CONSIGNMENT DEAL MEANS SHORT VACANCY

Greene Street Consignment plans to open its eighth store at 40 Broad Street in Red Bank, former home of Funk and Standard, by mid-September. (Click to enlarge)

By JOHN T. WARD

When officials from Greene Street Consignment, a high-end used-clothing shop with seven stores in the greater Philadelphia area, paid her a visit about a month ago, Red Bank RiverCenter executive director Nancy Adams’ immediate reaction, she later said, was, “We’ve gotta get you here. We need retail.”

And with some fast action, Adams helped do just that, in the process heading off what might have been a prolonged and gaping vacancy in the heart of a downtown still struggling to recover.

More →