Index funds would never have been able to become such an existential threat if stock pickers had run their own businesses more thoughtfully. The response, at the time, was an outpouring of agreement from senior executives throughout the asset-management business — none of whom, so far as I could ever tell, did a thing about the problems they said I had diagnosed so clearly.
December 21st, at Moderated by Jerrold France and Chris Thorn. Edited by Randall Shearin. While the retail sector in New York, New Jersey and Connecticut is doing well, some attendees pointed to a bifurcation of the market, with high end retailers and discounters being the most active tenants.
Deborah [Jackson], where do you see the retail sector in New York?
A lot of [tenants] get priced out of other areas and you have the traffic and you have a young crowd. Vintage retailers and other types are in the area.
When our economy goes south, people become more creative. In what specific areas do you see the biggest demand for, in the New York market? Times Square, Fifth Avenue and the 50s. It has really filled up. The interior of Soho has also been shockingly strong in the last 6 months, like Greene and Mercer Streets.
We are seeing that the area of Soho from the south around Grant Street has really improved. What are some of the attributes that help make New York so unique for retailers? Many people look at it as a center of creativity in the United States. That drives a lot of economic factors here internally.
Even though the Euro is not nearly as strong as it has been, the exchange rate is stable enough that many international tourists and European tourists look upon New York as an exciting place to visit. It provides a lot of different venues than some of the European capitals do.
Although London has certainly become more exciting in the last 10 years. As a public company, how does Acadia look at New York and the surrounding areas and boroughs, as far as retail opportunity?
Acadia Realty Trust chose to focus on an aggressive program to recycle and invest new capital into the urban markets. In New York, in our opportunity fund business, we have a rather large urban development platform, the largest project of which is in downtown Brooklyn called City Point, which is currently under construction.
New York treats us very, very well.
Andy [Schulman] and Sam [Polese], how do you, as owners, look at retail opportunities today and as you move forward? We love New York and we love the high streets. The high streets really hold their value. Even when things get a little bit tougher, they come back much faster.
The climate for high streets is incredible right now for retail, especially because space is very tight. This year, I believe there will be more than 50 million tourists coming to the United States. I think the bulk of them are coming to New York. That is why you see side streets in Soho performing so well and why we see Fifth Avenue now extending down to 42nd Street.
We believe that could even continue to 34th Street in the next 5 years. Fifth Avenue is one of the most sought after.
As a follow-up to Tuesday’s post about the majority-minority public schools in Oslo, the following brief account reports the latest statistics on the cultural enrichment of schools in Austria. Vienna is the most fully enriched location, and seems to be in roughly the same situation as Oslo. Many thanks to Hermes for the translation from leslutinsduphoenix.com Latest news, expert advice and information on money. Pensions, property and more. Outline the nature of supermarket power on the high street and beyond. I will be looking at the power concept and how the social scientists divide the consumer society into two parts involving the seduced and repressed, I will be focusing on the four largest shops which dominate the .
People are always inquiring about prices and sales. People are more interested in hearing about how the sales volumes are equated to the enormous rents they need to pay here.
A lot of retailers just knock it out of the park from day one. Until space runs out, 5th Avenue is going to be on fire. In Flatiron, you had all of those vacancies and now all of a sudden there are no vacancies.
Everyone wants to be there. Because the rent in Flatiron has decreased. There was a big disparity. The north end of the Flatiron District has really activated, which was also activated by Union Square.Meanwhile, individuals have joined institutions in thrall of instantaneous learning.
A sanitation worker in Des Moines, updated non-stop by CNBC and the internet and armed with toll-free telephone numbers and a computer mouse, can engage in instantaneous performance arbitrage at no frictional cost. Les Feldick teaches from Revelation: Anti-Christ and the False Prophet.
Escaping Remnants, Satan Cast from Heaven. Trumpet and Bowl Judgements and the Battle of Armageddon. Latest breaking news, including politics, crime and celebrity.
Find stories, updates and expert opinion. Published: Thu, 29 Jun Fast food franchising was still in its infancy in the ’s however this picked up greatly in the ’s due to several factors including the “steady decline on hourly wages of US workers” which resulted in a substantial percentage of women .
the nature of supermarket power on the high street and beyond INTRODUCTION In this essay I will be outlining the nature of supermarket power and how it affects competing retailers and the impact this has on us as consumers. This essay is summarising the studies and concept regarding supermarket power on high streets and beyond.
From Wikipedia definition, “Supermarkets are usually mega-stores, a self-service shop offering a wide variety of food and household products, organized into aisles”.