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oHo, a vibrant neighborhood in Lower Manhattan, boasts an impressive array of top-notch restaurants, art galleries, and shopping options. This makes it a magnet for tourists and a prime target for investors.
Despite its popularity, SoHo's vacancy rate is surprisingly low, posing a significant challenge to developers looking to revamp or build new retail spaces. As a result, property owners are being highly selective about which brands they invite to fill the limited available space in this supply-constrained area.
Greg Kraut, CEO and co-founder of KPG Funds, recently discussed the strategic approach to filling vacancies in SoHo on "The Rush Hour".
realestate
SoHo Retail Space Sees Surge in Demand from Developers
The neighborhood boasts an unusually low vacancy rate.
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Nashville experiences significant increase in high-end renters, data analysis reveals
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![Abandoned property transformed into luxury villas through real estate investment in [location].](https://static.realestate.news/2025/6/21/23315/98447515-0-image-m-158_1747413095416.jpg)
realestate
Abandoned property transformed into luxury villas through real estate investment
A Louisiana woman transforms troubled street properties into stunning works of art, reviving Southern charm.
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Darien and Rowayton Market Update: June 12-19
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