Well, it's tough to extrapolate from one anecdote, but Crain's concludes that Retailers wilting in Barclays Center's shadow
The Chocolate Room, which has operated its dessert cafe/retail outlet at 86 Fifth Avenue in Park Slope for ten years faces a $13,500 rent, but instead counteroffered $7,000, which suggests the proposed rent is more than double the current rent. The Chocolate Room may move.
The Chocolate Room, which has operated its dessert cafe/retail outlet at 86 Fifth Avenue in Park Slope for ten years faces a $13,500 rent, but instead counteroffered $7,000, which suggests the proposed rent is more than double the current rent. The Chocolate Room may move.
Landlords believe the proximity of the arena justifies a rent hike, but The Chocolate Room, like many other retailers, haven't seen a spike in business. That said, there has been a spate of bars closer to the arena, so maybe The Chocolate Room's landlord will end up with a new tenant: a bar.
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