New York’s retail market, having been hit hard by the fallout of the COVID-19 pandemic, is showing further signs of recovery as more international tourists return and retail sales reach a record high, according to a study from real estate firm CBRE.
New York’s Retail Market Shows More Signs of Rebound
Tourism, Record Sales Help Generate Higher Rents in Prime Shopping Areas, CBRE Says
By Andria Cheng
CoStar News
April 12, 2023 | 8:37 P.M.
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- Properties
- Office East
155 Delancey St, New York, NY