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United States | New York, NY

Report | New York Retail Micro Market - July 2017

Summary

​Fifth Avenue landlords have achieved some of the highest retail rents in the world, but prime ground floor rents on Upper Fifth Avenue have declined by 8.6 percent from 2015. Generous tenant improvement allowances, which were once uncommon in retail lease deals along New York’s prime urban corridors, are now prevalent.

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