By  on May 15, 2012

At Bal Harbour Shops, retailers gripe about lease terms and imposed distribution restrictions in the Miami market — yet they all want in.

“Yes, our merchants do complain,” acknowledged Stan Whitman, the 93-year-old founder of the family-run Bal Harbour Shops, located on Collins Avenue at the northern tip of Miami Beach. “When that happens, I ask them ‘how does the bottom line compare?’ They say there’s no comparison, and that with the sales they do, their profit is much greater than other locations. They are making more money here.”

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