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Foreign retailers are flocking to Manhattan, gobbling up prime storefronts

Don’t be fooled by those empty storefronts because retailers are fighting to find space in prime Manhattan neighborhoods. “Where there is good product there is competition for it,” said Matt Chmielecki of CBRE.  In Soho, prime corners on Prince and Spring streets have been lapped up, while nearby Broadway is getting tight. The space crunch is forcing tenants…