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What is happening to 7th Ave businesses?

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    1. User has not uploaded an avatar
      psbklyn

      rookie newb
      Joined: Oct '10
      Posts: 21

      I walk fairly frequently down 7th Avenue (at least once a week), and I was horrified today to see several businesses closed, or shut down. This is one of the most affluent areas in the country -- what is going on? Very worried about another downturn.

    2. jeffrey
      jeffrey

      is not in right now
      Joined: Feb '07
      Posts: 4,131

      Rents.

      i extend my battery life by turning down the brightness
    3. whynot_31
      whynot_31

      Former Lurker
      Joined: Mar '06
      Posts: 16,030

      Americanization.

      Franchises are slowly replacing many stand alone businesses.

      For better or worse, the change on Nostrand is going to make the change on Franklin look minor.
    4. whynot_31 said:
      Americanization.

      Franchises are slowly replacing many stand alone businesses.

      whynot_31 said:
      Americanization.

      Franchises are slowly replacing many stand alone businesses.

      Agreed.

      I was walking down 8th street in the west village, remarking the same thing, and noticing that all my favorite stand alone businesses were closed, but the awful franchises like Dominos, Subways, BBQ etc on that street are still very much open.

      I try so hard to do much of my shopping at stand alone stores. I never get coffee at StarF*cks, I will go to a food cart first.

      a teaspoon of kisses and a drop of glee
    5. armchair_warrior
      armchair_warrior

      retsop cixelsyd
      Joined: Dec '05
      Posts: 7,946

      greedy landlords wanting outrages amounts for rents. they rather let it sit empty some of them anyway.

      Fight white guilt and injustice by smoking tax free guilt free Reservation Smokes or go gamble in a Native Casino.
      I like to stick it to The Man, The Man happens to be Liberal in NYC(power Structure).
    6. User has not uploaded an avatar
      reader

      getting it
      Joined: May '07
      Posts: 187

      One of things that a commercial landlord told me was that because of the way the city keeps on raising taxes on commercial property it is not always a negative for the landord when a unit become vacant. The landlord will let it stay vacant and use the loss of income to start an appeal process on the real estate tax.

    7. whynot_31
      whynot_31

      Former Lurker
      Joined: Mar '06
      Posts: 16,030

      ^ ding, ding. We have a winner. ^

      For better or worse, the change on Nostrand is going to make the change on Franklin look minor.

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