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Shoe Stores Sell Lottery Tickets And Chinese Businessmen Share Rent To Deal With High Price Rent In New York.

2007/12/3 0:00:00 10387

New York

New York housing prices remain high, Fala Sheng business overburdened, every surprise to deal with, shop sub lease has become a common practice.

Selling lottery tickets in the shop selling soya bean milk and shoes is not like the wind and horses, but they share the rent and become popular. It becomes a landscape of Fala's business.


In 2007, the rent of Fala business district continued to maintain a strong momentum.

The industry said that most of Fala's commercial housing rose by 5% to 20% in one year.


In 2007, large and small businesses closed their doors or moved to their sites.

There are also businesses renewing contracts, but they do not want to bear high rent alone, so they come up with a way to collect the joint rent and make a region in the unspacious store.

So, in some shops, there are scenes of selling flowers and soybeans, and selling shoes with a lottery. Although the goods are completely irrelevant, they can satisfy the diverse needs of customers. Businessmen share the rents while sharing the rent.


There are two lottery outlets in a small shoe store on Kissena Avenue, Fala.

The owner of the shop refused to disclose how much rent the rent shop had diverted, but the sublet did not affect the business of the shoe store, and the lottery station also brought a strong popularity to the store.

At Roosevelt Boulevard, the shop of a flower shop is sub let out about 3 feet, specializing in soya bean milk and tofu.

Another store that specializes in jewelry is also looking for sub leasing businesses.


Miss Chen, a sub - leasing florist, said that as the rent rose year after year, the proportion of business income increased. Before the sublease, the rent accounted for more than 1/3 of the total income.

And Subleasing a small area can help part of the rent, reducing the pressure.

It also helps the sub leased businesses, because their businesses do not need much space and do not need an independent store.


According to the legal profession, the New York law allows businesses to sublet and protect the business form, but the two sides should weigh the pros and cons in advance, because there are many commercial disputes arising from it, and both sides of the lease have a case of corroding wealth due to ignorance of legal knowledge, which has a huge impact on business.

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