Bradley Kaufman, head of Pryor Cashman's Commercial + Retail Leasing practice, spoke with leaders in the luxury retail leasing sector about how leasing patterns are changing in Manhattan. Overall, industry veterans expressed that luxury retailers are following a new roadmap as the Manhattan landscape continues to evolve, with high-end stores breaking away from leasing space the way they did six or seven years ago.
Kaufman's findings, published in Real Estate Weekly, can be read here.
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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
