:08,839 --> 00:05:09,839 Speaker 2: when's the dreaded. 88 00:05:09,960 --> 00:05:13,120 Speaker 3: They send some I think they send them and they 89 00:05:13,120 --> 00:05:16,680 Speaker 3: don't like Honestly, I don't even look. I get a 90 00:05:16,720 --> 00:05:19,760 Speaker 3: bill and start figuring out I'm gonna pay. Yeah, but 91 00:05:19,839 --> 00:05:22,320 Speaker 3: I usually get my bills sometime in the summer, like 92 00:05:22,400 --> 00:05:25,400 Speaker 3: either in the earliest, like early summer or late summer 93 00:05:25,480 --> 00:05:26,400 Speaker 3: from my landlords. 94 00:05:26,480 --> 00:05:28,800 Speaker 2: Okay, so you may be on whole amount, the whole 95 00:05:29,080 --> 00:05:32,120 Speaker 2: maybe on the July first fiscal fiscal year that starts, 96 00:05:32,200 --> 00:05:36,800 Speaker 2: so a fiscal we're now in what's called fiscal twenty six. 97 00:05:36,880 --> 00:05:38,520 Speaker 2: And I don't want to get into the weeds here. 98 00:05:38,839 --> 00:05:43,159 Speaker 2: So what are other business owners other business owners saying 99 00:05:43,200 --> 00:05:47,240 Speaker 2: about this? This is a big number. You told me 100 00:05:47,320 --> 00:05:50,320 Speaker 2: that you're paying. I think you said twelve dollars a 101 00:05:50,360 --> 00:05:52,120 Speaker 2: square foot for rent? Is that? 102 00:05:52,720 --> 00:05:53,160 Speaker 1: Yeah? 103 00:05:53,200 --> 00:05:55,440 Speaker 3: And I mean I think that the what the city 104 00:05:55,520 --> 00:05:58,360 Speaker 3: is sort of laid out, as you know, kind of 105 00:05:58,400 --> 00:06:02,760 Speaker 3: the the effective rate is that you know, most people 106 00:06:02,800 --> 00:06:06,599 Speaker 3: are paying somewhere around twelve dollars square foot, and it's 107 00:06:06,600 --> 00:06:07,599 Speaker 3: going to go up to fourteen. 108 00:06:09,160 --> 00:06:09,440 Speaker 1: Now. 109 00:06:09,520 --> 00:06:12,360 Speaker 3: It all depends on where you are and what kind 110 00:06:12,400 --> 00:06:15,159 Speaker 3: of sector you're in. So some sectors are going to 111 00:06:15,200 --> 00:06:19,520 Speaker 3: go up a lot more, and then some neighborhoods are 112 00:06:19,520 --> 00:06:23,640 Speaker 3: going to go up more. And what's crazy is that 113 00:06:23,720 --> 00:06:27,919 Speaker 3: it's due to a net drop in real estate value 114 00:06:28,200 --> 00:06:32,279 Speaker 3: in the order of like twelve or thirteen percent. And 115 00:06:32,800 --> 00:06:38,000 Speaker 3: the big losses came from very specific areas, which are big, 116 00:06:39,240 --> 00:06:46,760 Speaker 3: large development, office and lab properties that lost value. And 117 00:06:46,880 --> 00:06:49,559 Speaker 3: the people who are still who are the resilient ones 118 00:06:49,600 --> 00:06:54,159 Speaker 3: who are still you know, still holding value are the 119 00:06:54,200 --> 00:06:58,839 Speaker 3: small businesses who are doing retail and restaurants and hotels. 120 00:06:59,480 --> 00:07:02,039 Speaker 3: What's going to be We're being punished essentially for for 121 00:07:02,320 --> 00:07:03,719 Speaker 3: ability to hang on well. 122 00:07:03,839 --> 00:07:07,640 Speaker 2: Realistically, Carrie, I assume what happens in those circumstances is 123 00:07:07,760 --> 00:07:12,560 Speaker 2: just as the landlord passes on the real estate bills 124 00:07:12,720 --> 00:07:17,440 Speaker 2: to his tenants and you have to pay more, that 125 00:07:17,640 --> 00:07:22,200 Speaker 2: is going to have to impact your customers because obviously 126 00:07:22,800 --> 00:07:27,520 Speaker 2: you you have to maintain uh some profit level. 127 00:07:28,800 --> 00:07:30,640 Speaker 3: No, So I mean this is not something that's going 128 00:07:30,680 --> 00:07:32,480 Speaker 3: to change the prices. I mean, this is not going 129 00:07:32,520 --> 00:07:33,320 Speaker 3: to turn into prices. 130 00:07:33,360 --> 00:07:36,360 Speaker 2: I don't think how do you how do you absorb 131 00:07:36,520 --> 00:07:38,920 Speaker 2: how do you absorb this cost then without having an 132 00:07:38,920 --> 00:07:41,440 Speaker 2: impact on your your bottom line. 133 00:07:41,720 --> 00:07:44,520 Speaker 3: Well, when it comes to small businesses, we have much different. 134 00:07:45,040 --> 00:07:48,720 Speaker 3: We are not these sort of mercenary extractive operations that 135 00:07:48,760 --> 00:07:51,240 Speaker 3: come in and just come here to get you know, 136 00:07:51,280 --> 00:07:53,200 Speaker 3: a dollar for a dollar, you know, five dollars for 137 00:07:53,240 --> 00:07:55,640 Speaker 3: a dollar. We don't have a formula like that. We 138 00:07:55,720 --> 00:07:57,440 Speaker 3: have in it for the long haul. And so our 139 00:07:57,480 --> 00:08:00,200 Speaker 3: point is to you know, essentially attract the custom and 140 00:08:00,240 --> 00:08:03,480 Speaker 3: keep them forever and ideally stick around and continue to 141 00:08:03,520 --> 00:08:05,600 Speaker 3: serve them. So what we have to do is be 142 00:08:05,720 --> 00:08:10,440 Speaker 3: like good custodians of our client base and and you know, 143 00:08:11,880 --> 00:08:16,280 Speaker 3: deal with these costs and you know, make efficiencies and 144 00:08:16,680 --> 00:08:19,160 Speaker 3: make changes that make it possible for people to continue 145 00:08:19,160 --> 00:08:21,880 Speaker 3: to participate with their business because that connection is more 146 00:08:21,920 --> 00:08:25,400 Speaker 3: important than whatever dollar is here and there when it 147 00:08:25,480 --> 00:08:27,040 Speaker 3: comes to our relationship with our guest. 148 00:08:27,280 --> 00:08:31,160 Speaker 2: So you're looking at which is which is what good 149 00:08:31,200 --> 00:08:35,280 Speaker 2: business owners do. You're looking at long term relationships, not 150 00:08:35,840 --> 00:08:39,199 Speaker 2: you know, your your every quarter making a certain number 151 00:08:39,240 --> 00:08:41,120 Speaker 2: every quarter. But the bottom No, and. 152 00:08:41,080 --> 00:08:42,559 Speaker 3: That's why we haven't left yet. 153 00:08:42,840 --> 00:08:45,680 Speaker 2: No, I get it, I get it, but it's still 154 00:08:45,840 --> 00:08:48,800 Speaker 2: it's going to be very difficult. And what I'd like 155 00:08:48,840 --> 00:08:50,720 Speaker 2: to do is that we've got to take a break 156 00:08:50,720 --> 00:08:52,480 Speaker 2: here for a couple of commercials. We got to make 157 00:08:52,559 --> 00:08:55,840 Speaker 2: some money and then when we get back, we get 158 00:08:55,880 --> 00:08:59,360 Speaker 2: some folks who might want to call in. Cambridge is 159 00:09:00,320 --> 00:09:04,040 Speaker 