• The New York Post, Friday, December 9, 2011 9:31 AM

After several years of stagnant growth in New York City, McDonald’s plans to add at least 10 burger joints to Manhattan within the next three to five years. That would represent a growth spurt of at least 14% above the current tally of 73 Manhattan locations — despite a lackluster outlook for the fast-food industry overall, which is facing flat sales during the next few years, analysts said. The QSR chain is looking to take advantage of slumping retail rents, says New York real-estate broker Harold Sherr.

Sources said McDonald’s is likewise poised to build more stores throughout the five boroughs and the tri-state area, where it operates about 250 and 620 restaurants, respectively. The company has also remodeled a dozen Manhattan locations during the past 18 months as part of a pilot for a program that will revamp as many as 800 of its 14,000 US restaurants next year.

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