Manhattan Landlords Cut Deals to Stave Off Vacant Storefronts
Bloomberg, Feb. 27, 2018–Sarah Mulholland
Just four years ago, the new owner of 115 Mercer St., a low-slung building in the heart of Manhattan’s Soho shopping district, managed to swiftly replace its tenants and lure retailers willing to shell out record rents. Now, that same landlord has to fight to get one of them to stay.