2: very sought after community. It's got a lot of issues 160 00:09:04,080 --> 00:09:06,880 Speaker 2: that gots it has a lot of problems with you know, 161 00:09:07,000 --> 00:09:10,559 Speaker 2: parking and getting in and getting out. It's but everybody 162 00:09:10,640 --> 00:09:14,000 Speaker 2: loves the hustle and bustle of it. And and you know, 163 00:09:14,080 --> 00:09:18,760 Speaker 2: your restaurants are quite popular. But nobody likes to see 164 00:09:18,800 --> 00:09:23,200 Speaker 2: a twenty two percent increase in anything. And and that 165 00:09:23,360 --> 00:09:26,960 Speaker 2: is what's going on here. And there's just it's almost 166 00:09:26,960 --> 00:09:30,280 Speaker 2: a perfect economic storm for a city like Cambridge, which 167 00:09:30,280 --> 00:09:32,880 Speaker 2: has been doing so well for so long, and now 168 00:09:33,160 --> 00:09:36,440 Speaker 2: there's a little bit of a down draft. Uh. And 169 00:09:37,000 --> 00:09:39,760 Speaker 2: it's it's going to every everyone's going to kind of 170 00:09:39,800 --> 00:09:42,400 Speaker 2: catch a cold here, I guess from from the from 171 00:09:42,480 --> 00:09:45,320 Speaker 2: this down draft. My guest is Carrie. 172 00:09:45,800 --> 00:09:46,839 Speaker 4: There's opportunities. 173 00:09:47,000 --> 00:09:50,560 Speaker 2: Yeah, No, Carrie Coolser, owner of Grendel's Den and the 174 00:09:50,600 --> 00:09:51,120 Speaker 2: Sea Hag. 175 00:09:51,559 --> 00:09:51,679 Speaker 4: Uh. 176 00:09:51,840 --> 00:09:53,880 Speaker 2: If you happen to be in Cambridge and you'd like 177 00:09:53,920 --> 00:09:57,800 Speaker 2: to calm interview outside of Cambridge, your mother welcome six one, seven, five, four, ten, 178 00:09:57,920 --> 00:10:04,200 Speaker 2: thirty six three one, ten thirty. The problem for the 179 00:10:04,240 --> 00:10:08,360 Speaker 2: business owners is there's not much they can do here. 180 00:10:08,440 --> 00:10:11,960 Speaker 2: It's not as if they can refuse to pay because 181 00:10:12,000 --> 00:10:17,560 Speaker 2: they're obligated. And yet somehow they don't want to pass 182 00:10:17,640 --> 00:10:22,920 Speaker 2: this on to their customers, longtime customers, particularly again the Grendel's. Then, 183 00:10:23,440 --> 00:10:25,000 Speaker 2: I did I know it'd been there a long time. 184 00:10:25,040 --> 00:10:28,360 Speaker 2: I didn't realize fifty two years. That is quite quite 185 00:10:28,360 --> 00:10:30,360 Speaker 2: the track record. We'll be back on nights. I feel 186 00:10:30,360 --> 00:10:32,720 Speaker 2: free to join the conversation. Coming back right after this. 187 00:10:33,760 --> 00:10:38,040 Speaker 1: You're on Night Side with Dan Ray on WBZ, Boston's 188 00:10:38,080 --> 00:10:38,720 Speaker 1: news radio. 189 00:10:39,840 --> 00:10:43,520 Speaker 2: Well, I guess there is Carrie Coolser. She's the owner 190 00:10:43,520 --> 00:10:48,840 Speaker 2: of Grendel's Den and the Sea Hag. Let's get the 191 00:10:48,840 --> 00:10:53,760 Speaker 2: phone calls and see what people think. Again. I just 192 00:10:53,840 --> 00:10:55,959 Speaker 2: have a feeling that with all of the cuts from 193 00:10:56,000 --> 00:10:59,640 Speaker 2: the federal government, there's going to be more and more 194 00:11:00,320 --> 00:11:04,640 Speaker 2: demands on the states and the communities within the states. 195 00:11:05,120 --> 00:11:11,480 Speaker 2: So this property tax increase comes at a particularly in 196 00:11:11,480 --> 00:11:14,800 Speaker 2: my opinion, and especially a bad time. Let me go 197 00:11:14,840 --> 00:11:19,520 Speaker 2: to Steve, who's calling from Cambridge. Steve, appreciate hearing from you. 198 00:11:19,520 --> 00:11:22,319 Speaker 2: You're wrong with the owner of Grendel's Den. 199 00:11:22,240 --> 00:11:27,880 Speaker 5: Carrie, cool, Sir Dan, it's kilt, Sir Kiltzer, Kilt. 200 00:11:27,600 --> 00:11:28,760 Speaker 2: Sir Kiltzer. 201 00:11:28,800 --> 00:11:32,000 Speaker 4: Okay, well I've been Carrie. 202 00:11:32,040 --> 00:11:34,880 Speaker 5: I've been going to Grendel's. Not as much as I 203 00:11:34,960 --> 00:11:38,520 Speaker 5: used to, but back into nineteen seventy two or three, 204 00:11:38,600 --> 00:11:41,520 Speaker 5: and I knew your father and mother not well. But 205 00:11:42,640 --> 00:11:47,840 Speaker 5: I actually skied with your father a couple of times. 206 00:11:48,080 --> 00:11:50,400 Speaker 2: Is Carrie still there? Have we lost Yeah, we've lost 207 00:11:50,440 --> 00:11:53,160 Speaker 2: Carry actually, Rob, had you noticed we've lost the caller 208 00:11:53,640 --> 00:11:54,520 Speaker 2: with the guests? 209 00:11:55,800 --> 00:11:56,040 Speaker 4: Yeah? 210 00:11:56,080 --> 00:11:59,319 Speaker 2: Well it was funny. I asked, we'll get Carrie back 211 00:11:59,360 --> 00:12:02,439 Speaker 2: on the line here. But I asked the guests how 212 00:12:02,480 --> 00:12:07,559 Speaker 2: she pronounced her name, and she told me he's like Coolser, Like, maybe. 213 00:12:07,320 --> 00:12:11,240 Speaker 5: I've got it wrong, Dan. But Herbie was from Germany, 214 00:12:11,320 --> 00:12:16,679 Speaker 5: a very nice guy, a real character, ran his restaurant 215 00:12:17,360 --> 00:12:21,160 Speaker 5: with his wife for many for Herbie for many, many. 216 00:12:20,960 --> 00:12:23,960 Speaker 2: Many years. We've rejoined by our guest here, Steve, so 217 00:12:24,040 --> 00:12:27,239 Speaker 2: let me get carry. We lost you there for some 218 00:12:27,240 --> 00:12:31,680 Speaker 2: some way again we have with us Steph Cambridge, who 219 00:12:31,720 --> 00:12:34,800 Speaker 2: corrected me in the pronunciation of your name. So I'm 220 00:12:34,840 --> 00:12:37,439 Speaker 2: going to give him a chance to chat with you. 221 00:12:37,520 --> 00:12:41,520 Speaker 2: He's been a customer of yours since nineteen seventy two. 222 00:12:41,559 --> 00:12:46,839 Speaker 2: And apparently he skied with your dad. So so Carrie, 223 00:12:46,880 --> 00:12:48,480 Speaker 2: say hi to Steve from Cambridge. 224 00:12:49,240 --> 00:12:53,240 Speaker 5: Hi, Kerrie, I used to see with your father a 225 00:12:53,320 --> 00:12:55,920 Speaker 5: couple of times out in Snowbird. 226 00:12:56,920 --> 00:13:02,360 Speaker 3: Yes, and others somehow managed to live a life of 227 00:13:02,840 --> 00:13:04,120 Speaker 3: skiing in his day. 228 00:13:05,520 --> 00:13:12,160 Speaker 5: And he also was quite a roller skater in Harvard 229 00:13:12,160 --> 00:13:13,400 Speaker 5: Square and the roller skater. 230 00:13:13,559 --> 00:13:15,480 Speaker 3: Yes, that's how we used to market. Well we still 231 00:13:15,520 --> 00:13:20,000 Speaker 3: do it actually, leaflet. Ah, good for you, We hand 232 00:13:20,000 --> 00:13:22,480 Speaker 3: out leaflets. It's it's still a good old fashioned paper. 