I'm curious so are they struggling to attract new tenants ? It does seem like there are still a lot of vacant stores, is it the rental rates ? Foot traffic ?
Agree. Lawrence is much nicer. Nothing wrong with Asian places but when that's virtually the entirety of independent businesses, it gets dull.It's mainly food along the entire strip and a lot of nail/beauty type places. And the food is heavily Korean/Asian. Not a lot for me and I both work and live up here. The retail strip on Yonge north of Lawrence (let alone further south) is a breath of fresh air compared to here (for me at least).
Thanks for the explanation ! Now the thing is Emermald Park is just about 100% food as well ? That seems to be the theme for NYCC ! I'd wager from Finch <-> Yonge, what maybe 90% of all the retail is food related ? (be it restaurants, convenience stores, grocery stores, ...) and they generally seem to do really well !
I always thought a bulk barn would help Sheppard Center (of course that's just more food : ).
Really perplexed why T&T or the like didn't go into any spot in the area (I know they tried back in the day), mind you there are so many smaller asian convince stores already.
NYCC has a very interesting dynamic !
I think the office market has been on a very slow decline for 10 years (I'm not talking about new builds, I'm just talking about the % of leased space).
With that said, as likely anyone in the area knows, walk around any weeknight after 6/7pm and the area is fairly packed ! I wager that can be attributed to the fact that the population in and around NYCC seem to eat out much more then the average in the rest of the city (or at least that's how I see it).