04/01/2026
IMPORTANT NOTICE REGARDING OUTSTANDING BLOCKBUSTER VIDEO DEBTS
As many of you know, our building was previously a Blockbuster Video store. When it closed, Blockbuster defaulted on its lease and left behind numerous unpaid customer accounts, including late fees, failure-to-rewind charges, and unreturned rentals.
After lengthy negotiations, we recently reached a formal settlement with the Blockbuster estate. All outstanding customer debts have now been officially assigned and transferred to us.
Effective immediately, we will begin contacting former customers with remaining balances. These accounts have continued to accrue 22% compound interest annually, along with late fees, inflation adjustments, and collection costs.
For transparency, here are a few examples of current balances:
Example 1: “The Lion King” (1994, failure-to-rewind charge)
Original fee: $2.49
After 31+ years of 22% compound interest and fees
Current balance: $18,742.65
Example 2: “Titanic” (1998, returned 5 days late)
Original late fees: $24.95
After 27+ years of 22% compound interest and surcharges
Current balance: $68,459.37
Example 3: “The Matrix” (1999, failure-to-rewind charge)
Original fee: $2.99
After 27 years of compound interest and fees
Current balance: $22,518.76
We will reach out individually via mail or phone in the coming weeks to arrange payment. Payment plans are available.
Please update your contact information if needed. If you believe your account was already settled, reply with your original membership number for verification.
Thank you for your attention to this matter.
April Fools! 😂
We’re just having fun with the building’s history. No actual debts are being collected — no one owes us anything. If you still have an old Blockbuster tape at home, feel free to drop it off. We’ll even rewind it for you.
Happy April 1st!