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Midtown's 42 Below District Sees 65% Retail Growth

3/23/2026

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Story summary
  • The 42 Below district in Midtown Manhattan shows retail occupancy growing 65% faster than the rest of Manhattan, per New York Real Estate Journal.
  • Over the past two years, storefront vacancies have dropped by 19% as fitness and personal care storefronts increased from 22 to 33.
  • New businesses have opened, including Sora, a 20,000-square-foot complex with eight Japanese and Chinese food concepts, and Kaza, a new Japanese restaurant.