Puddester would not say exactly how long the dispute had been going on, or if founder Stephen A. Geppi had simply missed rent payments or was not paying rent at all out of protest. But he did say the rent became an issue when the Sports Legends Museum at Camden Yards, the tenant in Camden Station below Geppi’s, had its rent payments reduced in June 2007 because the nonprofit was struggling to make ends meet due to unexpectedly low admissions revenue.
At that time, the stadium authority voted to forgive the museum its $444,274 in back rent and also lowered its monthly rent from about $32,200 to $10,300, which Puddester said approximately covers the building’s operating expenses. The museum, which received partial funding from the state, opened in 2005.
Apparently part of the reason the musuem has not been doing well is because of declining attendance at Camden Yards.