By Sarah Beling

“In a zombie-like transformation, vacant NYC storefronts are reborn as stores without customers, cashiers, or clear signage. What are these places plastered with opaquely branded names like “Jokr” and…not much else? Former Manhattan Borough President and current City Council Member Gale Brewer intends to find out, as her office investigates the legality behind the recent influx of 15-minute delivery app warehouses masquerading as storefronts throughout the city…

…

READ MORE

“The end of the gold rush?: Amid the desolation of the pandemic — which left many well-to-do New Yorkers cowering inside and ordering everything online — fast-delivery apps scooped up 150 to 200 retail spaces since charging into the city about 12 months ago, according to Solomon Sharaby, a broker with KSR, the real estate company that handled Jokr’s expansion in New York.

…

READ MORE