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Metropolitan New York City
Reply to "The sheer number of empty storefronts in nyc these days is an eyesore"
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[quote=Anonymous]https://www.nytimes.com/interactive/2018/09/06/nyregion/nyc-storefront-vacancy.html New NYT article on how bad it is: “When you walk the streets, you see vacancies on every block in all five boroughs, rich or poor areas — even on Madison Avenue, where you used to have to fight to get space,” said Faith Hope Consolo, head of retail leasing for Douglas Elliman Real Estate, who said the increase in storefront vacancies in New York City had created “the most challenging retail landscape in my 25 years in real estate.” A survey conducted by Douglas Elliman found that about 20 percent of all retail space in Manhattan is currently vacant, she said, compared with roughly 7 percent in 2016.[/quote]
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