people don t count you as anything even though the stores are fabulous. oh, you are in connecticut, you are not in new york. so we want to be in new york. that s laurie. she owns two women s resale stores in connecticut. they are called round about designer consignments. what made us want to do business in the city is being in new york. last year, she opened not one but two new stores both of them in new york city. what i was shocked at is the security deposits involved. i knew the represents would be higher, that went without saying. before they negotiate elise, they want to know that you can pay between six months and a year security deposit. each landlord demanding a year s worth of rent for security, she was forced to take a large bank loan on top of using much of her savings. she has no regrets. this is taking her business to
it s $500 a foot. if you go to the next block and cross madison it s $800 a foot. as you get close to fifth, it s $1,000 a foot. it s only money. it s only money. if they make a lot of money, they ll do well. but, really, it isn t only money. she says that making it in new york depends on many other factors as well. it rains, maybe nobody goes out. maybe the store manager doesn t show up. maybe something s wrong with the window. they re there waiting for customers. so why would anyone doing fine some place else want to open a shop in new york? you re in connecticut. people don t come to you. even though our stores in west port and greenwich are fabulous, oh, you re in connecticut. you re not in new york. so we wanted to be in new york. that s lori. she owns two women s resale stores in suburban connecticut. both are called roundabout designer consignments. what really made me want to