233 00:13:22,679 --> 00:13:25,920 Speaker 3: And the and the foot traffic that really drives business. 234 00:13:26,520 --> 00:13:29,320 Speaker 5: And I didn't know that you started the sea hag 235 00:13:30,840 --> 00:13:35,080 Speaker 5: yep on Mount d'ubern Street, on Mount Auburn Street. I 236 00:13:35,080 --> 00:13:37,439 Speaker 5: think right, yes, it's. 237 00:13:37,320 --> 00:13:39,319 Speaker 3: In the location that used to be the boat house. 238 00:13:39,840 --> 00:13:44,760 Speaker 3: Oh right right, But by the way, Kerry, Steve Tommy's lunch. 239 00:13:45,240 --> 00:13:49,160 Speaker 2: Steve. Yes, let me just jump in here for a second. 240 00:13:49,240 --> 00:13:54,000 Speaker 2: Steve corrected my pronunciation of your last name. I thought 241 00:13:54,040 --> 00:13:56,080 Speaker 2: you had told me to pronounce. 242 00:13:55,640 --> 00:14:00,800 Speaker 5: It cool, sir, Yes, culture Gerry, I always kiltser. 243 00:14:02,480 --> 00:14:05,440 Speaker 3: Oh, well you know it's like it's a German you 244 00:14:05,960 --> 00:14:09,679 Speaker 3: so you know you can it's hard for the for 245 00:14:09,760 --> 00:14:13,920 Speaker 3: the for the for people to actually get the uh perfectly. 246 00:14:15,200 --> 00:14:19,200 Speaker 5: It's like, Okay, I'm going. 247 00:14:19,200 --> 00:14:21,320 Speaker 2: To stick Steve. I know you're a stickler for this, 248 00:14:21,440 --> 00:14:23,880 Speaker 2: but I'm going to stick with culture because that's that's 249 00:14:23,880 --> 00:14:25,760 Speaker 2: the best thing I can do. Why don't you go ahead? 250 00:14:25,840 --> 00:14:29,160 Speaker 5: He tells you to do. Listen carry What I'm interested 251 00:14:29,240 --> 00:14:33,960 Speaker 5: in is Dan and you are. Dan was talking about 252 00:14:34,000 --> 00:14:38,720 Speaker 5: how booming Cambridge is. But I I've lived in Cambridge 253 00:14:38,720 --> 00:14:41,920 Speaker 5: fifty years and we've got an awful lot of empty 254 00:14:41,960 --> 00:14:45,640 Speaker 5: storefronts and I just don't see how the city council. 255 00:14:45,800 --> 00:14:49,440 Speaker 5: Can I assume this was the City Council, Yes it was, 256 00:14:49,880 --> 00:14:52,960 Speaker 5: I used. I mean, I see so many empty storefronts 257 00:14:52,960 --> 00:14:55,440 Speaker 5: in Cambridge and it makes me worried, and I just 258 00:14:55,480 --> 00:14:59,640 Speaker 5: don't see how at this particular time they could do this. 259 00:15:00,040 --> 00:15:03,800 Speaker 5: I mean, don't you notice a lot of empty storefronts 260 00:15:03,800 --> 00:15:04,960 Speaker 5: in Cambridge. 261 00:15:05,680 --> 00:15:08,160 Speaker 3: I think the City Council has been actually worried about that, 262 00:15:08,240 --> 00:15:11,120 Speaker 3: and they've had numerous meetings and hearings on this, and 263 00:15:11,200 --> 00:15:14,400 Speaker 3: I think it's a real challenge for the way we're 264 00:15:14,440 --> 00:15:17,720 Speaker 3: you know, are the kind of policy levers that they have, 265 00:15:18,360 --> 00:15:22,000 Speaker 3: don't really they have not figured out at least or 266 00:15:22,080 --> 00:15:26,360 Speaker 3: had the political will to, at a state level and 267 00:15:26,480 --> 00:15:32,800 Speaker 3: a city level, address the economic realities that are pushing 268 00:15:32,800 --> 00:15:38,480 Speaker 3: people into essentially letting their properties stay vacant. And you know, 269 00:15:38,560 --> 00:15:40,480 Speaker 3: there is a world in which a tax increase could 270 00:15:40,600 --> 00:15:43,920 Speaker 3: essentially motivate property owners to start passing those expenses on 271 00:15:44,000 --> 00:15:46,080 Speaker 3: to tenants, but they'd have to be able to make 272 00:15:46,120 --> 00:15:48,280 Speaker 3: the rent low enough for tenants to want to be there. 273 00:15:51,360 --> 00:15:55,520 Speaker 5: Do you have any ideas, I mean, how Cambridge could 274 00:15:55,560 --> 00:16:02,160 Speaker 5: perhaps ease the situation for small business owner and it's 275 00:16:02,200 --> 00:16:07,120 Speaker 5: at the same time be able to get their budget 276 00:16:07,200 --> 00:16:11,080 Speaker 5: so that we've got good fire and police and so forth. 277 00:16:12,440 --> 00:16:15,120 Speaker 3: Well, Cambridge Local First, which is the organization that I 278 00:16:15,200 --> 00:16:17,400 Speaker 3: share the board of but don't actually do the real 279 00:16:17,600 --> 00:16:20,760 Speaker 3: nitty gritty work, But our staff has been working on 280 00:16:20,920 --> 00:16:25,520 Speaker 3: researching avenues for this, and we do think that there's 281 00:16:25,560 --> 00:16:32,200 Speaker 3: some ways that there are legal existing ways that could 282 00:16:32,480 --> 00:16:36,640 Speaker 3: could could essentially create some kind of incentive to filling 283 00:16:36,680 --> 00:16:40,760 Speaker 3: spaces and prioritizing smaller businesses. And I think that there 284 00:16:40,800 --> 00:16:46,680 Speaker 3: have to be real thought about about devising policies that 285 00:16:47,240 --> 00:16:50,760 Speaker 3: create an economic environment in which small businesses can enter 286 00:16:50,800 --> 00:16:54,840 Speaker 3: the market, and that smaller, smaller investors can enter the 287 00:16:55,480 --> 00:16:59,400 Speaker 3: market where they can actually own real property. Because one 288 00:16:59,440 --> 00:17:03,000 Speaker 3: of the big vulnerabilities that we see when properties values, 289 00:17:03,400 --> 00:17:07,760 Speaker 3: you know, suddenly decrease so radically because a few big 290 00:17:07,760 --> 00:17:10,560 Speaker 3: players pull out, is that, you know, we're much more 291 00:17:10,600 --> 00:17:12,800 Speaker 3: resilient when we have a lot more players in the 292 00:17:12,840 --> 00:17:17,080 Speaker 3: market and much smaller players who are invested in sticking around, which, 293 00:17:17,119 --> 00:17:19,800 Speaker 3: as I was saying, you know, small businesses really are 294 00:17:19,840 --> 00:17:23,520 Speaker 3: here for long haul, and you know, we don't really 295 00:17:23,560 --> 00:17:26,480 Speaker 3: make money in that extractive way where we just need 296 00:17:26,520 --> 00:17:28,240 Speaker 3: to make a buck today and then you know, once 297 00:17:28,240 --> 00:17:29,639 Speaker 3: we got it, we got to get out of here. 298 00:17:30,040 --> 00:17:33,040 Speaker 3: We're not you know, we're not leaving. We're going to 299 00:17:33,119 --> 00:17:35,000 Speaker 3: We're going to work with the community for a long time. 300 00:17:35,320 --> 00:17:37,959 Speaker 2: I want to ask both of you a question, and 301 00:17:38,040 --> 00:17:42,840 Speaker 2: I wonder if the fact that my observations, we have 302 00:17:43,080 --> 00:17:48,359 Speaker 2: fewer and fewer members of Congress, members of the state legislature, 303 00:17:48,440 --> 00:17:52,440 Speaker 2: and I assume members of the city council in Cambridge 304 00:17:52,480 --> 00:17:54,919 Speaker 2: and elsewhere, who have ever run a business, who have 305 00:17:54,960 --> 00:17:57,720 Speaker 2: ever run a small business. A lot of people who 306 00:17:57,720 --> 00:18:00,359 Speaker 2: were getting into politics want to be the effort ever 307 00:18:00,600 --> 00:18:04,840 Speaker 2: lifelong politicians never made a payroll? Is that part of 308 00:18:04,880 --> 00:18:07,480 Speaker 2: the problem. And I know this question is the potential 309 00:18:07,520 --> 00:18:13,720 Speaker 2: of getting you in trouble Gary with the politicians in Cambridge. 