The New Retail Thread

meddlepal

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peaking of 401 Park (nee Landmark Center)
I wonder if this will be another 200 Clarendon / Hancock Tower thing... I'm always gonna know it as the Landmark Center / Sears Building.
 

cjbski

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Starbucks at 165 Newbury St. (between Dartmouth and Exeter) will close on 9/24 for good.
 

cjbski

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At 121 Seaport, Shin-Mono (ramen restaurant), Helly Hansen (outdoor apparel), and Mejuri (jewelry) will open.
 

HenryAlan

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According to the article, they are closing due to real estate prices, but I'm pretty sure they own the building, so more accurately, they are cashing out on the real estate and liquor license equity. The real estate piece is more complicated, but we very clearly need to do something about liquor licenses. Same thing happened a year ago at a popular restaurant in Roslindale. The owner tried to arrange an Ayanna Presley neighborhood license so that he could sell his expensively acquired transferable license. The city said no, so he sold anyway, then closed the restaurant. If Davio's and other high end, corporate brand operations want to pay $455,000 for a license, then we have to expect neighborhood license holders to close if they can't sell and then replace with a non-transferable variant. This is a very easy thing to fix.
 

meddlepal

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I've basically resigned myself to the idea that Boston is simply going to choke itself to death on price. There's little compelling reason to live here or start small business here over NYC at the prices things are reaching.
 

JumboBuc

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I've basically resigned myself to the idea that Boston is simply going to choke itself to death on price. There's little compelling reason to live here or start small business here over NYC at the prices things are reaching.
I feel ya, but this isn't a price story. The guy owns the building and the liquor license. He isn't being squeezed on price. It's not that he can't afford to run the bar, it's that he has decided he can make a windfall doing something else instead.
 

JumboBuc

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Do not mean to downplay the importance of employment or livelihood, but the quote above is highly contingent upon one's definition of "success"
When discussing "business success" in this context, the relevant definition seems rather clear.
 

meddlepal

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Not surprised... I went in there once after ownership changed and it was nothing like it's old self. It was probably hemorrhaging money at the moment as when I went it was barely occupied. That place used to be packed.

On the other hand, they've managed to revitalize The Tam as a business. There's now lines to get in Thursday, Friday and Saturday. That was never the case under the old ownership. Not saying it's better, but it's definitely busier.

That said, I don't think The Tam is long for the world either. A few months back I saw some folks inspecting various aspects of the building, possibly as part of an engineering or architectural planning bit. The top floors of that building are probably worth a lot if they can be fixed up.
 

JohnAKeith

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Meeting in Seaport tonight about plans to turn Blue Dragon in the Fort Point into a retail marijuana facility. Sounds good to me!
 

whighlander

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[QUOTE]SeamusMcFly
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Sep 26, 2008

Supposedly there is to be a supermarket as part of the Waterside (not next to the water) place development. Or the one next to it.

So within 10 - 15 years you may be able to buy groceries down here.[/QUOTE]


Hit on the above by accident [missed the connection to the last page in the thread] -- Very prescient as there is soon to be a Trader Joe's right there on the boundary between the old South Boston Fan Pier / Fort Point and the new Seaport / Innovation District

Trader Joe's Seaport (566)
COMING SOON!
44 Thomson Place
Boston, MA 02210
Alcohol: Not at this location
 

cjbski

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Forever 21 (at the top of Newbury Street) apparently is trying to get out of their lease. Saw something on the Dartmouth Co. site about the massive site being available right away.

No surprise given F21's problems lately.
 

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