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Tenants of Pleasantville Village Plaza believe management of the commercial facilities should be tightened and streamlined, as Housing Development Corporation (HDC) chairman Feeroz Khan questioned the financial viability of the properties.
Opened on November 7, 2006, the Pleasantville Village Plaza is one of seven such commercial properties run by the HDC near its housing developments. It houses about 50 units ranging from 225 to 500 square feet, with rent starting at around $1,300 monthly, and a 175-seat amphitheatre that can be booked for around $2,500.
Khan, at a UNC media conference on January 4, lamented that the property, along with the Edinburgh 500 Village Plaza, Cashew Gardens Village Plaza, Couva Village Plaza, Maloney Village Plaza, La Horquetta Village Plaza and the Bon Air Village Plaza, were only raking in about $1 million annually while accruing a maintenance bill of $10 million.
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