310 00:18:13,840 --> 00:18:16,680 Speaker 2: But if they've never made a payroll, if they've never 311 00:18:18,040 --> 00:18:22,200 Speaker 2: some week when they didn't have enough profit didn't pay themselves, 312 00:18:22,680 --> 00:18:25,200 Speaker 2: did they not understand how difficult it is to run 313 00:18:25,240 --> 00:18:28,840 Speaker 2: a small business. I'm talking about politicians generally. Steve, I 314 00:18:28,920 --> 00:18:30,639 Speaker 2: know how you might answer this, but I want to 315 00:18:30,680 --> 00:18:31,600 Speaker 2: hear what Carrie says. 316 00:18:31,640 --> 00:18:33,040 Speaker 5: First. 317 00:18:34,000 --> 00:18:37,840 Speaker 3: Well, our elected officials in Cambridge that I've met and 318 00:18:37,960 --> 00:18:43,720 Speaker 3: I've had conversations with seriously personally, many of them have 319 00:18:43,880 --> 00:18:48,199 Speaker 3: been in the business and they have empathy. They just 320 00:18:48,359 --> 00:18:49,960 Speaker 3: don't feel like they have. 321 00:18:51,480 --> 00:18:51,560 Speaker 5: That. 322 00:18:51,600 --> 00:18:55,480 Speaker 3: They're empowered, empowered you know, in any way legally at 323 00:18:55,480 --> 00:18:57,640 Speaker 3: a state level, to do the things that they think 324 00:18:57,640 --> 00:19:00,560 Speaker 3: would be great. And I also think that politically, you know, 325 00:19:00,760 --> 00:19:04,280 Speaker 3: there are forces that make it impossible for them to 326 00:19:04,320 --> 00:19:07,520 Speaker 3: do that without alienating somebody else. So I mean to 327 00:19:07,720 --> 00:19:11,119 Speaker 3: make the problem with the put it against the residential 328 00:19:11,359 --> 00:19:13,280 Speaker 3: taxes you've identified. 329 00:19:14,880 --> 00:19:17,639 Speaker 2: I don't know what the percentage of numbers of politicians 330 00:19:17,680 --> 00:19:20,160 Speaker 2: who have ever owned a business, but I know very 331 00:19:20,160 --> 00:19:25,760 Speaker 2: few politicians. Most politicians today are lifelong politicians. They start 332 00:19:25,920 --> 00:19:28,880 Speaker 2: at one level. Steve, what I'll bet you your reaction 333 00:19:29,040 --> 00:19:30,199 Speaker 2: to that is somewhat different. 334 00:19:30,240 --> 00:19:33,480 Speaker 5: Go ahead, Steve, no No, I would say a big 335 00:19:33,520 --> 00:19:39,680 Speaker 5: problem with people who influence policy in the United States, 336 00:19:40,119 --> 00:19:43,800 Speaker 5: even on a local level or even a federal level 337 00:19:43,880 --> 00:19:47,840 Speaker 5: or a state level, do not understand the concept of 338 00:19:47,960 --> 00:19:53,720 Speaker 5: profit and loss. They have all worked in academia or 339 00:19:53,760 --> 00:19:57,320 Speaker 5: have been at the Senate or the House of Representatives 340 00:19:57,359 --> 00:20:00,840 Speaker 5: for fifty years. Their paycheck comes in no matter what happens. 341 00:20:01,400 --> 00:20:05,400 Speaker 2: You're agreeing with me, Steve, you disagree with me absolutely. 342 00:20:05,440 --> 00:20:07,879 Speaker 5: And then another problem in Cambridge. And I don't know 343 00:20:07,880 --> 00:20:11,120 Speaker 5: if Carrie wants to chime in on this because it's 344 00:20:11,119 --> 00:20:16,119 Speaker 5: a little I think the Cambridge mindset, you know, is 345 00:20:16,240 --> 00:20:19,600 Speaker 5: all we want a cultural center here, we want a 346 00:20:19,640 --> 00:20:25,720 Speaker 5: community organizing center there, and they don't realize that someone 347 00:20:25,800 --> 00:20:28,480 Speaker 5: has to pay the taxes to support all of this 348 00:20:28,640 --> 00:20:32,320 Speaker 5: and support our policemen and our firemen and fire women 349 00:20:32,359 --> 00:20:36,240 Speaker 5: and fire policewomen, you know, And they think everything can 350 00:20:36,280 --> 00:20:42,119 Speaker 5: be like another you know, cultural arts center. And I 351 00:20:42,400 --> 00:20:45,440 Speaker 5: think culture is very important and art is very important, 352 00:20:45,480 --> 00:20:48,640 Speaker 5: but the city that's not what runs the city. 353 00:20:49,320 --> 00:20:51,080 Speaker 2: All right, Steve, as always after. 354 00:20:52,960 --> 00:20:54,920 Speaker 5: Kerry, thank you, thank you, Dan. 355 00:20:55,359 --> 00:20:58,080 Speaker 3: Thanks so much. I'm glad you mentioned some memories of 356 00:20:58,160 --> 00:20:59,680 Speaker 3: my dad and his roller seating. 357 00:21:00,160 --> 00:21:01,080 Speaker 5: He was a great guy. 358 00:21:01,720 --> 00:21:03,960 Speaker 4: But bye bye, Thanks Dave. 359 00:21:04,480 --> 00:21:06,960 Speaker 2: We get back more phone calls six one, seven, two, five, 360 00:21:07,040 --> 00:21:12,760 Speaker 2: four ten, thirty, six, one, seven, nine thirty. My guest 361 00:21:12,800 --> 00:21:18,880 Speaker 2: is is a very polite person, and obviously having run 362 00:21:18,880 --> 00:21:21,119 Speaker 2: a business for fifty two years, she knows of what 363 00:21:21,280 --> 00:21:24,880 Speaker 2: she speaks. Uh that that is for certain. But when 364 00:21:24,880 --> 00:21:28,960 Speaker 2: I saw this headline in the Globe, matter fact, when 365 00:21:28,960 --> 00:21:32,680 Speaker 2: I saw it online yesterday, it said Cambridge Bruce commercial 366 00:21:32,760 --> 00:21:37,119 Speaker 2: tax rate twenty two percent and then it had parentheses. 367 00:21:37,280 --> 00:21:42,560 Speaker 2: That is not a typo. That's how significant a tax increase. 368 00:21:42,600 --> 00:21:44,960 Speaker 2: They they did not use the parentheses. This is not 369 00:21:45,040 --> 00:21:48,240 Speaker 2: a typo in the print edition of the Boston Globe. 