




Tucked into the western edge of Lower Manhattan, the West Village exudes a sense of place – a familiarity few neighborhoods in New York can rival. Long before it became a coveted destination for digitally native brands and luxury boutiques, this neighborhood was a home, full stop. A refuge to artis
Annual foot traffic
500,000 people/year
Daily vehicle traffic
15,000 vehicles/day
Population
25,000 people within
Day time population
35,000 people within
Household income (median)
$75,000.00 annually
Age (average)
> 35 years old within
1000 SF
Suitable for retail, restaurant, office
1500 SF
Suitable for retail, restaurant, office
2000 SF
Suitable for retail, restaurant, office

Cleo Downtown, a new rotisserie-focused restaurant from the team behind Margot and Montague Diner, is set to open in spring 2026 in the West Village. The 35-seat concept will replace longtime tenant Piccolo Angolo, marking a notable Brooklyn-to-Manhattan expansion.

Market Metrics and Leasing Trends
The West Village is amongst New York City’s top three retail destinations — particularly for brands looking to launch a boutique-scale flagship or establish a refined second location after SoHo or Madison Avenue. Leasing demand remains high, and most storefronts enjoy long-term occupancy with low turnover, a rarity in Manhattan’s volatile retail environment. Rents typically range from $200 to $300 per square foot, with premium blocks like Bleecker between West 10th and West 11th commanding top-of-market attention. While these figures are competitive with similar corridors in SoHo, brands are investing not only in real estate but in cultural alignment and co