General Discussion

Sherman A1

(38,958 posts)

12. I saw a similar occurrence nearby

Mon Jan 14, 2019, 07:21 PM

Jan 2019

The Barnes and Noble closed in the strip center due to a rent hike buy the developer. The store front has remained vacant for a good 5 years now. No it may not have survived much longer with the shifting sands underlying the Retail Sector and the book business, but rent was a big factor in the decision to close. The same center is losing Pier One, across the street Lowe’s has closed along with K-Mart, O’Charleys, Arby’s and a Shop n Save (Super Valu). Granted the were many factors in play, but that is a whole lot of Retail gone within 6 months.

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N.Y. Today: Can Anyone Solve the Vacant Storefront Problem? [View all] Sherman A1 Jan 2019 OP

Where I live it's less about rent and more about the super stores Buckeyeblue Jan 2019 #1

NYC has a very energetic local retail industry... brooklynite Jan 2019 #4

Increasing rent to the point your tenant can not afford to pay Flaleftist Jan 2019 #2

Take away the tax incentive for waiting for a tenent with deep pockets. marble falls Jan 2019 #3

Artists should be able to display their works in storefronts. nt zanana1 Jan 2019 #5

I live in NYC and have seen this happen Trumpocalypse Jan 2019 #6

It sounds like those tax laws need to be changed. Flaleftist Jan 2019 #7

I see the biggest retail trend to be resale. safeinOhio Jan 2019 #8

It is not just NYC crazycatlady Jan 2019 #9

Here in the midwest, the builders get such huge financial incentives to keep building... cbdo2007 Jan 2019 #10

Happens even in small, beat down, rust belt towns DeminPennswoods Jan 2019 #11

I saw a similar occurrence nearby Sherman A1 Jan 2019 #12