search

The Real Deal Logo

Trending

Lawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aDavid Werner strikes $115M deal to snap up 100 Wall Street at big discountDavid Werner strikes $115M deal to snap up 100 Wall Street at big discountVornado, Rudin reveal plan for larger 350 Park Avenue projectVornado, Rudin reveal plan for larger 350 Park Avenue projectHousing deal critics spin themselves sillyHousing deal critics spin themselves silly
New York

Manhattan retail rents are up

Sign Up for the undefined Newsletter

Retail rents in most of Manhattan’s major retail areas have shot up over the past year, according to the latest figures released by the Real Estate Board of New York. The rise in asking rents for street-level retail space in Harlem and the south end of Broadway was among the highest in the city, with rents on the “125th Street Corridor” between both rivers surging 38 percent to an average of $90 a square foot and rents on The Broadway corridor between Battery Park and Chambers Street posting gains of 45 percent to $126 a square foot. more [Globest.com]
And more [Post]