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Retail effect at 52 East 4th Street

Started by petelaz
almost 15 years ago
Posts: 4
Member since: Feb 2010
Wondering what the 7-11 store entering the retail space will do to values in the building, which touts luxury.
Response by mazzee
almost 15 years ago
Posts: 11
Member since: Aug 2010

Probably about the same as what McDonald's did for Gramercy Starck. Not much.

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Response by petelaz
almost 15 years ago
Posts: 4
Member since: Feb 2010

I'd like a better control subject. I think Starck is a bad comparison since the poor location has had a worse effect on pricing than the McD's has - pricing there was never strong and has gotten softer. I guess time will tell.

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Response by Wbottom
almost 15 years ago
Posts: 2142
Member since: May 2010

don't wonder, fool...just buy

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Response by falcogold1
almost 15 years ago
Posts: 4159
Member since: Sep 2008

at $2207 per sqft I'd say MickyDees or 7-11 would be a good thing to have near by.

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