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Friday Fun Thread for September 26, 2025

Be advised: this thread is not for serious in-depth discussion of weighty topics (we have a link for that), this thread is not for anything Culture War related. This thread is for Fun. You got jokes? Share 'em. You got silly questions? Ask 'em.

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The municipal government argues that the grocery store's below-market rent of 0.77 $/ft2 results in valuation of 2.3 M$ for the two properties at issue. The couple argues that the market rent for the grocery store was 8.5 $/ft2 and on that basis the proper valuation of the two properties is 4.8 M$

Huh? Why is the valuation only ~twice as much after the square foot price is 11x bigger?

Whoops, my mistake.

Without considering the ACME contract rent, the arbitrator determined "the market rent[]" for the ACME building was $4.00 per square foot. He then considered the ACME contract rate, finding "[a]ny reasonable buyer would certainly consider the financial impact of this lease in determining what it would be willing to pay for the subject site. To suggest that the ACME lease can be ignored in determining its market rent is manifestly unreasonable." Factoring in the contract rent, the arbitrator found the market rent for the ACME building was $2.00 per square foot.