It used to be that taking a 10-minute walk around SoHo meant passing by at least a dozen upstart, trendy fashion retailers eager to sell you a $500 hoodie or $1,000 pair of sneakers.  But these days you're much more likely to see a whole bunch of this: As Bloomberg points out this morning, in the wake of Manhattan's retail drought, commercial landlords, who have seen retail occupancy levels plummet over the past 12 months, are doing everything possible to avoid big price cuts.  Instead, like residential landlords, commercial real estate owners are providing massive rent concessions through things like...

BING NEWS:
  • Editor’s note: The MTA is ready to make a deal on vacant retail space
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    04/28/2024 - 10:00 pm | View Link
  • The Great Landlord Rent Robbery
    These days, I spend a good amount of time explaining to clients and prospective clients why a landlord who knowingly removed an apartment from rent-stabilization ... in New York City, the Court ...
    04/16/2024 - 11:00 pm | View Link
  • York City 2-0 Woking
    Billy Chadwick and Dipo Akinyemi scored second-half goals to move York to the brink of safety with a crucial home win against Woking. Chadwick broke the deadlock just before the hour-mark and ...
    04/12/2024 - 1:00 pm | View Link
  • 25 of Our Readers’ Favorite New York City Restaurants
    We asked, you answered: Here are the restaurants our dining-obsessed readers would rank the best in the city. The Grand Central Oyster Bar in Grand Central Terminal is popular with readers.Credit ...
    04/10/2024 - 1:00 pm | View Link
  • When was the last earthquake in New York City? It wasn't that long ago
    NEW YORK -- The earthquake felt Friday in New York City wasn't the first time New Yorkers felt the ground shaking in 2024. A much smaller, 1.7 magnitude earthquake was also felt on January 2.
    04/5/2024 - 2:40 pm | View Link
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