Figures
Manhattan’s Retail Market Enhanced by Fine Arts and Entertainment Tenants
May 9, 2025 10 Minute Read
Looking for a PDF of this content?
- The Fine Arts and Entertainment sector was one of the most active retail tenant categories in Manhattan, accounting for several of the market's largest retail leases from 2021-2024.
- Since 2014, the Fine Arts and Entertainment sector has averaged nearly 270,000 square feet of transactions annually, accounting for approximately 8% of the annual leasing volume.
- Between 2021 and 2024, the Fine Arts and Entertainment sector recorded the third-highest leasing volume and number of completed transactions across all industries, with nearly 1.3 million square feet leased across 95 transactions.
- In 2024, "new-to-market" Fine Arts and Entertainment tenants leased over 125,000 square feet in Manhattan, roughly 24% of all Fine Arts and Entertainment transactions signed during that year.