Wednesday, March 4, 2009

Signs of the Recession Part 2

The sheer volume of empty stores and shops having their final closing sales and steep discounts on places trying to save their skins is overwhelming.

This particular space for rent is on the ground floor in Midtown on 5th ave. Except for a brief interlude during the holiday season, this space has been empty and looking for a tenant since the fall.

What kind of world is it where ground floor space on 5th ave won't move? It's scary to me, and it's scary to a lot of other people, too, from what I can see. I hope we can turn things around soon, but right now that's not looking too likely.

1 comment:

  1. Hey KAte, thanks for your comment on TSR. And congrats on the engagement! I would love for you to share any of your budget tips for a Manhattan wedding. I have several friends getting married this year, so I am sure they would appreciate the tips as well! let me know what you have and I'll post and credit you.