Family Office Briefing on research byLee & Associates·Apr 25, 2023
2023 Q1 New York City - Retail
New York City retail market shows signs of recovery in Q1 2023 — family offices should consider co-GP opportunities with disciplined operators.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 5.5% |
| Net Absorption | -194,327SF |
| Average Asking Rate | 135.21$/SF |
Metrics extracted from the source report and independently fact-checked. Method →
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