Asking Rents See Increases, Some More Subtle, in Prime Manhattan Shopping Corridors

Demonstrating retailers’ continued interest in New York City’s hot retail market, ground floor asking rents for available retail space in Manhattan’s prime shopping destinations increased in the first quarter of 2015 in all but one of the 17 corridors surveyed, year over year, according to The Real Estate Board of New York’s (REBNY’s) Spring Retail Report