tag:blogger.com,1999:blog-21554899.post9121686339674560443..comments2024-03-26T04:26:04.911-07:00Comments on Lost City: The Gold Star Deli Two Years LaterBrooks of Sheffieldhttp://www.blogger.com/profile/18297071358029060908noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-21554899.post-77967971133276239402014-12-21T12:06:15.822-08:002014-12-21T12:06:15.822-08:00The entire corner, 1487-1493 is razed and sitting ...The entire corner, 1487-1493 is razed and sitting empty right now waiting for construction. The couple who ran the Gold Star back when I lived there in the 80's were wonderful. Friendly. Catch a Rising Star was on the block, as well as the original Burritoville. The buildings (at least 1487-89) were owned by the Moinians so I assume there is a high rise going up. Took a photo of the lot but no way to post.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-21554899.post-74296084460348087052011-06-01T20:59:12.341-07:002011-06-01T20:59:12.341-07:00They were emptying this entire block front a few y...They were emptying this entire block front a few years ago. I suspected then that they were planning on tearing the old buildings down and developing. Over time, I suspected that the real estate bust had put a wrinkle in that plan.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-21554899.post-63544522396466517742011-06-01T10:32:19.853-07:002011-06-01T10:32:19.853-07:00It's possible.
The state of the place would in...It's possible.<br />The state of the place would indicate that the landlord expect the money to come to him with minimal effort.Brooks of Sheffieldhttps://www.blogger.com/profile/18297071358029060908noreply@blogger.comtag:blogger.com,1999:blog-21554899.post-23852012501762092472011-06-01T10:30:01.990-07:002011-06-01T10:30:01.990-07:00It's possible that there were no rent hikes bu...It's possible that there were no rent hikes but the deli went out of business for other reasons. The fact that there's a "for rent" sign presumably means that the landlord is not happy with the vacancy.<br /><br />PeterAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-21554899.post-26375356295150170662011-06-01T07:43:44.498-07:002011-06-01T07:43:44.498-07:00It does seem to happen often. Old business kicked ...It does seem to happen often. Old business kicked out by rent hike. Then a vacant space for months, years.Brooks of Sheffieldhttps://www.blogger.com/profile/18297071358029060908noreply@blogger.comtag:blogger.com,1999:blog-21554899.post-70692441519143366632011-06-01T07:41:08.615-07:002011-06-01T07:41:08.615-07:00Someone could do people in this city a great servi...Someone could do people in this city a great service by finding out why exactly landlords love to have their commercial properties left vacant for months or even years at a time. Its a prime case of what economists call "market failure", and obviously has pretty serious and entirely negative consequences for the city.<br /><br />I suspect something along the lines of accounting fraud and/ or a tax dodge, but it would be nice to get a more informed explanation.Ednoreply@blogger.com