Tuesday, 10 April 2018

Retail asking rents fell in 10 out of 11 submarkets: Cushman

Retail asking rents for direct space on prime Fifth Avenue fell nearly 20 percent at the start of 2018 from a year before, according to a new report from Cushman & Wakefield. Direct space from landlords on the city’s priciest retail stretch from 49th to 60th streets on Fifth Avenue was asking an average of $2,592 per square foot during the first quarter of the year, Cushman’s data show. That’s down 18.7 percent for $3,188 […]



source https://therealdeal.com/2018/04/10/retail-asking-rents-fell-in-10-out-of-11-submarkets-cushman/

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