NEW YORK — Retailing in lower Manhattan is gaining promise and getting pricier.
With sweeping transformation hitting the area, lower Manhattan asking rents soared 37.8 percent in the second quarter this year over the same period last year, faster than any other section of the borough, Cushman & Wakefield reported Monday.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)