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State of the Market

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This week the Real Deal talks to restaurant and nightlife industry retail brokers, consultants, and lenders to talk about the state of New York right now. The whole piece is worth perusing but the big takeaways are that people are lending again and ambitious restaurants beginning opening again, yet business is still down significantly from the peak. Also, without the same competition from banks and retail, operators are able to negotiate much better leases. [TRD]

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