Checkout
NYC Shoppers Shun Madison Avenue as Swanky Boutiques Depart
- Space availability is highest among Manhattan’s retail hubs
- Soho, by contrast, seeing more foot traffic than before Covid
Shoppers are scanning Manhattan’s brick-and-mortar stores again, in search of wardrobe upgrades for the return to offices and in-person gatherings. Madison Avenue is one retail hub getting left out of the rebound.
Foot traffic on the stretch of Madison from 57th to 72nd streets was at just 71% of 2019 levels the week of Aug. 8, according to estimates by Orbital Insight. That’s lagging behind Upper Fifth Avenue just a block away, and Soho, which is seeing more shoppers than before the pandemic.