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From the May issue: It’s no secret that the world of brokering Manhattan retail leases is, well, secretive. While some firms publish reports with price-per-square-foot figures for various submarkets, closed deals do not need to be publicly recorded, and there’s no comprehensive database like there are in the office leasing and residential and commercial sales markets.
Still, this month — as Manhattan brokers head to Las Vegas for the annual International Council of Shopping Centers global retail convention — The Real Deal attempts to shed some light on this otherwise-murky sector of the market by ranking the city’s top retail firms. [more]
