NYC Retail Market

New York’s retail market revolves around the buying and leasing of commercial spaces. With thousands of retail stores across all of New York’s boroughs, the retail market drives an important portion of NYC’s commercial real estate.

NYC Retail Market Q&A

What properties are bought, sold, and leased in the NYC retail market?
New York has a wide variety of retailers and a diverse array of retail spaces that can be leased or purchased for their use. Retailers might prefer to have their business in a Fifth Avenue storefront, or tucked on a residential street, or in a mall. Spaces must have the correct zoning in order to be bought or leased by retailers, and can occupy commercial or mixed-use buildings.
Want to know more about the NYC retail market?
Check out our Top Stories below for TRD's most up-to-date coverage of NYC's retail market.

NYC Retail Market Top Stories

August 5, 2019In July, the 10 biggest retail leasing deals in New York City totaled 177,600 square feet and were dominated by restaurants — and AMC.
June 19, 2019Four years ago, exotic party goods and beauty retailer Ricky's had 29 stores. By the end of the summer, it will have just two, at 830 Broadway and 590 Broadway.
March 18, 2019As New York's retail sector adjusts to shifting consumer behavior, disruptors and veterans alike see opportunity, albeit in different places.

The Latest

Coogan’s Irish pub in Washington Heights, John Jovino Gun Shop in Little Italy, and Gem Spa in East Village (Getty)

Nearly 3,000 small businesses in NYC closed due to Covid

Mom-and-pop shops selling egg creams, vinyl records — and even firearms — lend New York City some of its...

Nearly 3,000 small businesses in NYC closed due to Covid
TSCG and SCG Retail's David Firestein, Meridien Retail Leasing's James Famularo and Newmark Knight Frank's Jeffrey Roseman

How to restart retail on today’s TRD Talk

On today’s episode of TRD Talks Live, associate publisher Hiten Samtani will discuss the future of retail with TSCG and...

How to restart retail on today’s TRD Talk
Saks Fifth Avenue at 611 5th Avenue in New York (Photo by Cindy Ord/Getty Images)

Retailer Hudson’s Bay pink-slips 500 NYC employees

UPDATED, 5:54 p.m. April 30: Hudson’s Bay Company, the owner of Saks Fifth Avenue, will lay off 507 New...

Retailer Hudson’s Bay pink-slips 500 NYC employees
Caption: Stanley Chera (Photo by Patrick McMullan/Patrick McMullan via Getty Images)

Stanley Chera, titan of NYC retail, dies of coronavirus

UPDATED, April 19, 3:00 p.m: Stanley I. Chera, who parlayed his father’s Brooklyn department store business into one of...

Stanley Chera, titan of NYC retail, dies of coronavirus
Mayor De Blasio distributes information on the coronavirus (Credit: Jeenah Moon/Getty Images)

As coronavirus impacts small businesses, city offers financial relief

As foot traffic declines at New York City retailers and restaurants amid coronavirus fears, the de Blasio administration is...

As coronavirus impacts small businesses, city offers financial relief
595 Madison Avenue (Credit: Vornado)

Coach abruptly shuts doors at Vornado’s 595 Madison

Coach is the latest retailer to close its doors in Manhattan’s iconic shopping district. The leather goods retailer closed...

Coach abruptly shuts doors at Vornado’s 595 Madison
Jeff Sutton and the Prada storefront at 724 Fifth Avenue (Credit: Google Maps)

Prada gives landlord Jeff Sutton a lawsuit for Christmas

Six years ago, Jeff Sutton told Prada that he intended to renovate the building that houses the luxury fashion...

Prada gives landlord Jeff Sutton a lawsuit for Christmas
McDonald's at 429 Seventh Avenue (Credit: Google Maps)

McDonald’s sells Midtown retail building for $35M

McDonald’s parted with a three-story retail building it had owned in Midtown Manhattan for decades. The fast-food giant sold...

McDonald’s sells Midtown retail building for $35M
(Credit: iStock)

Chain stores decline in every borough

For the second time in a row, New York City will end the year with fewer national chain stores than it started with. According to the Center for an Urban Future’s latest State of...

Chain stores decline in every borough
Acadia Realty Trust CEO Kenneth Bernstein, 565 Broadway, and Marsha Soffer (Credit: ICSC, Google Maps, World Red Eye)

Acadia, Prusik make $28M Soho retail play

Acadia Realty Trust is continuing to gobble up Soho retail space with another $28 million buy. The Rye, New York-based real estate investment trust picked up the leasehold interest in the retail space occupied...

Acadia, Prusik make $28M Soho retail play
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