Map shows the storefronts studied in SoHo. Blue dots represent occupied stores; pink dots represent vacancies; yellow dots represent vacancies with construction or a store coming soon. Image Credit: NYC DCP

The causes of vacancies vary due to differences in local economies and other community characteristics. On August 8, 2019, the Department of City Planning released “Assessing Storefront Vacancy in NYC”, a report which examines retail patterns and storefront vacancies across 24 different neighborhood shopping corridors around the city. (read more…)