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IKEA rendering at 999 Third Ave. Rendering of IKEA “Planning Studio” at 999 Third Ave./ Image provided by IKEA

NEW YORK CITY—As people get older they often downsize, moving from suburbs and into smaller spaces in urban areas. Some retail stores are following this same trend. With Target’s small format stores, now IKEA’s “Planning Studios,” companies are also embarking on a “good things come in small(er) packages” strategy.

Betsy Kim

Betsy Kim is the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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