Daily Mail takes a look at some of the reasons that storefronts remain empty and more and more are joining them. Part of what made Manhattan neighborhoods what they are is mom and pop. Most mom and pop are being forced out due to high rents but even recently, Petco closed a store on Manhattan’s upper west side with the reason being given that the rent was too high. This store was only open less than 2 years.
The Author- Brian Silvestry , a licensed real estate broker, has been selling residential and commercial real estate since 1999. He has sold in every Manhattan market from Battery Park City to Washington Heights.