[LikeHamilton]

From Steve Kulakowsky, owner of Core Urban and this building in Facebook.

As a real estate business we want our tenants to succeed. Their success is our shared success.
In the case of 61 King E there are exceptions.
With little consumer protection, cheque cashing stores typically extort the most marginalized and low income groups. High fees and interest rates keep them in a cycle that is hard to break.
We have not extended the Lease of Cash Money and are proud to say this is the 2nd outlet of this kind we have closed in our portfolio.
The foresight in the City of Hamilton's 2018 bylaw is working. Once a cheque cashing location is closed it can no longer re open, in any ward. No new licences are issued.
As a result, this storefront may remain vacant, but in time the future use will be a positive for our community, not a negative.

https://scontent-yyz1-1.xx.fbcdn.net...mg&oe=63C25DEF

https://scontent-yyz1-1.xx.fbcdn.net...3w&oe=63C28D5E