Long Term Viability of Mixed Use Developments
Irwin Kishner, co-chair of Herrick's Sports Law Group, was quoted in the Sports Business Journal on the continuing viability of mixed-use developments discussing that he does not see the pandemic causing long-term damage. “This obviously is a very pronounced and a very painful situation and I’m certainly not minimizing it, but we will get control of it,” Kishner said. “And once we do, people are going to want to go to a nice dinner and people are going to want to go to see live sports.”
Noting how appealing these developments are to communities, Kishner added, “[e]ach one of these will take scores of people to run them, to build them, and I think that’s just positive and it also makes entire sense to have a full-service development in one area where you could go spend an afternoon, see a game, have a drink, catch dinner and then go shopping.”