This is the web version of a feature that originally appeared in Real Estate Forum magazine. To see the story in its original layout, click here.

 

The “death of retail” warnings and store-pocalyse premonitions have taken their toll this year in New York as major retailers like Lord & Taylor, Toys “R” Us and Henri Bendel announced store closures including their iconic flagship locations. This has been a national story, of course, but in the economic jungle, the Big Apple in many way, is its own kind of animal.

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Betsy Kim

Betsy Kim was 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.