370 00:21:48,359 --> 00:21:51,159 Speaker 2: But we'll we'll continue. If you are a business owner 371 00:21:51,200 --> 00:21:54,920 Speaker 2: and you would like to commiserate with my guest, Carrie Coolser, 372 00:21:55,040 --> 00:21:59,639 Speaker 2: owner of Grendel's Den and the Sea Hag, that would 373 00:21:59,640 --> 00:22:06,880 Speaker 2: be great, uh six six seven. I think at which 374 00:22:06,920 --> 00:22:10,040 Speaker 2: president it was that said, you know, you know, business 375 00:22:10,119 --> 00:22:13,399 Speaker 2: is the business of America and without small business, we 376 00:22:13,520 --> 00:22:17,240 Speaker 2: as communities are going to be in big trouble. And 377 00:22:17,320 --> 00:22:22,240 Speaker 2: this is a problem in Cambridge and it may again 378 00:22:22,400 --> 00:22:24,600 Speaker 2: be a harbinger of things to come in other communities. 379 00:22:24,600 --> 00:22:26,520 Speaker 2: We'll be right back on Nightside with more calls for 380 00:22:26,600 --> 00:22:30,720 Speaker 2: Kerrie cusor culser I got it that time. We'll be 381 00:22:30,760 --> 00:22:31,879 Speaker 2: back on Nightside after this. 382 00:22:32,920 --> 00:22:36,240 Speaker 1: You're on night Side with Dan Ray. I'm w BZ 383 00:22:36,640 --> 00:22:37,879 Speaker 1: Boston's news Radio. 384 00:22:39,359 --> 00:22:43,480 Speaker 2: Let me get to Harvey. Silverglade has joined us. Harvey 385 00:22:43,680 --> 00:22:49,240 Speaker 2: is a long time Cambridge resident. Uh and Harvey, I'm 386 00:22:49,280 --> 00:22:51,320 Speaker 2: delighted you called in love to know what you think 387 00:22:51,320 --> 00:22:55,040 Speaker 2: about what's going on with this increase of the commercial 388 00:22:55,440 --> 00:22:58,879 Speaker 2: tax rate for small businesses, especially in Cambridge. You're on 389 00:22:58,960 --> 00:23:02,440 Speaker 2: with my guest Kerry Culture, owner of Grendel's Den. 390 00:23:04,160 --> 00:23:09,960 Speaker 4: But as I love Greenwald's. Then, but let me this 391 00:23:10,040 --> 00:23:13,159 Speaker 4: is a complicated issue. And the reason it's complicated is this. 392 00:23:14,560 --> 00:23:20,640 Speaker 4: The reason that Cambridge has raised commercial taxes is because 393 00:23:20,760 --> 00:23:28,240 Speaker 4: the Trump administration has reduced federal aids the states and cities. 394 00:23:28,680 --> 00:23:31,840 Speaker 2: Okay, yeah, I alluded to that earlier. I think that's 395 00:23:32,720 --> 00:23:33,280 Speaker 2: I know that. 396 00:23:33,920 --> 00:23:38,679 Speaker 4: Where do you see where I'm going? They did that 397 00:23:40,040 --> 00:23:45,880 Speaker 4: presumably because the federal deficit was out of control. Of course, 398 00:23:46,960 --> 00:23:49,560 Speaker 4: government being government, this is the reason I'm a member 399 00:23:49,560 --> 00:23:56,080 Speaker 4: of the Libertarian Party. Government being government. The federal deficit 400 00:23:56,800 --> 00:24:03,960 Speaker 4: has ballooned. It has not. The cutting federal aid is 401 00:24:04,080 --> 00:24:08,240 Speaker 4: not reduced to federal deficit. The federal deficity is totally 402 00:24:08,320 --> 00:24:09,160 Speaker 4: out of control. 403 00:24:09,280 --> 00:24:11,560 Speaker 2: Yeah, you know what, Harvey, I will never correct you 404 00:24:11,600 --> 00:24:16,240 Speaker 2: on anything. However, the federal debt is the accumulated deficit. 405 00:24:16,280 --> 00:24:20,399 Speaker 2: The deficit is what the deficit is at any given year. Yes, 406 00:24:20,600 --> 00:24:23,800 Speaker 2: there has been some efforts with the tariffs, et cetera 407 00:24:24,280 --> 00:24:27,200 Speaker 2: to reduce the federal debt a little bit if you 408 00:24:27,280 --> 00:24:29,560 Speaker 2: believe the numbers that are coming, you know, out of 409 00:24:29,560 --> 00:24:33,160 Speaker 2: the administration. But the point you're making is absolutely accurate. 410 00:24:33,240 --> 00:24:38,080 Speaker 2: So other than the reference clarification with debt and deficit, 411 00:24:39,359 --> 00:24:40,880 Speaker 2: you continue to go right ahead. I'm sorry. 412 00:24:41,680 --> 00:24:45,879 Speaker 4: So, federal spending is totally out of control. The confidence 413 00:24:45,920 --> 00:24:51,000 Speaker 4: of a dollar is sinking. So the federal government is 414 00:24:51,040 --> 00:24:58,600 Speaker 4: spending way more money than it is bringing in. Now, Cambridge, 415 00:24:59,200 --> 00:25:05,960 Speaker 4: instead of taking this opportunity to reduce expenses and increase taxes, 416 00:25:06,960 --> 00:25:12,919 Speaker 4: you know, the Libertarian Party has the setting. That's the 417 00:25:13,040 --> 00:25:18,200 Speaker 4: problem with government is government itself. Out of the government, 418 00:25:19,040 --> 00:25:24,959 Speaker 4: our governments are unable to control spending. And instead of 419 00:25:25,000 --> 00:25:30,760 Speaker 4: taking this opportunity to cut the Cambridge as a welfare state, 420 00:25:32,080 --> 00:25:36,320 Speaker 4: instead of taking the opportunity to cut some of the 421 00:25:36,480 --> 00:25:42,880 Speaker 4: spending in Cambridge, they have raised taxes. Classic government reaction 422 00:25:43,040 --> 00:25:43,840 Speaker 4: to a problem. 423 00:25:44,000 --> 00:25:47,160 Speaker 2: Well, I mentioned in my question to Steve last Hour, 424 00:25:47,359 --> 00:25:50,280 Speaker 2: and it's something that I truly believe in, is that 425 00:25:50,560 --> 00:25:53,880 Speaker 2: it used to be that the state legislature here in Massachusetts, 426 00:25:53,920 --> 00:25:55,960 Speaker 2: and I think probably the city council and most of 427 00:25:56,000 --> 00:25:59,480 Speaker 2: the cities, they were kind of part time jobs, and 428 00:25:59,560 --> 00:26:02,520 Speaker 2: they were oftentimes the people who were elected were business people, 429 00:26:02,640 --> 00:26:06,600 Speaker 2: small business owners, whether it was at the legislature. Harvey, 430 00:26:06,600 --> 00:26:10,320 Speaker 2: you've you've run a law practice for many many years, 431 00:26:10,400 --> 00:26:15,160 Speaker 2: and and you, like anyone who runs a business, as 432 00:26:15,280 --> 00:26:17,720 Speaker 2: Carrie has, you got to make payroll, and the last 433 00:26:17,720 --> 00:26:21,919 Speaker 2: person who gets paid is the owner, because you have 434 00:26:22,000 --> 00:26:25,320 Speaker 2: to pay the employees. And I just think there's an 435 00:26:25,400 --> 00:26:29,080 Speaker 2: overwhelming number of people who are in positions of authority 436 00:26:29,119 --> 00:26:32,720 Speaker 2: in government who have no clue what it is like 437 00:26:33,080 --> 00:26:37,239 Speaker 2: to make a payroll to run a business. And I know, 438 00:26:37,400 --> 00:26:40,280 Speaker 2: I'm not sure if you buy that theory, but it's 439 00:26:40,320 --> 00:26:43,080 Speaker 2: one that I firmly believe in because if you do 440 00:26:43,200 --> 00:26:48,520 Speaker 2: go back and look, you can see that the background 441 00:26:48,560 --> 00:26:55,200 Speaker 2: of our politicians are becoming much more lifetime professional politicians. 