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January 7, 2009
What Product or Service Does Fif
A building that I manage on Fifth Avenue between Dean and Bergen St was the home of an upscale clothing store and then a trendy hair salon. It was vacated January 2009 and now is available for lease. I’am looking for a business to provide a product or service that will do well at this location. The two apartments upstairs are also available for the business owners to use for living quarters. The building is about 900sf per floor and has a basement. (check out details @ RDMPropertyManagement.com) What does Park Slope need that would be a good fit for this location?
Comments
1. H&H Bagels
2. Vietnamese sandwich shop (Nicky's...?)
3. Chop Chop (make your own salad type place)
4. Vintage/Thrift store - Buffalo Exchange or possibly vintage furniture...someplace like Repop on Washington Ave.
5. Kiehls
6. Cupcake place
7. A sleek gay bar
8. Beard Papa
9. A divey gay bar
10. A music/instrument/guitar shop
I realize some of these are pipe dreams, but we're lucky in Park Slope and already have a plethora of retail. Things like bars and thrift stores seem to be doing really well in this economy though.
Posted by: 11217 at January 7, 2009 9:48 PM
You cannot have any food that caters to a lunch crowd, cause the neighborhood does not support lunch. Do not have sushi, too many sushi places. An upscale pizza slice place would do well. There is only Pizzatown in this part of 5th and it aint that good. Or a bar/Pizza place.
Posted by: billyboomer at January 7, 2009 10:00 PM
Practically anything done right could potentially operate in that location.
Unfortunately too many people don't know what they're doing and quickly fail. They also underestimate the cost associated with running a retail business and the nearly endless amount of work it takes to succeed.
If that block doesn't get tons of walk-by traffic, which I suspect it doesn't, the business will have to effectively lure in customers by providing a unique or superior product or service -- a very difficult goal to achieve.
What's the saying. . . "Nine out of ten restaurants fail in the first year"?
Posted by: IronBalls at January 8, 2009 7:51 AM
consignment store like the one on Atlantic Ave in Boeurm Hill!
Posted by: brooklyny at January 8, 2009 9:54 AM
a roller disco! (adults only tho). or maybe an old school bathhouse? (no sex tho)
*rob*
Posted by: PitbullNYC at January 8, 2009 2:26 PM
Because of the new law, thrift stores won't be able to see used clothing pretty soon unless it's all tested for "Chinese chemicals".
Thrift stores that sell clothes will be going out of business across the country unless the law is changed.
Posted by: IronBalls at January 8, 2009 8:47 PM
Ironballs....per usual...you don't read very well...
CPSC: New consumer law will not affect consignment shops
January 8, 2009:
Syracuse, New York (WSYR-TV) - In a press release issued Thursday, the Consumer Product Safety Commission has clarified the new Consumer Product Safety Improvement Act, saying that the new law will not impact thrift stores and consignment shops.
The Consumer Product Safety Commission says "sellers of used children’s products, such as thrift stores and consignment stores, are not required to certify that those products meet the new lead limits, phthalates standard or new toy standards."
Had the law applied to thrift stores, they likely would have been unable to pay to have their clothes tested for lead, so the stores would have had to throw out the clothes, or even go out of business, if children's clothing sales comprised a majority of their income.
The CPSC says the lead testing law will require manufacturers and importers to test products for lead and other dangerous chemicals only if they are made after February 10, when the law goes into effect.
Posted by: 11217 at January 9, 2009 2:24 PM
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