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Times Square and Fifth Avenue, Manhattan’s most expensive retail corridors, lag in recovery

Districts among four combined representing 60% of borough's available storefronts, REBNY study shows
Times Square has trailed Manhattan's overall retail recovery, studies found. (Andria Cheng/CoStar)
Times Square has trailed Manhattan's overall retail recovery, studies found. (Andria Cheng/CoStar)
CoStar News
February 6, 2026 | 6:46 P.M.

Manhattan’s Times Square and iconic Fifth Avenue stretch south of Central Park may have seen a return of tourist traffic, but the corridors — the most expensive in the city — have trailed in the city's overall retail rebound, according to a fresh study.

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