Retail News

Fifth Avenue merchants see glass half full for 2021

The Wall Street Journal 01/26/2021

Store owners along Fifth Avenue in Manhattan had a very difficult time of it in 2020. They are feeling more hopeful going into 2021 with the rollout of COVID-19 vaccines and fewer disruptions caused by protestors and police barricades outside of Trump Tower. Stores have also seen rents fall about 18 percent from their peak in 2017.

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