Q2 2026 Rova Retail Report
Lower East Side
Published July 29, 2026 · By Mark Kvetkovskiy, CCIM
This is a report on the Lower East Side — one neighborhood within Rova's Broome-to-Houston territory. It covers the blocks east of Allen Street between Broome and Houston Streets, to the East River, and doesn't include neighboring Bowery or Nolita.
The quarter in view · April–June 2026
What changed, and what caught our attention.
From the report
$220K for the build-out.
The Allen House signed at 201 Allen. The publicly reported economics included a $220,000 one-time payment for the existing build-out and lease opportunity. Asking rent was $75/SF; actual rent is unknown.
4.4× apart on $/SF.
138 Clinton was a retail condominium. The all-commercial property at 75 Essex sold under foreclosure pressure—a different property and a different sale story.
Permits turned into action.
Q2 brought permits for restaurant, apartment and renovation work, plus a filing for a separate 158-unit phase at 280 East Houston.
What storefronts were asking.
37 advertised storefronts · annual asking rent per SF
Each dot is one advertised storefront. These are asking rents, not signed lease rents.
Q2 2026 report · page 1 ↗Data as of July 29, 2026The neighborhood, in detail.
Signed leases & completed sales: Jan 2025–Jun 2026. Development: 7 addressed Q2 updates.
Q2, as it happened.
April → June 2026
Choose a date ↓
7 addressed updates from the report.
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