Retail vacancies on Fulton Mall
Eye on Real Estate
Ouch. Bankruptcy.
When Aéropostale declared Chapter 11 last year, its Fulton Mall location was on the initial list of store closings.
The teen clothing chain was later auctioned, and the purchasers vowed to keep hundreds of stores open. But that didn’t help the shop at 472-474 Fulton St. in Downtown Brooklyn. The storefront on the corner of Elm Place still stands vacant. The two commercial condo units in which Aéropostale was located belong to Jeff Sutton’s Wharton Properties through an LLC, city Finance Department records indicate.