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Downtown Manhattan is a great place with thousands of people walking buy. Downtown Poughkeepsie is not so active. Clearly you are in business to make money and money is a function of price times volume. Volume is a function of unit sales per transaction and customer count. Customer count. Customer count. Be careful in downtowns and make sure you are comfortable that there is a present and future. At all costs do not get caught up in the enthusiastic presentation of the Downtown Economic Coordinator. They only see the future and have no idea who Alvin Toffler is. He, for those intrepid soles of yesteryear, is the person who said: "The Future is Now". And don't you forget it. If money is only a little bit important to you, make sure you are comfortable with the customer counts you will generate in downtown. Clearly, I am not talking about LA, or San Fran, or Minneapolis, or Miami. I am talking about the rest of American Cities where downtowns are sometimes the heart of the City, strong, pulsating and boisterous, but can also be quiet and a dream. |
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