442 00:26:55,280 --> 00:26:58,159 Speaker 4: Right, That's the core of that is the core of 443 00:26:58,160 --> 00:27:01,400 Speaker 4: the problem. They do not have they do not have 444 00:27:01,440 --> 00:27:07,919 Speaker 4: a payroll to make and you know they're full time 445 00:27:08,800 --> 00:27:10,920 Speaker 4: and they have no idea what it needs to make 446 00:27:10,920 --> 00:27:11,480 Speaker 4: a payroll. 447 00:27:12,840 --> 00:27:16,480 Speaker 2: So so how can we other than just throw we 448 00:27:16,480 --> 00:27:20,480 Speaker 2: can people out of office? Carry what can be done 449 00:27:21,080 --> 00:27:25,879 Speaker 2: by residents in Cambridge and residence in other communities to 450 00:27:26,040 --> 00:27:32,639 Speaker 2: avoid these draconian real estate increases that are going to 451 00:27:32,680 --> 00:27:36,919 Speaker 2: be passed on to small businesses. Are you just basically 452 00:27:37,320 --> 00:27:40,680 Speaker 2: at the bottom of the totem pole here and you're 453 00:27:40,720 --> 00:27:44,080 Speaker 2: going to have to absorb this? Or can can residents 454 00:27:44,119 --> 00:27:50,920 Speaker 2: and voters do something about this practice, this political practice? 455 00:27:51,200 --> 00:27:51,400 Speaker 4: Well? 456 00:27:51,440 --> 00:27:54,760 Speaker 3: I think that for one thing, residents of Cambridge need 457 00:27:54,800 --> 00:27:57,840 Speaker 3: to understand like what their voice actually is in the 458 00:27:57,880 --> 00:28:00,879 Speaker 3: city and they can they don't vote nearly in the 459 00:28:00,920 --> 00:28:03,720 Speaker 3: numbers that they should for local politicians. I mean, we 460 00:28:03,760 --> 00:28:06,160 Speaker 3: get kind of bogged down what's happening federally. But what's 461 00:28:06,200 --> 00:28:09,560 Speaker 3: more important is what's happening locally and the things that 462 00:28:09,560 --> 00:28:12,719 Speaker 3: that are funded by this budget in Cambridge are actually 463 00:28:12,720 --> 00:28:14,520 Speaker 3: things that touch your lives a lot more than the 464 00:28:14,520 --> 00:28:18,199 Speaker 3: stuff that the federal government is doing. Frankly, you know 465 00:28:18,280 --> 00:28:21,520 Speaker 3: we're talking about you know, I think that you know 466 00:28:21,840 --> 00:28:24,080 Speaker 3: are caller Harvey. I think that you and I both 467 00:28:24,119 --> 00:28:27,479 Speaker 3: are the beneficiaries is of fantastic Cambridge public school system 468 00:28:27,800 --> 00:28:29,920 Speaker 3: that got us to the point where we could move 469 00:28:29,960 --> 00:28:32,479 Speaker 3: on and do other things. You know, we we were 470 00:28:32,520 --> 00:28:35,679 Speaker 3: funding schools, we're funding you know, trash pickups, stuff that 471 00:28:35,680 --> 00:28:38,320 Speaker 3: people really like, you know, and they don't realize that 472 00:28:38,360 --> 00:28:41,000 Speaker 3: their vote matters for how that plays out, because somebody 473 00:28:41,040 --> 00:28:42,800 Speaker 3: could come in, you know, you could elect people and 474 00:28:42,880 --> 00:28:45,680 Speaker 3: who just cut schooling and cut trash. I think everyone 475 00:28:45,720 --> 00:28:48,479 Speaker 3: would be kind of unhappy about that. But you know, 476 00:28:49,080 --> 00:28:51,640 Speaker 3: when it comes to the perspective of small businesses that 477 00:28:51,720 --> 00:28:53,800 Speaker 3: we're really not you know, we're not trying to take 478 00:28:54,000 --> 00:28:55,000 Speaker 3: away from that pie. 479 00:28:55,040 --> 00:28:55,920 Speaker 1: We love. 480 00:28:56,320 --> 00:28:59,480 Speaker 3: We love the fact that Cambridge spends money and has 481 00:28:59,520 --> 00:29:05,200 Speaker 3: a healthy infrastructure and great public schools that attract great residents. 482 00:29:05,720 --> 00:29:08,640 Speaker 3: But we need to make it accessible for people to 483 00:29:08,360 --> 00:29:11,959 Speaker 3: to live and work here and then ultimately continue to 484 00:29:11,960 --> 00:29:16,160 Speaker 3: build wealth and and and and build a relationship with 485 00:29:16,200 --> 00:29:21,680 Speaker 3: the community and not just come and go come really 486 00:29:21,680 --> 00:29:24,320 Speaker 3: worried about is what we're really worried about is big 487 00:29:24,440 --> 00:29:27,560 Speaker 3: you know sort of private equity, big institutions that come 488 00:29:27,560 --> 00:29:31,200 Speaker 3: in and essentially set the set the price. You know, 489 00:29:31,240 --> 00:29:33,480 Speaker 3: it's price discovery. That's really the problem. When it comes 490 00:29:33,480 --> 00:29:38,080 Speaker 3: to you know, commercial real estate and the kinds of 491 00:29:38,800 --> 00:29:41,520 Speaker 3: competition that we face as small businesses versus you know, 492 00:29:41,640 --> 00:29:44,160 Speaker 3: national chains. It's we're not We're not in the fight 493 00:29:44,240 --> 00:29:45,840 Speaker 3: with the city budget at all. 494 00:29:46,720 --> 00:29:49,520 Speaker 2: Well, you you you have other issues at Cambridge. You 495 00:29:49,600 --> 00:29:54,680 Speaker 2: have some big universities. Who do who in hospitals? 496 00:29:54,680 --> 00:29:55,000 Speaker 5: Who pay? 497 00:29:55,160 --> 00:29:57,800 Speaker 3: Who pay my rent? I mean who? Honestly, like the 498 00:29:58,080 --> 00:30:01,280 Speaker 3: population of the university is the bread and butter of 499 00:30:01,560 --> 00:30:03,760 Speaker 3: most of my of what we do in Harvard Square 500 00:30:03,760 --> 00:30:04,680 Speaker 3: at least, no, no. 501 00:30:04,480 --> 00:30:07,479 Speaker 2: No, I totally get that. But but with Harvard, and 502 00:30:07,520 --> 00:30:09,320 Speaker 2: again this is not a criticism of Harvard. I have 503 00:30:09,360 --> 00:30:13,600 Speaker 2: a couple of children graduate from Harvard. They have a 504 00:30:13,640 --> 00:30:18,560 Speaker 2: fifty two billion dollar endowment. That's at least that's the 505 00:30:18,600 --> 00:30:23,080 Speaker 2: last number I saw. And they are on real estate, 506 00:30:23,240 --> 00:30:27,120 Speaker 2: which doesn't contribute. They may make some payments in lieu 507 00:30:27,120 --> 00:30:30,880 Speaker 2: of taxes, as does Maybem I T. But you