Retail News

Real estate deals could be sign that NYC retail is coming back

The Wall Street Journal 12/15/2021

Foot traffic to the Times Square area of New York City has been increasing in recent months, although it is still behind pre-pandemic levels. That didn’t deter Paramount Group, a real estate investment trust, from agreeing to pay more than $190 million to acquire the space at 1600 Broadway, home to the M&M’s World store.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!