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QUESTION

What is the total number of storefronts in New York City and how many are vacant? What is the breakdown between smaller and larger storefronts?

0:18:15

·

41 sec

The Deputy Commissioner for Neighborhood Development from the Department of Small Business Services (SBS) states that there are 144,359 total storefronts in New York City and 16,384 of them are currently vacant.

No details were provided regarding the breakdown or comparison between smaller and larger storefronts in the city.

Oswald Feliz

0:18:15

A few questions, general questions about storefront and store front vacancies.

0:18:21

How many store fronts do we have in our city?

0:18:24

How many of them are vacant?

0:18:26

And also how do they there are smaller storefronts versus the larger ones, if that's information that we have.

Calvin Brown

0:18:32

Yes.

0:18:32

We do.

0:18:33

In terms of the raw numbers and according to our latest quarterly account, there's a 144,359 storefronts.

0:18:46

What was the second part?

0:18:47

I'm sorry, dude.

Oswald Feliz

0:18:48

How many of them are vacant?

Calvin Brown

0:18:49

And in bake in terms of vacancy, about 16,384.

Oswald Feliz

0:18:56

Okay.

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Tian Weinberg, Chief of Staff at the New York City Department of Small Business Services (SBS), on Efforts to Revitalize Neighborhood Commercial Corridors and Support Small Businesses

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What is the average duration for storefront vacancies?