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" ... According to the Real Estate Board of New York, all 17 major retail corridors in Manhattan in fall ... [+] 2020 experienced declines in asking rent, and 11 corridors saw an increase in available retail space of 6% to 67% since fall of 2019. ... "
" ... Average retail asking rent in Manhattan in the third quarter dropped for the 12th straight quarter, with the average of the main retail corridors declining nearly 13% from a year earlier, according to commercial real estate brokerage and research firm CBRE. ... "
" ... There’s also the potential for a shift in which corridors see the most activity. The reopening of travel is likely to be uneven at first, with some destinations seeing unusually high levels of travel compared to pre-pandemic norms. This may be exacerbated by Expedia’s prediction of greater levels of spontaneous travel, where holidaymakers opt for last-minute trips based on availability and cost. ... "
" ... Without these travel corridors, flying international remains challenging even for essential travel. ... "