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

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
ICSC’s annual New York show will feature twice as much programming as in years past.

Here’s what to expect at ICSC’s 2019 NYC event

These are confusing times for retail in New York City, with major store openings and an uptick in leasing...

Here’s what to expect at ICSC’s 2019 NYC event
Target ads (right) seen on the corner of 42nd Street Eighth Avenue (Credit: Google Maps)

Target sets bullseye on Times Square with new lease

Target is continuing its leasing spree in New York City, this time with a shop in Times Square. The...

Target sets bullseye on Times Square with new lease
Federal Realty Investment Trust CEO Donald C. Wood and Georgetowne Shopping Center (Credit: Google Maps)

Fairway-anchored Bergen Beach shopping center sells for $85M

A real estate investment trust has purchased a Fairway Market-anchored shopping center in southeast Brooklyn for $85 million. Federal...

Fairway-anchored Bergen Beach shopping center sells for $85M
The Daily Digest - Tuesday

Commercial rent stabilization bill makes a comeback, retail leasing gets boost from falling rents

Every weekday, The Real Deal rounds up New York’s biggest real estate news. We update this page throughout the day, starting at 9 a.m....

Commercial rent stabilization bill makes a comeback, retail leasing gets boost from falling rents
From left: Jack Terzi, 31 East 28th Street, and Michael Shah (Credit: Jack Terzi, Delshah Capital and Google Maps)

Take Two: After dismissal, Delshah strikes back with second foreclosure suit against Terzi’s NoMad retail condo

In May, Delshah Capital’s distressed-debt strategy was tripped up when a judge dismissed two foreclosure suits against Jack Terzi’s JTRE Holdings. That decision hinged...

Take Two: After dismissal, Delshah strikes back with second foreclosure suit against Terzi’s NoMad retail condo
« Previous Next »
Loading...