Letters to the Editor

Retail Apocalypse


I am trying to understand the business case for building more retail outlets in Yorktown when we already have a glut of vacant stores, with more being added each month. Mitchell’s, our beloved old-school hardware store, closed its doors in January. The landlord of the former beer distributor has subdivided that space so he now has four vacancies where once there was one.  Mailboxes, Tool Nut and Radio Shack are gone, as well as Sophia’s Pizza and Martini Bar. Payless Shoes just closed. When Chase moves into its new space on Commerce Street, there will be two vacant banks. Readers can no doubt add to this list. Most billboards in town advertise available commercial space, lots of it.

Business Insider refers to this trend as a “retail apocalypse” as brick and mortar stores are driven out of business by online commerce. On a national level, CVS, Sears, K-Mart, Macy’s, Staples, Radio Shack, Payless, GameStop and a dozen other chains are shuttering more than 2,600 outlets, with more likely to come. The Credit Suisse brokerage estimates that retail chains will close more than 8,600 stores this year, and that doesn’t include single-outlet mom-and-pop retailers who can’t compete with online discounters. So far this year, 21 retail chains have filed for bankruptcy. All this puts thousands of employees out of work, further dampening consumer demand. The accumulation of vacant properties depresses commercial real estate values. Landlords then demand assessment and tax reductions, which shifts the tax burden onto homeowners. It’s a vicious cycle.

Yet, developers are still bringing proposals to build more commercial space before the Yorktown planning and town boards. Rather than facilitating these speculative and redundant commercial projects, the town would be better served by trying to help fill the scores of vacant properties around Yorktown. That would make actual business sense.

The opinions expressed herein are the writer's alone, and do not reflect the opinions of TAPinto.net or anyone who works for TAPinto.net. TAPinto.net is not responsible for the accuracy of any of the information supplied by the writer. Click here to submit a Letter to the Editor.

TAP Into Another Town's News:

You May Also Be Interested In

Sign Up for E-News


It Was the Economy That Got Trump Elected

I am not easily shocked by much anymore. Yet, I was by last week’s column by fellow columnist Bernie Kosberg. Kosberg, whose column runs regularly in Mahopac News and sometimes in Yorktown News, said in the first paragraph: “Several readers decried my conclusion that the overwhelming support of Putnam County voters for Trump was not due to economic anxiety or the unavailability of ...

Challenging the Norm

In his thoughtful work, “The Structure of Scientific Revolutions,” Thomas Kuhn reflects on the revolutionary contributions of such giants as Copernicus, Newton, Darwin and Einstein. But he is quick to remind us that it’s often the scientists whose names we never hear of who make the vast majority of scientific progress. These hardworking men and women spend most of their waking ...

BOCES… What’s in a Name?

Do you ever wonder what BOCES stands for? We associate the name with a center of learning that supplements the general curriculum of local high schools by teaching students specialized trades. Beyond that, does everyone in the non-BOCES population, those who have no direct connection to the programs, fully appreciate the priceless value it brings to our communities’ young adults and their ...

Dog Allergies, Part Deux

“I have some good news and I have some bad news,” I told my husband.

“Give me the good news first.”

“OK. The vet doesn’t think the dog’s ear infections are from a food allergy after all, so we don’t have to keep feeding him that hypo-allergenic food,” I said.

“Hallelujah,” shouted my husband. He was understandably ...

Postcard Criticisms Were Valid

May 23, 2018

In an article from the May 1 issue (“Yorktown Councilmembers Receive ‘Disturbing’ Postcards”), Councilman Ed Lachterman said he was “disturbed” to receive a colored postcard from a constituent. He seems confused as to what it might mean.

I did not write that rainbow-colored postcard, but I can try to help him out of his confusion, because I and plenty ...

Upcoming Events

Wed, May 23, 8:00 AM

Mercy College, Yorktown Heights

Business Enterprise and Employment Opportunity ...

Business & Finance

Fri, May 25, 10:30 AM

Yorktown Community Cultural Center, YORKTOWN HEIGHTS

Tai Chi for Women with Cancer

Health & Wellness

Sat, May 26, 9:00 AM

Navajo Fields, Yorktown

Kids Gaelic Football Tournament


Yorktown Youth Soccer Club Roundup

May 18, 2018

YORKTOWN, N.Y. – Yorktown’s Girls U9 Team, the Hurricanes, defeated the Poughkeepsie Fireflies with a 1-0 win at Hunterbrook Field in Yorktown.

Hurricane’s goalies Cameron Parise and Avery Pugliese shut out the Poughkeepsie offense with several key saves. Yorktown controlled the ball throughout the game with outstanding performances by midfielders Samantha Nastasi, Macey ...