Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Andrew Berman Andrew Berman, executive director, Village Preservation, Greenwich Village Society for Historic Preservation

NEW YORK CITY—There’s been much concern about the challenging retail environment in New York right now, and much debate about the causes. Spiraling retail vacancy rates and the closure of beloved businesses have led to finger pointing at landlord greed, e-commerce, overzealous rules enforcement, and even landmarking, which some claim puts small businesses “in a bureaucratic straight-jacket.”  But in fact, a first-of-its-kind study we recently released indicates that landmarking not only does not hurt the retail environment for small businesses, it might even help them.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.