'Hearts Beat Loud' indie drama puts Red Hook's affordability front and center

… Hearts Beat Loud an indie drama newly released this month on video prides itself on keeping … forced to close his shop Red Hook Records because of rising rents That certainly sounds familiar There really is a … opened in 2015 According to StreetEasy the storefront was renting for $3250 per month back in 2011 While the movie …

By Kelly Kreth |October 22, 2018 - 9:00AM
NYC has lots of empty stores. Why can't people live in them?

… Its a question that anyone walking down a New York City street lined with empty storefronts might ask … places themselves Thats because in general New Yorks retail rents dwarf residential rents so comparing them is pretty apples and oranges  For …

By Jennifer White Karp |April 23, 2018 - 2:00PM
Is it time to rejoice when Trader Joe's hits your neighborhood? That depends...

… here in the city with the grocery chain planning to open new locations in SoHo on the Upper West Side in the East … Comandini says But its not all smooth sailing of course For renters all of this change can mean landlords are more likely to raise rents and tack on steeper rent increases when it comes time …

By Lambeth Hochwald |July 18, 2017 - 10:59AM
Why does infrastructure lag so far behind gentrification?

… neighborhoods one question remains Why are so many basic services nearnonexistent in places where housing prices have … such as drug stores pharmacies and banks as well as city services like streetsweeping or snowplowing As one friend in … that were primarily industrial so didnt have any existing services for a residential population  Every neighborhood is …

By Virginia K. Smith |December 30, 2016 - 10:07AM
The retail space scorecard: What you need to know about the business below you

… for suburban real estate curb appeal does matter in New York City says real estate broker Ari Harkov of Halstead … residents dont want to have traffic in the lobby In the current frenzied market however some commercial spaces that … a big retail favorite  Often they are willing to pay higher rent than other tenants since they look at their rent as …

By Marjorie Cohen |October 21, 2013 - 10:33AM
Ask an Expert: What are the best & worst businesses for the retail space beneath our co-op building?

… Q What are the best and worst kinds of businesses to lease out the commercial space beneath … of quality of life for residents financial security for our building and resale value of apartments  … A Our experts … with a notoriously difficult boardthey rejected Richard M Nixon among othersthey converted a medical office into a …

By Teri Karush Rogers |January 15, 2013 - 8:56AM