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BrandsBrokersPropertiesPricing

Financial District

Location
New York City, NY, USA
Estimated Gross Rent
$75-$100 PSF
Most Desirable Block(s)
Brookfield Place, South Street Seaport, World Trade Center, Broadway
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FIDI
Location
New York City, NY, USA
Estimated Gross Rent
$75-$100 PSF
Most Desirable Block(s)
Brookfield Place, South Street Seaport, World Trade Center, Broadway

Description

Shaped by centuries of commerce, the Financial District (FiDi) has transformed from Wall Street’s business epicenter into a multi-dimensional retail destination. Its streets, soaring skyscrapers, and world-famous landmarks create an environment where luxury shopping, fine dining, and cultural attractions dance alongside corporate headquarters. High-end retailers like Gucci, Louis Vuitton, and Tiffany & Co. share space with Apple, Zara, and Whole Foods, catering to executives, tourists, and an expanding residential community. With major redevelopments and a shift toward experiential shopping and lifestyle-driven concepts, FiDi is redefining itself as a place where business, culture, and shopping intersect on a global scale. The FiDi Retail Experience FiDi’s retail landscape is a blend of flagship luxury brands, experiential storefronts, and everyday essentials. High-end retailers such as Gucci, Louis Vuitton, and Bottega Veneta sit alongside Apple, Tiffany & Co., and Zara, creating a mix of accessible and prestige shopping. The district’s burgeoning food scene, with notable spots like Estiatorio Ornos and the upcoming Golden Mall Food Hall, adds another layer of consumer appeal, guaranteeing steady daytime traffic. While weekdays are boosted by office footfall, weekend activity fluctuates, with key tourist areas maintaining momentum but quieter streets seeing a drop in volume.

Shaped by centuries of commerce, the Financial District (FiDi) has transformed from Wall Street’s business epicenter into a multi-dimensional retail destination. Its streets, soaring skyscrapers, and world-famous landmarks create an environment where luxury shopping, fine dining, and cultural attrac

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street Details

Annual foot traffic

500,000 people/year

Daily vehicle traffic

15,000 vehicles/day

Population

25,000 people within

Day time population

35,000 people within

Household income (median)

$75,000.00 annually

Age (average)

> 35 years old within

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Available Spaces

Sample Space 1

1000 SF

Suitable for retail, restaurant, office

Sample Space 2

1500 SF

Suitable for retail, restaurant, office

Sample Space 3

2000 SF

Suitable for retail, restaurant, office

News & Alerts
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More new food options coming to FiDi!!

https://commercialobserver.com/2025/06/sk-hospitality-group-lease-25-broad-street/

4 months ago

For those touring Fidi, here are some options for a good lunch or dinner. I agree with most of these options!

https://ny.eater.com/maps/best-financial-district-fidi-battery-park-city-restaurants-bars-nyc

5 months ago

Brooks Brothers is back in Downtown NYC!!

https://wwd.com/business-news/retail/brooks-brothers-downtown-new-york-city-global-flagship-ken-ohashi-michael-bastian-1237820201/

5 months ago

https://ny.eater.com/2025/4/30/24420228/maison-passerelle-opening-printemps-best-desserts-pastry-rachel-green

6 months ago

French department store Printemps landed in Manhattan with several Kent Hospitality spots, in addition to clothing, accessories, skincare, and more.

Gregory Gourdet, a James Beard winner for his Portland, Oregon restaurant, Kann, leads all hospitality endeavors at the property, which includes a Champagne bar and cafe. But all eyes have been on Maison Passerelle, the long-awaited fine dining restaurant at the property. A menu lists duck with pineapple, Creole cassoulet, trout with plaintain puree, fried green plantains, and a Haitian chocolate dessert.

6 months ago

Quick Eternity, from Bryan Schneider, is opening at 22 Peck Slip, at Water Street in early May in the Seaport. He was inspired by the Spouter Inn, a whaling tavern from author Herman Meville’s novel, Moby Dick. Lots of hard-core New England vibes!

New England also heavily influences the food on Chef Antonio Mora's menu. The 60-seat space will include a whale jaw sculpture over the bar, a marine-themed mural, and a bar made out of driftwood.

A great addition to The Seaport and Downtown NYC.

7 months ago

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Local Experts
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Brokers Active on Financial District

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Anthropologie
Anthropologie
195 Broadway
AT&T
AT&T
217 Broadway
Brooks Brothers
Brooks Brothers
195 Broadway
GameStop
GameStop
174 Broadway
Gap
Gap
172 Broadway
LOFT
LOFT
2 Broadway
lululemon
lululemon
520 Broadway
Printemps
Printemps
1 Wall Street

Local Expert Analysis

Market Metrics and Leasing Trends FiDi presents an attractive leasing environment with rents ranging from $75 to $100 per square foot, significantly lower than Times Square or Fifth Avenue, making it a cost-effective alternative for brands seeking high visibility with lower overhead. However, the district faces notable leasing challenges, including vacancy rates exceeding 20% and a leasing slowdown post-COVID, signaling a more cautious retail landscape. Recent openings like Miniso, Printemps, and Marine Layer reflect a strategic focus on a mix of luxury and experiential retail, but retailers should be aware that consumer patterns remain uneven. The redevelopment of 55 Broad Street and 25 Water into residential spaces is expected to increase local foot traffic over time, but for now, brands must navigate a shifting landscape where office reliance is still a factor. Customer Demographics and Foot Traffic FiDi’s retail audience is a mix of high-net-worth individuals, professionals, and tourists, with lunch-hour surges during the workweek and weekend peaks concentrated near attractions like the South Street Seaport and Pier 17. Evening foot traffic remains moderate, as nightlife and residential density are still evolving. Seasonal events, such as concerts at Pier 17 and holiday activations, offer temporary boosts in visitation, reinforcing the importance of strategic event-driven retail activations. Future Trends FiDi is undergoing a 180 pivot from an office-dominated district to a more balanced live-work neighborhood, with residential conversions expected to drive sustained retail demand. Retailers incorporating experiential elements, curated selections, and destination-worthy design will be best positioned to capture both transient and local shoppers. While the leasing environment remains in flux, brands that carefully assess location-specific traffic patterns and co-tenancy considerations will find compelling opportunities for long-term positioning. Conclusion FiDi is at a crossroads of transformation, with redevelopment projects, a growing residential presence, and historic charm working in its favor. While leasing caution and foot traffic inconsistencies pose challenges, the district remains a cost-effective yet high-visibility option for brands seeking to engage with an evolving, multi-faceted audience.

Market Metrics and Leasing Trends

FiDi presents an attractive leasing environment with rents ranging from $75 to $100 per square foot, significantly lower than Times Square or Fifth Avenue, making it a cost-effective alternative for brands seeking high visibility with lower overhead. However, the district faces notable leasing challenges, including vacancy rates exceeding 20% and a leasing slowdown post-COVID, signaling a more cautious retail landscape. Recent openings like Miniso, Printemps, and Marine Layer reflect a strategic focus on a mix of luxury and experiential retail, but retailers should be aware that consumer patterns remain uneven. The redevelopment of 55 Broad Street and 25 Wa

...Read more