NYC still magnet for world's shoppers.(New York City)

Real Estate Weekly | August 13, 2008| | Copyright

New York City is an epicenter of culture attracting a seemingly astounding international demand! Sure to stay in strong shape, retail-wise and hospitality-wise, whatever might happen to the national economy we attract multitudes of overseas visitors, who perceive that the U.S.A. is "on sale," and where better to go shopping than in the Big Apple?

American vacationers still rate New York City as a top destination, too, particularly in the fall, and leading up to the winter holidays.

All of this is good news for retailers. In just a few short weeks, we're ...

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