July 2018 - As work was
progressing on Caruso's Palisades Village project, due to open in about
two months, Norris Hardware, a community institution in town,
closed. Its lease had come up, bringing a significant rent
increase. The luxury establishments being brought in by Caruso
contrast sharply with Norris' utilitarian ethic, however Hardware
stores around the country have been closing in recent years; locally,
Busy Bee in Santa Monica closed in Dec. 2017 under somewhat similar
circumstances (>).
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