know 508 00:30:31,000 --> 00:30:34,200 Speaker 2: that's a fact, that's a factor. You know, again, if 509 00:30:34,600 --> 00:30:39,800 Speaker 2: you're happy with what's going on generally, I think that 510 00:30:39,800 --> 00:30:45,200 Speaker 2: that invariably the average person turns and says, well, make 511 00:30:45,280 --> 00:30:48,360 Speaker 2: the business owners. You're grouped in with the big business 512 00:30:48,360 --> 00:30:55,480 Speaker 2: owners and you're not big business. I go ahead of. 513 00:30:58,200 --> 00:31:04,360 Speaker 4: The fact is Harvard and MIT bring a tremendous amount 514 00:31:04,400 --> 00:31:08,120 Speaker 4: of wealth to the city of Cambridge. Okay, even though 515 00:31:08,120 --> 00:31:12,120 Speaker 4: they don't pay as much taxes as they wouldn't fail 516 00:31:12,120 --> 00:31:18,840 Speaker 4: a commercial adventures, they have a there's a tremendous high 517 00:31:18,920 --> 00:31:26,800 Speaker 4: takes industrial base here because we have MIT in Cambridge universe. 518 00:31:27,080 --> 00:31:32,360 Speaker 4: It's a myth that universities cost Cambridge money. They make 519 00:31:32,760 --> 00:31:33,680 Speaker 4: Cambridge money. 520 00:31:34,880 --> 00:31:38,200 Speaker 2: Well, they do, Harvey, but they have a fifty two 521 00:31:38,840 --> 00:31:43,000 Speaker 2: billion dollar endowment. And I don't know if Harvard or 522 00:31:43,120 --> 00:31:46,560 Speaker 2: MI T. I don't think they pay real estate taxes 523 00:31:46,680 --> 00:31:48,840 Speaker 2: and I don't know what they pay in lieu of 524 00:31:48,880 --> 00:31:53,320 Speaker 2: taxes sometimes universities. Of course, church is a tax exempt 525 00:31:53,320 --> 00:31:57,120 Speaker 2: as well. That's a lot of property that ends up 526 00:31:57,120 --> 00:32:01,760 Speaker 2: being tax exempt. But hey, we have different points of 527 00:32:01,800 --> 00:32:04,800 Speaker 2: view here, which is what Nightside is all about. Harvey 528 00:32:04,880 --> 00:32:07,720 Speaker 2: is always I thank you so much for joining us. Carrie, 529 00:32:07,960 --> 00:32:10,520 Speaker 2: I got to take a break, and we got a 530 00:32:10,520 --> 00:32:12,720 Speaker 2: couple more calls we'll deal with on the other side. 531 00:32:12,760 --> 00:32:15,479 Speaker 2: Harvey is always thank you so much for your for 532 00:32:15,520 --> 00:32:18,640 Speaker 2: your time and your insights. Carrie, stay right there. We 533 00:32:18,200 --> 00:32:20,600 Speaker 2: got we got one more segment coming up, and if 534 00:32:20,640 --> 00:32:24,000 Speaker 2: any other business owners want to join the conversation, feel 535 00:32:24,000 --> 00:32:28,040 Speaker 2: free Cambridge or otherwise. Six one seven two four thirty 536 00:32:28,320 --> 00:32:31,360 Speaker 2: six one seven, nine thirty be right back on Nightside. 537 00:32:32,600 --> 00:32:37,760 Speaker 1: Night Side with Dan Ray. I'm Bzy Boston's news Radio. 538 00:32:38,600 --> 00:32:42,600 Speaker 2: We're talking about a pretty substantial commercial property tax rate 539 00:32:42,640 --> 00:32:46,360 Speaker 2: in Cambridge. With me is Carrie Coolser. She's the owner 540 00:32:46,360 --> 00:32:48,080 Speaker 2: of Grendel's Den and the Sea Hag, and we's going 541 00:32:48,160 --> 00:32:49,640 Speaker 2: to try to get at least a couple of callers 542 00:32:49,640 --> 00:32:51,840 Speaker 2: in here quickly. Let me go to Brian in Natick. Brian, 543 00:32:51,920 --> 00:32:59,240 Speaker 2: you are next on Nightside with Carry Kulser. Go right ahead, Brian. Okay. 544 00:32:59,280 --> 00:33:02,120 Speaker 2: If Brian, for whatever reason is not there, we will 545 00:33:02,120 --> 00:33:05,040 Speaker 2: put Brian on hold and we'll go to Rachel in Quincy. 546 00:33:05,200 --> 00:33:07,880 Speaker 2: Rachel your next outside, Go ahead, Rachel. 547 00:33:07,920 --> 00:33:13,520 Speaker 6: Apn I hope you're well. I it doesn't matter if 548 00:33:13,560 --> 00:33:18,040 Speaker 6: it's just Cambridge or whatever. My question is is, when 549 00:33:18,120 --> 00:33:26,680 Speaker 6: you have a an exempt, non taxable company, where are 550 00:33:26,760 --> 00:33:31,200 Speaker 6: the taxes that have to be paid going to Are 551 00:33:31,200 --> 00:33:35,560 Speaker 6: they going to our residences and they're going to increase it? 552 00:33:35,800 --> 00:33:37,360 Speaker 6: And that's not no. 553 00:33:37,640 --> 00:33:43,720 Speaker 2: It's pretty simple. It's pretty simple, Rachel. You know, hospitals, churches, 554 00:33:44,480 --> 00:33:47,560 Speaker 2: and universities are for the most part tax exempt. Many 555 00:33:47,560 --> 00:33:52,720 Speaker 2: of those institutions, particularly the universities, will pay a some 556 00:33:52,720 --> 00:33:55,680 Speaker 2: some form of a donation in lieu of taxes, but 557 00:33:55,720 --> 00:33:58,360 Speaker 2: it's always a fraction of what is the real value 558 00:33:58,400 --> 00:34:01,800 Speaker 2: of the property on which they're building sit And we 559 00:34:01,840 --> 00:34:05,040 Speaker 2: can have a conversation about that. But the money, whether 560 00:34:05,080 --> 00:34:08,399 Speaker 2: it comes from you know, donations by some of these 561 00:34:08,440 --> 00:34:10,839 Speaker 2: tax exempt groups, it's in what they call in lieu 562 00:34:10,920 --> 00:34:14,080 Speaker 2: of taxes or whether it's property taxes paid by residential 563 00:34:14,080 --> 00:34:18,720 Speaker 2: owners or meals taxes paid. It all goes into into 564 00:34:18,840 --> 00:34:21,560 Speaker 2: into the coffers of the city or the coffers of 565 00:34:21,560 --> 00:34:24,200 Speaker 2: the state, and then it's the lad it's the politicians 566 00:34:24,400 --> 00:34:28,240 Speaker 2: who decide how much money is spent, you know, on streets, 567 00:34:28,239 --> 00:34:31,520 Speaker 2: how much money is spent on fire and public safety 568 00:34:31,560 --> 00:34:33,440 Speaker 2: and all of that. That's that's what their job is. 569 00:34:33,520 --> 00:34:36,880 Speaker 2: I'm just saying that, in my opinion, too many of 570 00:34:36,880 --> 00:34:39,640 Speaker 2: the politicians now have become full time politicians and they 571 00:34:39,680 --> 00:34:41,720 Speaker 2: do not know what it takes to run a company, 572 00:34:42,000 --> 00:34:46,440 Speaker 2: as Carrie Coolster does and others. So that's as as 573 00:34:46,480 --> 00:34:48,040 Speaker 2: clear an answer as I can give you. I hope 574 00:34:48,040 --> 00:34:48,839 Speaker 2: that helps a little bit. 575 00:34:50,320 --> 00:34:56,400 Speaker 6: No, Dan, it completely makes me understand that, and I 576 00:34:56,560 --> 00:35:01,399 Speaker 6: get it. And you're right. You gotta eat something as 577 00:35:01,440 --> 00:35:06,240 Speaker 6: a business, and you give all the politicians that listen, 578 00:35:06,480 --> 00:35:09,040 Speaker 6: you know what they get one hundred thousand dollars. You've 579 00:35:09,040 --> 00:35:12,719 Speaker 6: got somebody in Quinsy right now that is trying to 580 00:35:12,760 --> 00:35:17,160 Speaker 6: get one hundred and seventy nine thousand dollars and he 581 00:35:17,440 --> 00:35:22,520 Speaker 6: owes more money to anything. It's just not okay. 582 00:35:22,880 --> 00:35:27,560 Speaker 2: We've talked with Quincy and and we'll come back into 583 00:35:27,560 --> 00:35:30,120 Speaker 2: a story on Quincy pretty soon, that's for sure. Rachel. 