Everything’s On The Table In COVID’s Era Of Renting And Reinventing
Even before the the pandemic the outlook for brick-and-mortar retail stores was dim. That outlook darkened as store shuttered and consumers stayed home. The Real Estate Board of New York (“REBNY”), a leading New York State real estate trade association, has documented just how bleak things have gotten in a report on retail rents and availability. Since the fall of 2019, available retail space, depending on location, increased up to 67 percent. Over the same time period, the
