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Tuesday, May 22, 2018

Lois WeissNew York's so-called 'retail apocalypse' isn't that bad

In the last year, dropping retail rents have motivated big brands to seek storefronts - which are now less expensive - along the city's prime shopping strips. "Rents have stabilized and it's a flight to quality," says Ariel Schuster of RKF.
https://nypost.com/2018/05/21/new-yorks-so-called-retail-apocalypse-isnt-that-bad/

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