584 00:35:30,120 --> 00:35:31,680 Speaker 2: I'm going to try to get one more in here. 585 00:35:31,719 --> 00:35:35,759 Speaker 2: Thanks so much for joining us. Thanks Rachel. Let me 586 00:35:35,800 --> 00:35:37,600 Speaker 2: go to Brian. Let me say it, Brian. I hope 587 00:35:37,600 --> 00:35:44,480 Speaker 2: Brian is there, Brian, are you there? Excellent excellent work, Brian, Thank. 588 00:35:44,320 --> 00:35:47,720 Speaker 3: You very much, Carrie. 589 00:35:47,880 --> 00:35:49,880 Speaker 2: If there are folks in Cambridge who want to get 590 00:35:49,960 --> 00:35:54,959 Speaker 2: in touch with your organization, because obviously in unity there's 591 00:35:55,000 --> 00:35:57,960 Speaker 2: some strength. I think you mentioned the name of it. 592 00:35:58,040 --> 00:36:00,399 Speaker 2: It went by me very quickly. What is the group 593 00:36:00,400 --> 00:36:03,160 Speaker 2: that you're the chair of and it doesn't have a website? 594 00:36:03,960 --> 00:36:08,319 Speaker 3: Yes, Cambridge Local First. It's actually celebrating its twentieth anniversary 595 00:36:08,360 --> 00:36:12,520 Speaker 3: this year, So tune in and follow us on Instagram 596 00:36:13,120 --> 00:36:16,880 Speaker 3: at Cambridge Local First. It's a long it's a long word. 597 00:36:17,760 --> 00:36:19,680 Speaker 4: It's only it's only three words. 598 00:36:19,760 --> 00:36:23,160 Speaker 2: People can get that Cambridge Local First on Facebook. Is 599 00:36:23,480 --> 00:36:25,560 Speaker 2: it a dot commerce or they have to find you 600 00:36:25,600 --> 00:36:29,760 Speaker 2: through dot org? Okay, so it's and it's a tax 601 00:36:29,840 --> 00:36:32,920 Speaker 2: exempt the organization. That's good people can actually and we 602 00:36:33,360 --> 00:36:34,359 Speaker 2: contribution to it. 603 00:36:34,440 --> 00:36:39,120 Speaker 3: Okay, Yeah, we're celebrating our twentieth twentieth year. We you know, 604 00:36:39,200 --> 00:36:43,359 Speaker 3: represent We promote resilient local economies. That means residents and 605 00:36:43,520 --> 00:36:48,200 Speaker 3: businesses and and local politics. We believe that people should 606 00:36:48,239 --> 00:36:51,440 Speaker 3: be engaged and and focus on their local community and 607 00:36:51,520 --> 00:36:54,400 Speaker 3: appreciate it as the main thing that touches their lives. 608 00:36:54,640 --> 00:36:57,360 Speaker 2: But by the way, you you're so right on that point. 609 00:36:57,400 --> 00:37:00,160 Speaker 2: I just wanted to re emphasize when we voted the 610 00:37:00,239 --> 00:37:05,040 Speaker 2: presidential election. Everybody think they're going to impact the presidential election. 611 00:37:05,239 --> 00:37:07,439 Speaker 2: The fact of the matter is we know pretty much 612 00:37:07,480 --> 00:37:09,440 Speaker 2: where which way most of the states are going to 613 00:37:09,480 --> 00:37:12,880 Speaker 2: break in a presidential election, and when you're one of 614 00:37:13,000 --> 00:37:15,720 Speaker 2: one hundred and seventy million people who are going to vote, 615 00:37:15,920 --> 00:37:18,120 Speaker 2: But when you vote in a town election, whether it's 616 00:37:18,160 --> 00:37:24,239 Speaker 2: Cambridge or Canton or wherever, your single vote has a 617 00:37:24,360 --> 00:37:28,680 Speaker 2: much higher impact because there are a few other votes. 618 00:37:29,080 --> 00:37:31,839 Speaker 2: You may be one of twenty thousand people or one 619 00:37:31,880 --> 00:37:35,280 Speaker 2: of ten thousand people, and a lot of those elections 620 00:37:35,280 --> 00:37:38,879 Speaker 2: sometimes end up being decided by literally a handful of votes. 621 00:37:38,920 --> 00:37:41,920 Speaker 2: So you're right, Carrie when you say more people need 622 00:37:41,960 --> 00:37:45,200 Speaker 2: to get involved. And I certainly hope that your business 623 00:37:45,200 --> 00:37:50,000 Speaker 2: owners coalesce and they let people understand that there's only 624 00:37:50,040 --> 00:37:52,840 Speaker 2: so much so much blood you can get out of 625 00:37:52,840 --> 00:37:54,840 Speaker 2: a stone and so only so much money you can 626 00:37:54,880 --> 00:37:57,160 Speaker 2: get out of a business owner. Thanks so much for 627 00:37:57,280 --> 00:37:59,120 Speaker 2: joining us tonight, and I hope we've helped you a 628 00:37:59,160 --> 00:37:59,560 Speaker 2: little bit. 629 00:38:00,560 --> 00:38:02,160 Speaker 3: Thanks so much for having me, and it was a 630 00:38:02,200 --> 00:38:04,640 Speaker 3: pleasure to talk to all of your guests and connect. 631 00:38:05,040 --> 00:38:07,600 Speaker 2: Thanks so much, Gary. We will talk again, and I'll 632 00:38:07,640 --> 00:38:10,920 Speaker 2: have to get over to Grendelsten someday. Steve speaks so 633 00:38:11,000 --> 00:38:13,080 Speaker 2: highly of it. When we get back, we're going to 634 00:38:13,120 --> 00:38:16,239 Speaker 2: talk about a very interesting development in the New Hampshire 635 00:38:16,400 --> 00:38:19,480 Speaker 2: Senate race. As I'm sure some of you have heard today, 636 00:38:19,920 --> 00:38:24,719 Speaker 2: former New Hampshire Senator johnnu no, not the governor, the 637 00:38:24,800 --> 00:38:27,840 Speaker 2: former senator has decided he's going to weigh in in 638 00:38:27,880 --> 00:38:33,439 Speaker 2: the race to succeed Jean Shaheen. This is fascinating. There's 639 00:38:33,480 --> 00:38:38,800 Speaker 2: going to be two heavyweight Republicans, John Sounhu, former senator 640 00:38:38,800 --> 00:38:43,320 Speaker 2: from New Hampshire, and Scott Brown, a former senator from Massachusetts, 641 00:38:43,880 --> 00:38:47,080 Speaker 2: who want the right to succeed, and they're going to 642 00:38:47,120 --> 00:38:49,120 Speaker 2: have to fight each other for it in a Republican primary. 643 00:38:49,160 --> 00:38:50,560 Speaker 2: We'll get to all of that right after the ten 644 00:38:50,600 --> 00:38:51,280 Speaker 2: o'clock News