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Soho retail-leasing boom bolstering investment sales

Summary by New York Post

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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Soho retail-leasing boom bolstering investment sales

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.

1 day ago·New York, United States

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New York Post broke the news in New York, United States 1 day ago on Monday, May 26, 2025.

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