Space Too Smelly to Rent or Own?

Space Too Smelly to Rent or Own?

Micki Howl
Oct 14, 2010

Our sense of smell plays a vital role for our well-being and quality of life. We are able to recognize 10,000 different smells in this world, so what happens when one of the lesser attractive odors is lurking in a place we would like to call home?

The New York Times addressed this question by singling out a local truffle shop that moved into a New York City neighborhood building, and now has the owners wanting to move out. The stench from the shop is described as "horrific" and is blamed for the saggy sales prospects within the building. I don't find it hard to believe that many people won't buy a place with a smell they can't stand, but the article points out that people are unpredictable and have signed on the dotted line before when an apartment smelled like curry (but not when it smelled like fast food).

I remember when I was in college there was an apartment complex near campus we referred to as "The Stinkies," due to its unfortunate position near the city's septic facility, but that didn't stop people from renting apartments there year after year. I'm curious: at what point do you think a space is worth passing up or even selling, if you're the owner, when an odor has made itself at home? How much influence does a smell have when you are looking to buy or rent a space?

Read the full article: New York Times

Image: International Business Times

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