Group aims to fill vacant storefronts with super short-term tenants

New York /
Aug.August 20, 2012 03:30 PM

A Lower East Side group is convinced it can transform vacant retail storefronts into community gathering places rather than blights on the neighborhood. DNAinfo reported that the group MiLES, which stands for Made in the Lower East Side, is vying for funding to help launch a program for very short-term tenants to occupy the estimated 200 empty retail spaces in the neighborhood.

“This could be daily, weekly, monthly and — ambitiously — hourly,” Eric Ho, a member of Architecture Commons, one of the groups that comprise MiLES, told DNA info.

MiLES aims to build an online directory of vacant stores and lots and allow community groups, businesses and local residents to rent them directly from the landlord. The idea is similar to the rent-a-backyard concept on Ludlow Street.

Ho has pitched the idea to Community Board 3, discussed it with local landlords and is now competing for a $5,000 grant from the Good Maker Art Challenge that would fund a portable presentation to pitch the concept to landlords.

MiLES hopes to be in business by next summer. Ho said the biggest concern among area landlords is the ability for short-term tenants to move out quickly in the event that they are able to find traditional, long-term tenants. [DNAinfo] — Adam Fusfeld


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)
Hudson Yards megadevelopment inspires a new line of sex toys
Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Suit alleges investor Kamran Hakim, at left, planned to inject $40 million to help save 29th and Fifth tower project. At right, HFZ's Ziel Feldman. (Getty, HFZ)
EB-5 funds sue to stop foreclosure sale on failed HFZ tower project
EB-5 funds sue to stop foreclosure sale on failed HFZ tower project
Building Trades Employers’ Association CEO Lou Colletti and City Planning Commissioner Chair Marisa Lago (iStock)
City bill would force general contractors to get licensed
City bill would force general contractors to get licensed
SL Green CEO Marc Holliday (Getty)
SL Green sees “explosive recovery” for NYC as tenants plan office return
SL Green sees “explosive recovery” for NYC as tenants plan office return
Vornado’s Steve Roth and 888 Seventh Ave (Getty, Google Maps, iStock)
Vornado sues Hongkun USA, seeking $1.1M in rent
Vornado sues Hongkun USA, seeking $1.1M in rent
Mauricio Umansky, Rainy Hake Austin and Robert Reffkin (Getty)
The Agency sues Compass for blocking exec from recruiting former colleagues
The Agency sues Compass for blocking exec from recruiting former colleagues
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...