New York City presents a huge opportunity for many businesses to grow, given the market size. While those involved in CRE have generally seen a slowdown in activity — New York has been an exception — particularly when it comes to retail.

Avison Young’s Brent Glodowski (director in Tri-State investment sales group) and James Nelson (principal and head of Tri-State investment sales) weighed in with GlobeSt. to explain why The Big Apple is standing out right now when it comes to retail. Interestingly, it all starts with strong office recovery since the pandemic, which is leading to a chain reaction.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.