NEW YORK CITY-NoLIta, the area that gets its name from its location north of Little Italy, has been heralded as the trendy and up-and-coming neighborhood for retail du jour. Walter & Samuels managing director Jud Ebersman says NoLIta is passé and that West Chelsea has the staying power NoLIta lacks.

“NoLIta will come and go because it simply doesn’t suit,” he says. “The stores are small and the district doesn’t lend itself to retail–not to mention that the foot traffic is not at all comparable to that of SoHo.”

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