
​NYC STREETSCAPE RISK PROTOCOL
Institutional Underwriting Intelligence & Capital Risk Mitigation for Ground-Floor Retail.
THE OUTPUT
Members receive recurring risk briefings, corridor diagnostics, and portfolio stress tests designed to protect ground-floor NOI.
THE MOAT
We provide the transactional data and Rent-to-Revenue (R2R) benchmarking required to vet operator durability. Our system identifies structural fragility in ground-floor leases before they reach the default threshold.
THE ROI EQUATION
Estimated loss per ground-floor default (TI, Commissions, Abatements, Vacancy).
Annual Membership to the NYC Streetscape Risk Protocol.
A single prevented default pays for 120 years of membership. We quantify the risk of high foot traffic with declining revenue conversion, a precursor to default that traditional credit checks fail to capture.
THE FRAMEWORK
Metrics derived from operator revenue signals, neighborhood demand patterns, and observed transaction behavior across active NYC hospitality venues.

Rent-to-Revenue (R2R) Benchmarking
Identifying concepts where occupancy costs have crossed the 18% "Default Red Zone."

Off-Peak Utility
(The Tuesday Test)
Quantifying revenue resilience and neighborhood utility during the 10 AM–4 PM hybrid-work window
Revenue Concentration Risk (The Algorithm Tax)

Measuring third-party platform dependency and its impact on net lease-serviceability.
Secondary Signals
Retention Equity (1.5-mile radius), Acquisition Velocity, and Asset-Specific Operator Track Records.
THE CREDIBILITY ANCHOR
Institutional risk-audits and underwriting intelligence grounded in 420+ active NYC venues, $4.2M in tracked operator revenue across active venues., and 8+ years of active transaction monitoring across 420+ venues, grounded in 20 years of operator and neighborhood observation
MEMBERSHIP PRIVILEGES




Monthly Streetscape Risk Reports:
10-page diagnostic briefings, corridor risk heatmaps, and closure analysis with cause classification.
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The NYC Restaurant Failure Tracker:
Monthly audit of institutional-grade closures and their primary operational causes.
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Quarterly Corridor Fragility Index:
Data-driven rankings of neighborhood retail stability.
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1-on-1 Portfolio Stress Tests:
Private sessions to audit your specific rent roll using our Rent Risk Ratio (RRR) model.
THE FOUNDING PARTNER CLOSE
STATUS: [ 2 SLOTS REMAINING ]
We are currently accepting a final cohort of Founding Partners to anchor the Protocol data around their specific NYC portfolios. Founding Partners secure a legacy rate of $7,000/year (2027 Institutional Rate: $15,000).
METHODOLOGY & DATA PROVENANCE
The NYC Streetscape Risk Protocol is an underwriting framework grounded in 20 years of direct operator and neighborhood observation across Manhattan and Brooklyn. Unlike lagging market reports, our intelligence is derived from a proprietary dataset reflecting 420+ active venues. We utilize primary revenue signals and transaction behavior to calculate the Rent Risk Ratio (RRR), a weighted metric that combines Rent-to-Revenue (R2R) performance with third-party platform dependency and localized neighborhood utility.
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Briefings are updated monthly to reflect current seasonal compression patterns, shifts in consumer discovery behavior, and emerging corridor fragility. This system is designed for Directors of Asset Management and VP-level Retail Leasing professionals to mitigate TI exposure and stabilize long-term portfolio NOI.
