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Retail rents in Manhattan hit new lows at the end of 2020, but prices have been dropping steadily for the past five years. (Getty; iStock)

Manhattan retail rents hit new lows

The coronavirus pandemic has undoubtedly taken a huge toll on Manhattan’s retail sector, leading to stores closing and rents dropping along even the most posh shopping corridors. But those problems were in place well...

Manhattan retail rents hit new lows
A rendering of 121 West 125th Street in Harlem (Photo via BRP Companies; Trader Joe's)

Trader Joe’s is coming to Harlem

Trader Joe’s is coming to 125th Street in Harlem. The grocery store, known for its affordable speciality items, will open its 13th New York City location at 121 West 125th Street, according to the...

Trader Joe’s is coming to Harlem
The “Raising The Bar Recovery Fund” will distribute a collective $3 million to eligible businesses across New York State. (iStock)

Struggling restaurants to get $5K lifeline from state

New York restaurants, once bustling spaces that shaped the city’s character, are in trouble. One by one, hundreds have...

Struggling restaurants to get $5K lifeline from state

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