Things move fast on the half-mile strip of New York's Canal Street, famous as a black market for counterfeit designer goods. With so many moving targets, companies and attorneys battling the city's booming knockoff trade -- some estimates put it at some $23 billion annually -- are increasingly taking aim at the only people standing still: landlords. In the most recent round, the owners of seven buildings agreed to open their doors to weekly inspections for two years to confirm that no knockoffs are on sale.
February 06, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Things move fast on the grubby, half-mile strip of Canal Street on the edges of New York’s Chinatown, famous as a black market for counterfeit designer handbags, fake watches and pirated compact discs.
Customers come and go. Peddlers sell wares from racks and stalls that can be packed up and moved in a hurry. Just who is selling what changes daily.
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