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Started By
Message
re: NYC brick-and-mortar retail may be dead - up to 50% may not reopen
Posted on 9/26/20 at 7:06 pm to cokebottleag
Posted on 9/26/20 at 7:06 pm to cokebottleag
NYC has been ever since America has been a country and well before that even
1
Posted on 9/26/20 at 7:06 pm to DavidTheGnome
quote:i can't imagine chanel, prada, etc. are going anywhere
That’s bs they’ll reopen in time or somebody else will. NYC is too much of a shopping hub to not
Posted on 9/26/20 at 7:08 pm to goofball
Let's see if NY will elect another democrat mayor and continue to elect Nadler and his friends.
If they do, they deserve what is happening to them.
It's sad. Because NYC used to be such an incredible place.
If they do, they deserve what is happening to them.
It's sad. Because NYC used to be such an incredible place.
Posted on 9/26/20 at 7:11 pm to goofball
Can’t loot what’s not there.
Posted on 9/26/20 at 7:11 pm to goofball
Posted on 9/26/20 at 7:14 pm to goofball
So.. is rent going to be cheaper?
Posted on 9/26/20 at 7:16 pm to Y.A. Tittle
But their federal bailout will be tight!
Posted on 9/26/20 at 7:17 pm to BeepNode
Landlords and banks will take a major haircut. Wall Street funds will swoop in and buy assets at a major discount hoping that a reduction in price per square foot will encourage new tenants
Not sure how small businesses are going to have enough access to capital to fill in all the empty spaces
Not sure how small businesses are going to have enough access to capital to fill in all the empty spaces
Posted on 9/26/20 at 7:18 pm to goofball
Now do commercial real estate followed by residential real estate. CRASH ahead.
Posted on 9/26/20 at 7:25 pm to goofball
Don’t blame them one bit. It must be expensive as hell to operate a store there and you’re only one riot away from losing it all when some thugs come to loot it
Posted on 9/26/20 at 7:26 pm to BeepNode
quote:
So.. is rent going to be cheaper?
Probably. It's like 30 years old. At some point, everyone's seen it.
This post was edited on 9/26/20 at 7:27 pm
Posted on 9/26/20 at 7:27 pm to goofball
People enjoy shopping in actual stores, so I don’t think they are going anywhere. The minute a vaccine is created for this damn virus, things will get back to the way people like them.
Posted on 9/26/20 at 8:11 pm to goofball
And more than a third of NYC apartment leases haven't been paid since March.
Posted on 9/26/20 at 8:24 pm to goofball
Bezos and Co. will catch the slack.
Posted on 9/26/20 at 8:31 pm to goofball
You just hate to see it. Let's see that jackass of a mayor cry and beg the money folk to come back again. He's realized who really pays the bills in that city.
The others will learn soon enough.
The others will learn soon enough.
Posted on 9/26/20 at 8:33 pm to LegendInMyMind
quote:they know they just rather pillage figure the Govt will always step in and fix it
The others will learn soon enough.
Posted on 9/26/20 at 8:39 pm to OWLFAN86
quote:
they know they just rather pillage figure the Govt will always step in and fix it
Cities, particularly commercial and retail hubs of cities, that are reliant upon sales tax for staying afloat can cater to the poor, shite stirrers of the populace only for so long.
When the environment of lawlessness and instability starts to legitimately threaten people's money, they will leave and take that money elsewhere. When that happens, those in charge have a hard choice to make. The vocal minority isn't paying the bills, and it never will.
Posted on 9/26/20 at 9:07 pm to SuperSaint
quote:
its an absolutely amazing city... buncha chicken littles itt. NYC isn’t going anywhere. I’d love to move to NYC, eating at Applebee’s and living in Zachary or Conroe isn’t for everyone.
What’s your favorite nyc restaurant?
Posted on 9/26/20 at 9:09 pm to dsides
quote:
What’s your favorite nyc restaurant?
Sbarro's
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