Garry Steinberg of Lee &Associates
NEW YORK CITY – Retail flagship stores continue tospring up all over Williamsburg, Brooklyn. To compete for and caterto residents in what is one of Brooklyn's most expensivesubmarkets, new and existing retailers are innovating theirofferings outside of their traditional lane.
Williamsburg retail leasing has been resilient through theL-train shutdown that transitioned to a "slowdown" when New YorkGov. Andrew Cuomo remixed the 18-month renovation. Uninhibited fromfurther growth prospects, retail leasing is brisker than ever inthe submarket, which is commonly known as the poster child forgentrifying, and "cool street" neighborhoods nationwide. And tothis day, its big-name helped bring in the most sought afterretailers.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 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.
Mariah Brown
Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.
