Foot traffic is on the increase in Manhattan, says the Real Estate Board of New York (REBNY) in its Fall 2021 Manhattan Retail Report.
"Foot traffic remains well short of pre-pandemic levels, but the gains of 2021 seem like a sea change from the depths of 2020….. Retailers that previously steered clear of Manhattan are now signing leases," the study asserts.
The Board points out the Times Square Alliance reported that an average of 227,180 people visited the neighborhood during October, the most since the pandemic while below the 377,318 visitors averaged in 2019
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