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In Reply to: RE: J&R closing their doors posted by middleground on April 11, 2014 at 04:44:34
As the article in today's New York Times suggests, there's no indication from J&R's statement (or in response to direct questioning) that the redevelopment will prioritize music or AV equipment retailing. What the statement said is that it will represent “an unprecedented retailing concept and social mecca.” The company refused to be more specific in response to questions about the nature of that retailing concept. IMO, it's very likely that the future development will reflect the imperatives of land values in that part of Manhattan. In other words, I think a return of a traditional (music) retail outlet on the scale of the recent incarnation of J&R is very unlikely.
http://www.nytimes.com/2014/04/11/nyregion/patrons-ponder-neighborhoods-without-j-r-and-pearl-paint.html?ref=nyregion&_r=0
Follow Ups:
UR quite right, but since J&R still exists for Interweb sales the news of its death has as an entity been greatly exaggerated.
Yes, indeed, it still exists as a retail outlet on the web - but there it has (happily) plenty of competition. My post was just about the bricks & mortar version which was pretty much a one-stop shop for A/V needs in NYC.
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