Many pop-up shops are finding that a pop-up status can be a good first step toward permanent residency in New York City. One-time pop-uppers, like Kai D. menswear store at 75 Orchard Street between Grand and Broome streets, are signing long-term leases after their short-term occupancies run out, Crain’s reported. The strategy is also working for desperate landlords, who eagerly sign-on the temporary shops when tenants are hard to come by. After running its temporary shop for a month, Kai D. was able to negotiate a 13-month extension on its lease with its landlord, Dermott Co. Aaron Odle, a representative for Kai D., said that being able to move into the space temporarily helped it take the leap into permanent status. “You really need to be in a space to test it out, and we’ve decided that staying is the right thing to do,” Odle said.
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TWEETS
- This week, @DouglasElliman dominates @trdny's "Top Residential Agents" list, scoring three of the top five spots. http://t.co/WuwFfoQI 10:26:54 PM May 25, 2012
- Here's some #NYC residential sales data before you head off to the #Hamptons via @trdny http://t.co/41pt08N4 08:54:27 PM May 25, 2012
- Marcia Gay Harden gets $2.8M for #Harlem townhouse listed by@cathytaub of @StriblingNYC http://t.co/pR718yY4 via @trdny 08:47:36 PM May 25, 2012
- Boymelgreen, Africa Israel settle with @AGSchneiderman over 20 Pine St. construction, but face new $20M suit http://t.co/wYyqrfBP via @trdny 08:16:42 PM May 25, 2012

