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At Deadline.(Late News)
Crain's New York Business, March, 2007
SoHo is the most popular shopping neighborhood in New York City, according to the 7,500 people polled for Zagat's new shopping guide, which comes out Tuesday. Newcomers such as Uniqlo, Ugg and Alessi have helped make SoHo a hot spot. This is the first Zagat shopping survey to poll respondents about their favorite neighborhoods.
"There's been an incredible revival of SoHo,'' says Nina Zagat, co-founder of the guidebook company. Citigroup Inc. is expected to announce later this month that it will slash expenses by $2 billion over the next two or three years, according to Punk Ziegel & Co. analyst Dick Bove. That amounts to about 4% of the giant bank's non-interest expenses last year. Chief Executive Charles Prince has promised investors that he will take drastic...
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