Housing Works

Mm.

Housing Works.

I'm gonna have to sacrifice one of my pairs of jeans.

Like-

Housing Works.

Make, like, l- mini scarecrows and just use, like, clothes the kids grew out of.

Oh, you know what, actually? I, okay.

[laughs]

We're seeing bookstores explicitly functioning as social services.

And the crown jewel of this model, hands down, is Housing Works Bookstore Cafe in Soho.

This place is an absolute institution.

It's beloved.

Which is so important.

The life cycle of a physical book in New York is amazing too.

Like a hardcover might be bought new at McNally Jackson, read once, donated to Housing Works, bought by a student, sold back to BookOff, and on and on.

It's a literal ecosystem of recycling knowledge.

Well, I have an office.

Housing Works?

No.

I still want it.

It's cool that that shape of, like, old guy dress shoe has come around again.

I found them at a Housing Works, and they're from Zegna-

I love Housing Works

...

Couture.

Why they're not at the $1 billion level is because of the slow growth of dispensaries being allowed and the amount of licenses that are being allowed.

So Morris talked about this here, and this is a representative from Housing Works Cannabis that's reporting the story here.

They're vice president of retail at Housing Works Cannabis Company, Sasha Nugent.

And so going into her story, she says that one of the pressures they had was Section 280E still being a big example of a lot of obstacles they're going through.

Businesses subject to 280E cannot take many of the ordinary business deductions that are available to other industries, can operate legally under state law, hire employees, pay rent, invest in compliance, and follow every rule if the federal tax structure still treats us fundamentally differently from other legitimate businesses.

They talk about the fact of opening up in 2022.

Remember, Housing Works was one of the first dispensaries, it was the first licensed adult dispensary to go and open up in New York.

And when they did open up at the end of 2022, they talked about regulations still evolving, systems being built as we operated, many businesses with card licensees trying to navigate an entirely new industry without the capital infrastructure that larger companies could take for granted.

Formerly the owner of Most Wanted Luxury Resale.

Um, just got off a stint as the processing curation manager at Housing Works Thrift Stores, and also fellow Substacker.

Yes, and linked in the sh- show notes you will be able to find Emily's Substack and all of that great stuff there.

And you know, regulars to Preloved will definitely recognize, um, as, like, my vintage market buddy from many a New York City vintage show, and she's also been a previous guest on the Preloved podcast before.