It happens to be a great idea, assuming the objective is to harm local businesses and destroy a neighborhood.
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1) NYC is already a tough place for businesses due to heavy taxation and stifling regs; and the retail environment today makes it that much tougher. Try Googling “Retail Apocalypse” for starters. So, yeah, any incremental difficulty makes those businesses more vulnerable.
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You can't have a community around retail. You can't measure a neighborhood's vibrancy through profit. Try again.
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