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Originally Posted by bobcat
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that's a very interesting article, but not so much on what it may hint at regarding bloomies, but at what some of its key quotes....or at least 2 of them, suggest about both a brighter future for broadway but also why the status quo....of all the horrible swapmeets....has had such a surprising endurance.
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Ali Krasfy, the Lebanese-immigrant owner of Family Pants between Fourth and Fifth streets, sells items such as Dickies jeans at extreme discounts. He's closing, having lost customers to Ross Dress for Less, which arrived next door last year. Despite being forced to move, Krasfy is excited about the changes on Broadway.
"I'm from Beirut, and there's not even gum on the street there," Krasfy says. "But people come here and say, 'This is downtown Los Angeles?!' It's disgusting and embarrassing. It's the end for us little guys here, but all in all, the changes are good."
Steve Needleman, a key property owner on Broadway and landlord of the new Aesop and Tanner Goods stores, says, "I could have leased to five pieces of — that would've paid more than Aesop, but that's not what I wanted." One check-cashing company was on a monthly contract, for example, "and when I found a good fit for a replacement, I accepted."
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the owner of family pants, even though his store looks fairly rumpled, may have more class than some of the slumlords on broadway who couldn't care less about the transformation of the street....& who've allowed their bldgs to go into a steep decline for yrs & yrs. All the while....as one of the street's better landlords, steve needleman, describes is his own experience....having the ability to rake in cash by renting to all the 'pieces of —' that apparently line up for a space on broadway. If correct, what will it take for the swapmeets to finally give up & go elsewhere??!
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Originally Posted by brudy
I still had to dodge a freaking lunatic this morning who was lighting stuff on fire on 5th st. Crazy enough that the Pershing Sq security guys were calling the cops. And he wasn't even the only insane guy in a half-block stretch. 
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When I mentioned earlier today the need to place new devlpt in the full, total context of dtla overall, I didn't even mention the type of problem you ran into.
Some ppl may or may not dislike new apt projs like Ava as thoroughly as you do, but just about all ppl in general will be totally turned off by the craziness you described. That would include ppl like the Lebanese owner of family pants, who probably won't be quite as aware of the quality of architecture of new projs in dtla, but who will be fully aware of why broadway is, as he says, disgusting & embarrassing.
The bigger picture & the full context of things are important.
Actually, that's why the possibility of the old may co bldg, now the broadway trade ctr, being converted into a future home for yahoo.com is actually more exciting to me than what I'd consider a very pie in the sky dream: the possibility of bloomingdales taking over that same space.....at least before the year 2040 or 2090.
for bloomies to feel dtla will support it's rather pricey offerings, it will want the hood to contain or lure in thousands & thousands & thousands....& thousands....of rather higher income women....of serious minded, dedicated female shoppers. Are there many of those types, or enough of them, in dtla on a daily basis?
Perhaps there will be when dozens & dozens & dozens....& dozens...of additional new apt & condo projs are added to the hood. That's what immediately comes to mind when I'm reading about, as one example, the planned apt bldg on broadway sponsored by GH palmer, & not just on whether his proj's architectural design will be wonderful enough.
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