REBNY Retail Reports

Summer 2022 Brooklyn Retail Report


November 20, 2022

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Brooklyn has been a frontrunner in the retail recovery over the last two years. Many of Brooklyn’s residential neighborhoods, and in turn its retail corridors, started to rebound in late 2020 - well before Manhattan’s prime retail districts regained momentum. Retail activity in Brooklyn’s mixed-use neighborhoods, such as Downtown Brooklyn, has increased throughout 2022 thanks to ongoing residential development, return to office, and surging tourism. National retailers expanded in these high-traffic corridors. Finally, Williamsburg continues to separate itself in terms of the range of businesses it attracts and the rent level it achieves.

Topics Covered

  • Business
  • Tourism
  • Brooklyn