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New York turnover pipeline
12,590 commercial sites mid-turnover or recently sold, aggregated from publicly available information. See the large buildings →
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Commercial turnover pipeline
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Stage
What do the stages and signals mean?
Stages: where a space is in a turnover (each site has one)
- Vacant
- A storefront closed or was reported vacant, and nothing has followed yet.
- Planning
- A commercial project was filed with or decided by the city's planning department: a change of use, development, zone change, conditional use or variance. Usually months before a permit.
- Build-out
- The latest record is a commercial building permit for tenant work: a tenant improvement, change of use, interior demolition, addition, demolition or new building.
- Ready
- A certificate of occupancy was issued for that work, so the space can be occupied.
- New tenant
- A business registered or opened here after a build-out or closure, or the storefront was reported occupied again.
- Sold
- The property changed hands recently and there's no tenant activity on record yet.
Signals: extra flags, in any stage
- Confirmed turnover
- More than one kind of record agrees the tenant is changing, like a closure followed by a permit, or a change of use.
- Sold 2025–26
- The property changed hands recently.
- Tax trouble
- The owner is behind on property tax.
- Lease ending in 2 years
- A storefront's most recent lease ends within two years.
- Dark 60+ days
- Closed or reported vacant at least 60 days ago, with nothing since.
- Building ≤75% occupied
- The large building here reported 75% occupancy or less.
- Building occupancy falling
- The large building's reported occupancy dropped 15+ points from its recent peak.
Stage & progress
Property
Type
Work · space
Leaving → coming
Signals