Family Office Briefing on research byLee & Associates·Jan 28, 2025
2024 Q4 New York, NY - Retail
New York retail leasing market shows strong resurgence in Q4 2024 — family offices should consider co-GP opportunities with disciplined operators.
Key Metrics
| Metric | Value |
|---|---|
| Availability Rate | 15% |
| Vacancy Rate | 5.2% |
| Net Absorption | 386,444SF |
| Average Asking Rate | 134.46$/SF |
| Sale Price | 1,397.30$/SF |
| Cap Rate | 5.49% |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Lee & Associates
Building a thesis around New York? Share it confidentially with the Thesis Exchange — we pair you anonymously with family offices running adjacent retail strategies.
Peer Network · By Invitation
The Thesis Exchange
Share an investment thesis in confidence. We pair you anonymously with up to two other family offices running adjacent strategies. Reviewed by Gallium's editorial team. No vendor pitch.