Hong Kong Doorways: For Rent

Vacant shop

Hong Kong is an entrepreneurial place. Even when a shop goes out of business, it isn’t out of the game: as soon as the shutter comes down, the broker signs go up. In most cities, a landlord might try to rent the space out himself, or hire to a single broker to do the job. Here, brokers compete for the space. Shuttered shops become symbolic battlefields on which brokers fight for a commission equivalent to a month’s rent — no small sum of money in a city where ground-floor shops go for thousands of dollars per square foot.

With retail on just about every street, many neighbourhoods have their fair share of vacant shops, which isn’t necessarily a bad thing. On the next street over from my apartment, where this photo was taken, a restaurant found the sidewalk in front of an empty store the perfect place to set up a couple of tables and some stools.

This entry was written by Christopher DeWolf , posted on Monday April 27 2009at 02:04 pm , filed under Asia Pacific, Society and Culture and tagged , , , , , . Bookmark the permalink . Post a comment below or leave a trackback: Trackback URL.

One Response to “Hong Kong Doorways: For Rent”

  • C. Szabla says:

    So…do people just call a random broker? They don’t seem to be advertising anything about themselves other than the size of their phone numbers.