【World Property Journal】Manhattan Retail Tightens as Availability Hits Record Low in Early 2026

Manhattan's prime retail corridors tightened further in the first quarter, with availability falling to the lowest level on record even as consumer spending showed signs of strain, according to a new report from JLL.

Average availability across key shopping districts -- including Fifth Avenue, SoHo and Times Square -- held at 13.7% in the first three months of 2026, matching the prior quarter and marking the lowest level since tracking began in 2017.

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