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Tag: retail rents


Retail Types, Stores

Retail rents tumble to historic lows in New York City amid bankruptcies and store vacancies

January 8, 2021

Via: CNBC

Rents for retail space in New York City have tumbled to historic lows, dropping as much as 25% from 2019 levels, as troubled retailers like Neiman Marcus and Century 21 closed stores and vacancies soared, according to a report Friday. […]