search

The Real Deal Logo

Trending

Major developers are converting South Florida malls into mixed-use projectsMajor developers are converting South Florida malls into mixed-use projectsBushburg buying Rudin’s half-empty FiDi office building for $160MBushburg buying Rudin’s half-empty FiDi office building for $160MPrada buys retail condo on Billionaires’ RowPrada buys retail condo on Billionaires’ RowCrunch Fitness founderDoug Levine sells three Wynwood buildings for $25MCrunch Fitness founderDoug Levine sells three Wynwood buildings for $25M
New York

Manhattan retail rosy in ’06, report says

Sign Up for the undefined Newsletter

Job growth, a strong economy, and an influx of tourists should spur higher retail rents and lower retail vacancy rates in Manhattan for the rest of this year, according to a new report. Manhattan’s retail vacancy rate should drop to 4.2 percent by the end of 2006, according to the report released Tuesday by brokerage Marcus & Millichap. more By Tom Acitelli