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News, Retail

Former Owners Adjust to Life After Penn Books

For small business owners, Sam and Craig Newman, the closing of their bookstore, Penn Books in Penn Station, seemed bittersweet. The business had been in Craig’s family for 22 years and was passed down to him and his wife by his grandparents. After struggling with the increasing rent, competing with […]

News, Real Estate

Can Joseph Ferrara Change Staten Island?

With artisanal food halls, affordable outlets and Instagram-worthy views, the upcoming opening of Empire Outlets could drastically change Staten Island, or at least that’s what Joseph Ferrara, principal partner of BFC Partners, the development group behind Empire, is hoping. “We want to make sure that people stay engaged and we […]


Far Rockaway lacks necessary retail shops, study finds

Along Mott Avenue in Far Rockaway, Queens, the sidewalk is cluttered with bodegas, liquor stores, and various beauty shops.  Across the street, a different scene exists.  A mostly abandoned shopping mall boasts three stores, the rest shuttered closed. This lack of some retail goods and too many of others has […]