Two tony Manhattan shopping destinations entered a public health emergency and financial catastrophe. One came out swinging, the other emerged punch drunk. Union Square and SoHo have indeed ended up ...

Retail real estate in New York City is showing signs of life. Herald Square, however, is not exactly leading the comeback. The retail district, home to Macy’s flagship and steps from Penn Station, has ...

Herald Square, one of the city’s most trafficked retail districts—once booming with shoppers, office workers and tourists—turned into a void of shuttered stores during the pandemic and has continued ...

Wharton Properties seems ready to hand over the keys in Herald Square. The major retail landlord and its partners have agreed to an “optional default” at 11 W. 34th St., which clears the way for ...

The district achieved an overall storefront occupancy rate of 91.4 percent during the first quarter, according to the report, signaling continued success after a period of growth between 2024 and 2025 ...