Is Amazon Killing NYC Retailers Or Is The 'Rent Just Too Damn High?'
A few weeks ago, the office of Council Member Helen Rosenthal of New York's 6th District published the results of a business survey conducted on the Upper West Side that showed, among other things, that some 12% of retail store fronts lay vacant.
Of the 1,332 storefronts that we surveyed, we identified 1,170 active businesses -- 88%.
Twelve percent of storefronts (161) were unoccupied. Please note that "unoccupied" includes recently closed businesses, as well as new spaces that were not yet leased.