{"id":2284,"date":"2018-05-23T20:20:08","date_gmt":"2018-05-23T20:20:08","guid":{"rendered":"http:\/\/leeassociatesnyc.com\/?post_type=post&p=2284"},"modified":"2018-05-23T20:20:08","modified_gmt":"2018-05-23T20:20:08","slug":"new-yorks-so-called-retail-apocalypse-isnt-that-bad","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/new-york\/2018\/05\/23\/new-yorks-so-called-retail-apocalypse-isnt-that-bad\/","title":{"rendered":"New York’s so-called ‘retail apocalypse’ isn’t that bad"},"content":{"rendered":"

In\u00a0the last year, dropping retail rents have motivated big brands to seek storefronts \u2014 which are now less expensive \u2014 along the city\u2019s prime shopping strips.<\/p>\n

\u201cThe ones who have are making things happen and signing deals,\u201d says Peter Braus of Lee & Associates NYC. \u201cThe smart tenants are, by and large, quietly out there making deals. Everyone likes to talk about the \u2018retail apocalypse,\u2019 but the reality is that tenants are seeing the value [as owners drop rents and offer concessions] and making smart transactions.\u201d<\/p><\/blockquote>\n

Read more here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

In\u00a0the last year, dropping retail rents have motivated big brands to seek storefronts \u2014 which are now less expensive \u2014 along the city\u2019s prime shopping strips. \u201cThe ones who have are making things happen and signing deals,\u201d says Peter Braus of Lee & Associates NYC. \u201cThe smart tenants are, by and large, quietly out there making deals. Everyone likes to talk about the \u2018retail apocalypse,\u2019 but the reality is that tenants are seeing the value…<\/p>\n","protected":false},"author":203,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,27],"tags":[],"class_list":["post-2284","post","type-post","status-publish","format-standard","hentry","category-insights","category-press"],"yoast_head":"\nNew York's so-called 'retail apocalypse' isn't that bad - Lee & Associates New York City<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lee-associates.com\/new-york\/2018\/05\/23\/new-yorks-so-called-retail-apocalypse-isnt-that-bad\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New York's so-called 'retail apocalypse' isn't that bad\" \/>\n<meta property=\"og:description\" content=\"In\u00a0the last year, dropping retail rents have motivated big brands to seek storefronts \u2014 which are now less expensive \u2014 along the city\u2019s prime shopping strips. \u201cThe ones who have are making things happen and signing deals,\u201d says Peter Braus of Lee & Associates NYC. \u201cThe smart tenants are, by and large, quietly out there making deals. Everyone likes to talk about the \u2018retail apocalypse,\u2019 but the reality is that tenants are seeing the value...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lee-associates.com\/new-york\/2018\/05\/23\/new-yorks-so-called-retail-apocalypse-isnt-that-bad\/\" \/>\n<meta property=\"og:site_name\" content=\"Lee & Associates New York City\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-23T20:20:08+00:00\" \/>\n<meta name=\"author\" content=\"Kas Xhakli\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kas Xhakli\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/new-york\\\/2018\\\/05\\\/23\\\/new-yorks-so-called-retail-apocalypse-isnt-that-bad\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/new-york\\\/2018\\\/05\\\/23\\\/new-yorks-so-called-retail-apocalypse-isnt-that-bad\\\/\"},\"author\":{\"name\":\"Kas Xhakli\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/new-york\\\/#\\\/schema\\\/person\\\/41703dec08a71207097a3de765c4b952\"},\"headline\":\"New York’s so-called ‘retail apocalypse’ isn’t that bad\",\"datePublished\":\"2018-05-23T20:20:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/new-york\\\/2018\\\/05\\\/23\\\/new-yorks-so-called-retail-apocalypse-isnt-that-bad\\\/\"},\"wordCount\":99,\"articleSection\":[\"Insights\",\"Press\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/new-york\\\/2018\\\/05\\\/23\\\/new-yorks-so-called-retail-apocalypse-isnt-that-bad\\\/\",\"url\":\"https:\\\/\\\/www.lee-associates.com\\\/new-york\\\/2018\\\/05\\\/23\\\/new-yorks-so-called-retail-apocalypse-isnt-that-bad\\\/\",\"name\":\"New York's so-called 'retail apocalypse' isn't that bad - 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