Monday, August 1, 2011

So this is what affordable NY housing looks like, Pt 4: Retail Space

So far, my posts on affordable NY real estate have focused on residential domiciles (for a refresher, take a look at my first, second and third housing posts).  This week, I consider the impact of rising rents on small business owners in Brooklyn.

Take, for example, the below Animal Hospital, spotted in the Slope on 11th Street and 7th Ave:

Note the reading material thoughtfully provided in the Vet's "waiting room"
There is a clear vacancy at the hospital, as evidenced by the open purple door (alternatively, there is a rabid dog on the loose - but that's a different post...).  Will the Vet be able to continue to afford to pay an astronomical Slope rent without full occupancy?  Or will this local hospital suffer the same fate as so many other small businesses in the neighborhood?

I know one little guy (also spotted on 11th Street and 7th Ave) who's counting on the hospital remaining open:

It appears the horse may have lost his legs in some sort of farming accident, given all of the machinery piled up to the left of him
Poor fella - just one short, errrr, step away from the glue factory...

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