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The Empty Storefronts in New York City

It is the economically rational thing to do. Market forces are adjusting and prices are falling. In fact, the Real Estate Board of New York’s latest retail report shows rents softening by 25 percent along the same Bleecker Street corridor cited by The Times.

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Advertisement Supported by Opinion | Letters The Empty Storefronts in New York City DEC3, 2017 Continue reading the main story Share This Page Continue reading the main story if ( window.magnum && window.magnum.getFlags().indexOf('headlineBalancer') > 0 && window.magnum.headlineBalancer && window.magnum.headlineBalancer.initialize && window.magnum.headlineBalancer.shouldRun() ) { window.magnum.headlineBalancer.initialize(); } Photo A vacant storefront at Broadway and 86th Street in Manhattan.

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