The economic clouds hovering over Europe are forcing companies to look at New York as a place to open stores to grow revenue, according to Manhattan brokers attending MAPIC, the global retail real estate conference held in Cannes, France this week. Banking and employment troubles are creating an “urgency to open outside of Europe,” said Chase Welles, a partner with brokerage SCG Retail, speaking by cell phone from the show. Some overseas retailers with stores [more]![]()
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