Tag: retail rents

Retail Types, Stores

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

January 8, 2021


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. […]