NOT!
Businesses are falling like flies on 86th street and the consequences are dire. I have noticed the awnings looking ratty, the empty storefronts staying empty and the sniff of quiet desperation from the remaining businesses. If you're wondering why the landlords won't make a deal to a tenant they have know for years, you just need to look at the tax law. There's a rule which will let them write off the empty space as a loss. Therefore, landlords have no motivation to rent or negotiate. If you think we learned something about greed after the economic collapse you're wrong. Apparently some people still did not get the message.
I took a pic of the Georgica which used to sport a spotless entrance. Now elegance has taken a turn for the worse. Turns out it's expensive to keep up appearances.
