<i>Salon</i> moves into Hayward "residency hotel," "regroups"

OK, the headline isn't 100% accurate, but it's getting closer by the day:

[San Francisco-based salon.com] struck a deal with its landlord late last week that will reduce its monthly rent from $70,000 to $21,000, according to documents filed with the Securities and Exchange Commission.

As part of the deal, Salon will forfeit a $400,000 deposit and rent just one floor of the office, instead of the two floors covered in its previous lease.

Hint to Salon: move across the Bay or to San Jose. That's assuming you even need an office in the first place. Have you considered a PMB and voice mail?