Financial District Retail Rents Rise As Fifth Avenue’s And Soho’s Drop

by MR Magazine Staff

The biggest jump happened in the newly booming Financial District, which is swiftly hurdling its way towards being Manhattan’s next go-to shopping destination. Jumping from $234 per square foot to $308 in the past six months alone, landlords are clearly anticipating a further increase in business after the first round of stores finish setting up shop. Read more at Racked NY.