National
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...
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, 2019—In 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, 2019—Four 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, 2019—As New York's retail sector adjusts to shifting consumer behavior, disruptors and veterans alike see opportunity, albeit in different places.
The Latest
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...
National
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...
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...
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...
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...
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...
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...
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...
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...