New York's Lower East Side Sees Rising Rents as Madison Avenue Crumbles

After months of coronavirus pandemic lockdown, Americans just want to shop. Or at least, they want to visit some storefronts. A new report from brokerage firm Cushman & Wakefield, as reported by Business of Fashion, reveals exactly where these customers are and aren't going by examining the fluctuating costs of retail rent prices.New York's businesses unsurprisingly still have it quite hard, with many big retailers and restaurants skipping out on pricey rent or simply folding altogether. Madison...