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The New York Times
The New York Times
The New York Times
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Where the conversation begins. Follow for breaking news, special reports, RTs of our journalists and more. Visit http://nyti.ms/2FVHq9v  to share news tips.

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nytimes.com
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    The New York Times‏Verified account @nytimes 23 Aug 2017

    Rising rents once forced small shops from SoHo. Now, the neighborhood is too expensive for even some big brands.http://nyti.ms/2wnd2jm 

    4:40 AM - 23 Aug 2017
    • 82 Retweets
    • 140 Likes
    • Najibnajibi AMB, Esq. JuanC ((Re_marcus012)) Sharon Delaney Teresita Neddie smith lex 歩亜美💕
    23 replies 82 retweets 140 likes
      1. New conversation
      2. DiscoVietnam‏ @SupernovaLox 23 Aug 2017
        Replying to @nytimes

        How you know you're in a bubble

        1 reply 0 retweets 6 likes
      3. 1 more reply
      1. Paula Di Stefano‏ @pjedistefano 23 Aug 2017
        Replying to @nytimes

        Growing problem all over NYC (& countless other cities in next wave of gentrification). Bklyn's Smith St has at least 20 vacant storefronts

        0 replies 0 retweets 1 like
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      1. jose palmer‏ @peeping1 23 Aug 2017
        Replying to @nytimes

        This is great .These greedy landlords deserve this . Empty spaces

        0 replies 0 retweets 0 likes
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      1. WorkingBananas‏ @namirph 23 Aug 2017
        Replying to @nytimes

        Shameful, neighborhood squares build security! Time to take to your local #rotery & #chamberofcommerce

        0 replies 0 retweets 0 likes
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      1. colin d‏ @colbulmer 23 Aug 2017
        Replying to @nytimes

        sums up the whole country I'd say.

        0 replies 0 retweets 0 likes
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      1. Daniel F. Baranowski‏ @DFBHarvard 23 Aug 2017
        Replying to @nytimes

        Not to worry. NYC's Mayor will fix that after he wakes up from his nap.

        0 replies 0 retweets 0 likes
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      1. Michael Vivar‏ @MichaelMvivar 23 Aug 2017
        Replying to @nytimes

        Attract pop-ups to spur innovation and possibly feel out for a long-term tenant. With reasonable per square foot rent to start.

        0 replies 0 retweets 0 likes
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      1. Echo4India‏ @Echo5India 23 Aug 2017
        Replying to @nytimes

        The ability of landlords to partially write off empty store space losses on their taxes is one cause of this.

        0 replies 0 retweets 0 likes
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      1. steve laredo‏ @stevelaredo 23 Aug 2017
        Replying to @nytimes

        So shouldn't the market dictate a drop-in rents?

        0 replies 0 retweets 0 likes
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      1. SomethingFischy‏ @edfischman 23 Aug 2017
        Replying to @nytimes

        The rents are too damn high. That is all.

        0 replies 0 retweets 0 likes
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      1. Graphic Designer‏ @Unique_Design24 23 Aug 2017
        Replying to @nytimes

        https://goo.gl/qZRs9P 

        0 replies 0 retweets 0 likes
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      1. Chaim Katzman‏ @KatzmanChaim 23 Aug 2017
        Replying to @nytimes

        It is a matter of time till landlords will capitulate causing a drop in real estate values that gone unrealistic

        0 replies 0 retweets 0 likes
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      1. SomethingFischy‏ @edfischman 23 Aug 2017
        Replying to @nytimes

        We have lost our collective minds when playground for the rich is now affordable only for super-rich who have plundered nat'l treasuries.

        0 replies 0 retweets 0 likes
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      1. S Nicole‏ @kokoandjune 23 Aug 2017
        Replying to @nytimes

        can you imagine paying 100k+ just to store your trash?!

        0 replies 0 retweets 0 likes
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      1. S Nicole‏ @kokoandjune 23 Aug 2017
        Replying to @nytimes

        won't say who, but I know of a company that paid 80,000 a month for a floor for trash. And that was just 10 years ago.

        0 replies 0 retweets 0 likes
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