Empty storefronts in lower Manhattan have become more prevalent especially as Walgreens has been downsizing their Duane Reade locations and banks have reduced branch numbers. Historically I've heard that landlords try to hold out for high rent paying large corporations but in the past few years there are less and less of those tenants. Also I'm sure it's tied to the 10 year lease renewal/rent increase cycle.
Anecdotally, I notice a lot more foot traffic in Fidi than last year and far less traffic when I do need to take a taxi or uber. It seems like greater foot traffic would be a benefit for your friend's store unless it's a destination store that sells large products (furniture/appliances/etc).
Anecdotally, I notice a lot more foot traffic in Fidi than last year and far less traffic when I do need to take a taxi or uber. It seems like greater foot traffic would be a benefit for your friend's store unless it's a destination store that sells large products (furniture/appliances/etc).