Stores of the Day: Wah Fung Mall

With the success of Good Mall it stood to reason others would follow. Among them is Wah Fung Mall. When they firs opened two years ago most of the spaces were empty and unrented. Today it sports more than forty booth size stalls selling a variety of products and services. Many of the booths sell woman's apparel and costume jewelry as well as handbags etc.. Some booths sell expensive jade jewelry and there is a table where you can purchase health plans. It is a regular hive of activity in there. These malls are quite popular and numerous in places like Hong Kong and make maximum effective use of limited space. It is the total opposite of American mega malls that are cities in themselves. It will be interesting to see how many more of these will be sprouting in the neighborhood. Once someone sees they're making money you can bet your bottom dollar there will be more of them.

The 8th Avenue strip is soon running out of space for stores and some of the activity is spilling over to 7th Avenue. In time it too will be full of stores. If you  haven't been to Hong Kong and can't afford the plane trip drop by Sunset Park and you'll get a general idea what Hong Kong is like..



[where: 11232]
[where: 11220]
[where: 11215]
[where: 11218]
[where: 11219]
[where: 11228]
[where: 11214]
[where: 11204]

Stores of the Day: Good Mall Inc.

Good Mall was the first mall on 8th Avenue having multiple stores and businesses inside subletting. It's located off the corner on 8th and 60th street. Profitable for the lease owner and utilizing space efficiently. I first encountered such malls in Hong Kong where space is at a premium and capital for budding entrepreneurs was scarce. I also saw similar malls in Tokyo. Besides Chinatown I don't know anywhere else the concept has taken off. It seems particularly a Chinese innovation in New York City. The shops inside offer an eclectic collection of woman's apparel, computer repair and the usual cellphone peddlers. They do make it an interesting place to visit. An even larger mall with more than 50 micro stores has been operating between 55th and 56th streets. But more on that tomorrow.


[where: 11232]
[where: 11220]
[where: 11215]
[where: 11218]
[where: 11219]
[where: 11228]
[where: 11214]
[where: 11204]