Retail Opportunity or Disaster at Avenue U and Flatbush Avenue
Essentially the entire northern side of Avenue U between Hendrickson Street and Flatbush Avenue is for sale/for rent (with the exception of the the Verizon dealer). Is this a prime opportunity for useful stores/shops to come to the neighborhood or just more of the same type of useless stores that grace most of Flatbush Avenue?
Mom and Pop Free WI-FI cafe/bakery, anyone?
Filed in Development, Real Estate, Stores | 5 responses so far
Ashley Furniture comes to Flatbush Avenue
Ashley Furniture Home Store has come to Flatbush Avenue between East 47th and East 48th Streets. It appears that Flatbush Avenue could become a destination for furniture and home decor retailers (Raymour & Flanigan exists further south) as many sites could accomodate the large showrooms that such retailers require.
I think having reputable retailers that can bring a new clientele to the area is a good thing. Flatbush Avenue has always had its share of fly-by-night businesses that do not add to a local area’s economy. Although formula retailers are often cited for not contributing to the local economy, the existence of a successful one could foster locally owned businesses to open nearby. And with so many sites vacant, it’s a good sign to see businesses come here.
Filed in Development, Stores | 3 responses so far