New York City is a place of endless possibilities, of places to meet and places to shop.
You can rent a home in a neighborhood, buy a home on the lake, or just go to a trendy new restaurant.
And the city is filled with these fabulous boutiques.
But where do they all go?
“We have a problem,” says David Lipscomb, author of The Nashville Boutique: How We Built One of the Best Places in America, which is available at Amazon, Barnes & Noble, IndieBound, and all the bookstores you can think of.
“It’s kind of a trap.”
It’s a trap because they’re all too close to one another.
They’re all in the same building, all in one of the same neighborhoods.
“It’s like a city that is built in a box,” says Lipscom.
There’s nothing new about this problem.
New York and New Jersey are two of the most expensive places to live in the country, with average rents of more than $400,000 a year.
But the difference between New York’s expensive neighborhoods and those in other cities is that they’re in different states.
But in Nashville, the issue is even more pronounced.
Nashville has long been a city with a history of building high-end, highly exclusive boutiques that can be found all over the city.
“There are literally hundreds of them in the city,” says Michael Schumacher, co-owner of the popular local boutiques, the Club and the Rooftop, both in the Downtown neighborhood.
Nashville’s high-rise boutiques are a big part of the city’s appeal, because they offer a different kind of luxury.
The word “luxury” isn’t the only descriptor people use to describe these high-priced shops, says Schumachers co-author, Michael Schuman.
“They’re all about the things that are expensive, or at least they’re designed to be expensive,” says Schuman, who is also a professor at Vanderbilt University.
Schumachers theory is that these expensive spaces offer a lot more than just luxury.
“I think there’s a certain sense of community,” he says.
“And so these spaces tend to be places where you can gather with other people from all over.”
“We’re talking about this high-rent condo in the middle of the strip.
There’s a restaurant in the corner.
It’s really exclusive,” says Domenic Schum, owner of the trendy downtown Nashville boutique, the Cafe.
“You can’t go into any other space.”
In Nashville, high-rises aren’t always exclusive, though.
There are also places like the Hotel Indigo and the Palace in downtown Nashville.
And there’s one more high-profile boutique in the downtown area: the Old Country Inn in downtown, home to the Tennessee Zoo and the historic Nashville Post Office.
The problem is, many of these high quality spaces are also on the fringes of town.
They tend to sell out quickly, often within minutes of opening.
So people who don’t have a lot of money are going to try to squeeze in a few more hours in a crowded space to save a little bit of money.
For example, the Hotel Indianapolis on West Street is a bit of a ghost town, but there’s still a small group of people who have managed to snag a spot.
But a lot can go wrong with such a low-priced space.
According to Lipschus book, the New York Times published a story about an abandoned luxury condo in downtown Memphis.
In the story, it said that the owner was trying to build a high-value apartment complex and that the project was being pushed back to fall in 2017 because of construction delays.
“This was not a building I had ever heard of,” says Andrew Tomsen, owner and manager of the boutique.
Tomsen says the hotel had no idea how it would sell out, so he was shocked when he saw a listing on the website of a luxury condo that sold out in minutes.
“We didn’t know it was on the market until it sold out,” he said.
“The owner was completely unaware of it.
The owner had never been in this building before.
The owners had no clue what they were getting into,” he adds. “
People were buying in droves.
The owners had no clue what they were getting into,” he adds.
And that’s when the problem began.
On the same day the article was published, the hotel announced that it was going out of business.
“So they put a lot on their website and they made it sound like it was an absolute disaster,” says Tomsens brother, Michael.
After the article went online, the number of sales in the hotel’s Memphis unit dropped from over 1,000 units per day in February to around 300 units per hour.
“There were just so many people that were just buying