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Lure Fishbar in Soho is saved with a new sublease agreement involving Prada.

Lure Fishbar in Soho is saved with a new sublease agreement involving Prada.

Lure Fishbar, a well-loved restaurant in Soho, is set to continue operations despite potential challenges. The establishment has reached an agreement with Prada, which holds a significantly larger space in the same building, located at 575 Broadway. This development ensures that the nearly 25-year-old seafood spot stays open, as confirmed by various sources. Lure occupies […]

Decline in sublease issues indicates improving office market in NYC

Decline in sublease issues indicates improving office market in NYC

Manhattan Office Sublease Market Sees Improvement It appears that the anticipated crisis in Manhattan’s office sublease market may not be as dire as once thought. Recent data from Transwestern indicates that office sublease availability in Manhattan has actually dipped below pre-pandemic levels, now sitting at 11.8 million square feet as of the third quarter. This […]