Q2 2024 Economic Report
The Q2 2024 Economic Report offers a snapshot of the economic health of our district; we discuss the state of our ground floor retail, pedestrian traffic at NYC Portal art installation, and major lease signings.
Some Q2 2024 Economic Report highlights:
- As of May 2024, 83% of the district’s ground floor retail spaces are occupied
- Class A and B commercial leasing more than doubled from Q2 2023, increasing to 620,000+ SF leased this quarter
- American Eagle signed a 338,000 SF lease at 63 Madison Avenue
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