Quote:
Originally Posted by MarketStEl
That blurb was an anecdote in one of Herb Lipson's "Off the Cuff" editorials, the first thing you see when you open the cover of Philadelphia magazine. I read that same editorial. I don't know whether it's advancing age or what, but with rare exceptions, Lipson has little nice to say about much of anything. Read his editorials enough, and you'll be convinced the world is going to hell in a handbasket.
Bostroit, PL. Bostroit.
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Fair enough but there is wisdom in his words regarding the challenge of luring high end retail into an economically diverse downtown such as Center City. Most high end retail execs would have done the same which is unfortunate given these 2 facts:
1. Center City Philadlephia has perhaps the best set of bones in this country except NYC and SF.
2. 75% of the high end retail (in the 4th largest US metro economy) does all its shopping in places like King of Prussia and Cherry Hill.
Center City wasnt built to be a low budget shoppers haven.