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Retail Chains Abandon Manhattan: ‘It’s Unsustainable’
New York Times ^ | Aug. 11, 2020 | Matthew Haag and Patrick McGeehan

Posted on 08/11/2020 3:26:31 PM PDT by Mount Athos

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To: isthisnickcool

Who’s buying those apartments at fire sale prices...the Chinese?


21 posted on 08/11/2020 3:38:22 PM PDT by ryderann
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To: Mount Athos

Time to create a chain of National Public Restaurants, always politically correct, never profitable, and mostly funded by the American taxpayer.


22 posted on 08/11/2020 3:38:46 PM PDT by rightwingcrazy (;-,)
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To: Mount Athos

“””A Gap Store near Rockefeller Center has stayed closed and has not paid its $264,000 monthly rent. “”””””””””’

I think I see the problem, Jim.


23 posted on 08/11/2020 3:39:09 PM PDT by shelterguy
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To: Paladin2
I guess that's where they got their slogan:

Fall into the GAP!

24 posted on 08/11/2020 3:39:45 PM PDT by who_would_fardels_bear
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To: lee martell

...and a variety of clam chowder.


25 posted on 08/11/2020 3:40:41 PM PDT by who_would_fardels_bear
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To: Mount Athos

Commercial real estate is gonna get slammed.


26 posted on 08/11/2020 3:41:03 PM PDT by mylife (Opinions: $1, Today's Special, Half Baked: 50c)
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To: Mount Athos

Creating sh##holes are a #1 priority for the rats. Why would they open to get their store destroyed and looted? Things will change when those who bear the brunt of this chaos, the urban poor families who have no where else to go and are being held hostage have had enough and start electing sane people and law and order come back in a big way


27 posted on 08/11/2020 3:41:32 PM PDT by ronnie raygun
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To: Mount Athos

“....while its properties in Florida — where the virus is far worse — .)”

Where does that bull shit come from?


28 posted on 08/11/2020 3:41:35 PM PDT by Bonemaker (invictus maneo)
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To: Mount Athos

The BLM guy said yesterday 1) it’s a form of reparations taken from white people when persons of color loot and 2) it’s all paid back by insurance.

So how sky high could insurance rates go-—paid by all of us good people?

What if insurance companies say 1) huge charge next term if you lost in looting and burning by “protests” and 2) We’re not insuring your region any longer.

If that is “redlining” ——then no solution.


29 posted on 08/11/2020 3:42:13 PM PDT by frank ballenger (End vote fraud,harvesting,non-citizen voting & leftist media news censorship or we are finished.)
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To: Mount Athos

OMG Victoria’s Secret is paying $937,000 a month in rent are these businesses INSANE!! How in the hell could a business break even with taxes, labor, utilities, and inventory OMG I am astounded!! No wonder they are BEGGING people to come back NO WAY should they go back!! Can you even believe that this INSANE mayor lets this happen to businesses that are paying this kind of rent in his city!


30 posted on 08/11/2020 3:42:26 PM PDT by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: chopperk

Finishing the job the Arabs started.


31 posted on 08/11/2020 3:43:22 PM PDT by Bonemaker (invictus maneo)
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To: Mount Athos

Other cities that have encouraged/allowed these riots are also losing businesses.

So, they [Libs] think a reduction in police forces/budgets will make things better.

==

Hard to determine whether it is stupidity or idiocy. The results are about the same either way.


32 posted on 08/11/2020 3:44:07 PM PDT by TomGuy
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To: Mount Athos

320 million Americans have their own problems. Restaurateurs in NYC are not on the list.


33 posted on 08/11/2020 3:44:11 PM PDT by hinckley buzzard (Power is More often surrendered than seized.p.)
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To: Mount Athos

A guy here had to close due to covid tyranny but he bought a food truck to beat the laws


34 posted on 08/11/2020 3:44:13 PM PDT by mylife (Opinions: $1, Today's Special, Half Baked: 50c)
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To: Mount Athos

It’s OK. Gap will be replaced by organic hemp clothing woven and tailored on site. Of course, they’ll be paying about 1% the rent Gap did. The same goes for the restaurants. Pupusas and pho with barbershops, massages and dice in the back. It will be much more diverse than that white bread Gap store.


35 posted on 08/11/2020 3:44:38 PM PDT by VanShuyten ("...that all the donkeys were dead. I know nothing as to the fate of the less valuable animals.")
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To: Trump Girl Kit Cat

$264,000 a month rent OMG they have got to be kidding me!!

In the same or another article Victorias Secret was paying $937,000 per month rent.


36 posted on 08/11/2020 3:45:18 PM PDT by setter
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To: Trump Girl Kit Cat
$264,000 a month rent OMG they have got to be kidding me!! WHY in the hell would ANYONE return NO WAY!!{

The foot traffic around Rock Center is yuge. There are tourists all year round...forget about when the tree is up...not to mention all the office buildings. So sad!
37 posted on 08/11/2020 3:45:34 PM PDT by Miss Didi ("After all...tomorrow is another day." Scarlett O'Hara, Gone with the Wind)
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To: Paladin2

Sounds unsustainable.”

sure does, 264K a month plus NYC and NYS taxes. That and knowing the Amish could loot your inventory and burn your store at any time. Why would anyone re-open?


38 posted on 08/11/2020 3:46:22 PM PDT by gibsonguy
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To: Mount Athos

Bookmark


39 posted on 08/11/2020 3:46:38 PM PDT by aquila48 (Do not let them make you care! Guilting you is how they control you.)
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To: Mount Athos
Their problem is not me and the Democrats; their problem is themselves. Who are they? Are they these extreme conservatives who are right-to-life, pro-assault-weapon, anti-gay? Is that who they are? Because if that’s who they are and they’re the extreme conservatives, they have no place in the state of New York, because that’s not who New Yorkers are.

-Gov Andrew Cuomo

40 posted on 08/11/2020 3:46:50 PM PDT by JPG (MAGA 2020!)
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