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Small Business Downtrodden Shoe Stores Hang on

Date: Mar 15, 2010
Publication: Crain's New York Business
URL: https://assets.elliman.com/retail_reports/faith - crains- small business- downtrodden shoe stores hang on- 3 17 10.pdf

Once regarded as a shoe district, Eighth Street is struggling to attract customers as it slowly transforms into a restaurant destination.. And since last year, rents have plummeted as much as 25%, to $100 per square foot, says Faith Hope Consolo, Chairman of Prudential Douglas Elliman's Retail Leasing and Sales division. “Eighth Street is a revolving door,” says Ms. Consolo.

 

 

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THE FAITH CONSOLO TEAM

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