accessories boutique, recently vacated the storefront at 195 Court Street, which it had occupied since 2012.
Goldy + Mac's owners, Ashley Gold and Susan McInerney, operate two sister boutiques in Park Slope, one in Manhattan and one in Greenport.
***Update***
Reader 'Trumbully' pointed to an article in Crain's which states that the storefront at 195 Court Street has already been rented to Marine Layer, a national retailer based on the West Coast
From Crain's:
San Francisco-based Marine Layer, which makes men’s and women’s duds, joins other national outfits, most notably J.Crew and Rag and Bone, that have signed leases along the Cobble Hill stretch. It has inked a five-year lease for 1,600 square feet on the ground and lower floors at 195 Court St., between Wyckoff and Bergen streets. Currently, the retailer has only one New York City location, in Manhattan’s West Village. Marine Layer hopes to open in Brooklyn this spring.
“This is another example of a quality retail tenant choosing Court Street for their first Brooklyn location,” said George Danut of CPEX Real Estate, who represented the landlord, the Lily Jalinos Living Trust, along with colleague Ryan Condren. “J.Crew opened the gates to a new pool of tenants on Court Street.”
What is going on with all these closings? In my 20 years here, I don't remember such a thing. Tony's Hardware, Boca Lupo, Mad Dog and Beans, Rapisarda, Cubana, now Goldy and Mac. I have a feeling a tough winter combined with rising rents didn't help.
ReplyDeleteThe long winter certainly did not help. I am sure that there has been a lot less foot traffic. Personally, I know that I have hurried from point A to point B as fast as I can since mid-December.
ReplyDeleteWhat about Savoia? Is that confirmed closed?
ReplyDeleteYes, Savoia has been closed for over a month now.
ReplyDeleteWow. For a neighborhood with sky-high rents that supposedly everyone wants to live in, there are an awful lot of empty storefronts, especially on Smith Street.
ReplyDeleteFrankly, I'm surprised the retailers didn't fold sooner. Nothing against any of them, but it's been a very tough 24 months for the retail industry and ecomm is taking an ever larger market share.
ReplyDeleteI've worked in national retail for a long time and seen a lot of changes on the national level. It'll be very interesting to see how small local markets like Carroll Gardens/Cobble Hill are affected over the next year or two.
The landlord's last resort would typically be a national retailer -stability and high rents, but for these small boutiquey spaces and a tougher retail market, I don't imagine there's much interest out there. I could see landlords taking a stand against lowering rents and vacancies going up in the meantime.
Bully here...
ReplyDeleteLooks like the landlord already has a taker: http://www.crainsnewyork.com/data-lists/real-estate-deal-watch/details/12/3256317
Damn chains.
ReplyDelete$40 dollar sustainable small batch T-shirts that come in sizes X-small, small, and medium. And 64 dollar sweat pants.
ReplyDeleteWilliamsburg seems to do ok with small innovative boutiques. Sadly our hood has gone bridge & tunnel.
ReplyDeleteJ crew is in brooklyn now. In Williamsburg. Maybe they'll stay away form court st now. No offense J crew, i used to buy clothing from you when you were just a really cute catalogue. Now I won't buy anything. From anyone. ;) there is really nothing unique here except a few stand outs. Is rather shop in France.
This reminds me so much of Tribeca's change from when we first lived there to the present. Change from hip, locally owned businesses, restaurants, etc. to the way it is now. In NYC, the "greed machine" usually wins.
ReplyDeleteThe Micro Museum on Smith also closed. The commercial vacancy rate on Smith (especially around the Bergen Street F/G stop) must higher than it has been in years!
ReplyDeleteI was going to say good riddance but then saw what was coming in. And this neither condemation-- nor praise-- for Goldy and Mac but the sad writing was on the wall when x # of businesses (mostly clothiers) started opening locations in Park Slope AND Court/Smith St... as if each neighborhood had to be the same, as if it wasn't a 10-15 minute walk from one neighborhood to the other (OK a bit further from the outskirts). Sadly, the SUBURBANIZATION of the city continues apace. (Comparison to Tribeca is also sadly apt.)
ReplyDeleteI remember when this space was Mazzola Bakery. How long ago was that? As Mazzola and the unfortunately named Bococa it was always packed with the seniors in the neighborhood. I wonder where they hang out now. Dunkin Donuts??
ReplyDelete