The empty storefronts in NYC are becoming all too common. Why? The Rent’s too high, among other things. The amount of goods a store would have to sell to cover the rent plus the need to price the item at a cost that could make a profit to pay the rent (not to mention other overhead costs) are hurting businesses, and all of us. At the end of the the day, we’re all affected by it. I did see something hopeful the other day when I was walking on the Upper East Side. An Artist filled a very large empty storefront with his/her art which I thought was great in the meantime. Pop up shops, for small businesses, if you’re out there…this may be your time. There is also hope that rents will come down. The next two links contain info. about the number of empty storefronts on the Upper East Side (a whopping 145) and Broadway (a whopping 188) – this taken from dnainfo.com NYC (stay informed)…Read More…
