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Times Square’s Visitors Push Closer to Pre-Pandemic Levels in Positive Sign for Retail Real Estate

Landmarked Paramount Building Reports 100% Retail Occupancy as Tourists Return to New York
Foot traffic in Times Square has shown recovering signs and recently was just 9% shy of its pre-pandemic level. (Andria Cheng/CoStar)
Foot traffic in Times Square has shown recovering signs and recently was just 9% shy of its pre-pandemic level. (Andria Cheng/CoStar)
CoStar News
April 27, 2022 | 9:45 P.M.

In a positive sign for retail property, New York City, once the epicenter of the COVID-19 health crisis in the United States, is seeing visitors return to Times Square as foot traffic in the tourism and entertainment area’s best day recently was just 9% shy of the pre-pandemic level.

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News | Times Square’s Visitors Push Closer to Pre-Pandemic Levels in Positive Sign for Retail Real Estate