Mall - ification of of the big apple continues.
This autumn, rent Manhattan retail space had in tourist attraction, including the famous 5th avenue, times square, office, real estate board, New York said in a report yesterday.
Brokers said rents were pushed higher demand from big retail chains has as many tourists in his hometown.
Today, an hour or two plans in times square parade to celebrate the opening in the Disney store 20,000 square foot 15.4 - - Broadway and mayor bloomberg is expected to attend.
Some locals fair about "1990s Disneyfication" once - gritty area. But all kinds of big - retail brand also begin to join the fight: Aeropostale, forever 21 and American eagle Outfitters are opened big times square shop in the past year.
Times square retail space has nearly doubled, a square feet of $1,700 since last fall, according to Michael Slattery, REBNY senior vice President.
Meanwhile, fifth avenue because participant who Uniqlo 666 fifth avenue diachronic space original Brooks brothers.
Japan Uniqlo to speed the mouthpiece of the fashions, its bargain price. Even now, "it's still pay rent," Brooks brothers asked said, noting that Slattery fifth avenue rent is up 15 percent, compared with a year ago now average a square feet of $2,300.
"We've all become a little more cost conscious," paving the way for mall chains like Gap, H&M and Abercrombie & Fitch to establish themselves in Manhattan's swankiest shopping corridors, said Jeffrey Roseman, a retail broker at Newmark Knight Frank. He continued, "the companies see these districts as big branding opportunities."
This autumn, rent Manhattan retail space had in tourist attraction, including the famous 5th avenue, times square, office, real estate board, New York said in a report yesterday.
Brokers said rents were pushed higher demand from big retail chains has as many tourists in his hometown.
Today, an hour or two plans in times square parade to celebrate the opening in the Disney store 20,000 square foot 15.4 - - Broadway and mayor bloomberg is expected to attend.
Some locals fair about "1990s Disneyfication" once - gritty area. But all kinds of big - retail brand also begin to join the fight: Aeropostale, forever 21 and American eagle Outfitters are opened big times square shop in the past year.
Times square retail space has nearly doubled, a square feet of $1,700 since last fall, according to Michael Slattery, REBNY senior vice President.
Meanwhile, fifth avenue because participant who Uniqlo 666 fifth avenue diachronic space original Brooks brothers.
Japan Uniqlo to speed the mouthpiece of the fashions, its bargain price. Even now, "it's still pay rent," Brooks brothers asked said, noting that Slattery fifth avenue rent is up 15 percent, compared with a year ago now average a square feet of $2,300.
"We've all become a little more cost conscious," paving the way for mall chains like Gap, H&M and Abercrombie & Fitch to establish themselves in Manhattan's swankiest shopping corridors, said Jeffrey Roseman, a retail broker at Newmark Knight Frank. He continued, "the companies see these districts as big branding opportunities."
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