Soho retail-leasing boom bolstering investment sales

1 day ago Business NY Post - Business 5

Soho’s retail-leasing boom has spilled over to the investment-sale market. As ground-floor rents rose to an average $1,000 per square foot — and up to $1,800 as Ferrari is said to be paying to launch its “lifestyle boutique” at 92 Prince Street – sale values for retail properties in the landmarked, cast-iron district have also skyrocketed....

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