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Has Soho lost its mojo? Retail vacancies on the rise
Availability is highly concentrated on the main shopping thoroughfares
From the January issue: At first glance, retail in Soho, one of New York’s biggest and trendiest shopping districts, looks to be as robust as ever. On any given weekend, the big-name stores that line Broadway and West Broadway — from H&M to Zara to Bloomingdale’s downtown outpost — are mobbed with New Yorkers and tourists alike.
But despite all that, Soho is a neighborhood at a retail crossroads. [more]