Manhattan’s retail occupancy is rebounding as brands increasingly view retail spaces as destinations beyond just product sales. Visibility and presence have never been more critical. According to Jeremey Tahari, founding partner of Tahari Realty, in an interview with IREI, “Tenants are prioritizing corner spaces, high ceilings, clean sightlines. They’re not just leasing retail — they’re building cultural touchpoints.” This increased emphasis on storefront quality and location signals a broader shift in retailer behavior across the city.
Jeremey said, “This has been one of the most exciting changes to watch. Ecommerce didn’t kill retail; it redefined its role. Now, it’s about community, experience, and storytelling.”
Many direct-to-consumer (DTC) brands that originated online are now seeking flagship retail spaces to establish a stronger physical presence. At the same time, well-established retailers are redesigning their stores with a focus on hospi
