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Gawker confirms the dire retail situation on the ground in the NoLita neighborhood. Fashion week might be in full swing, but the boutiques carrying the crap are hurting:
“Intern Whitney Jefferson traversed a few blocks around our front door — between Bowery and Laffayette, Houston and Kenmare — peering in the windows of cutesy boutiques and club-thumping clothing stores. What she found was a pretty grim picture. “80% Off” sales. Shuttered windows. All the sad evidence of a material world in decline.“