New York’s Own Chase Reed Opens Sneaker Pawn Shop

Everyone knows what a pawn shop is. The concept is pretty common around the world. But, for 16-year-old Chase Reed, he has put his own spin on it and applied the idea to high-end and dead-stock sneakers in the form of his first venture, Sneaker Pawn.

With the help of his father, Troy, the brilliance behind Sneaker Pawn came when Chase asked to borrow another $50 from his father to spend on a new release. His pops would hold onto the new kicks as collateral while his son would pay off the monies owned.

Shortly after the idea hit, …read more