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Deal for M&M’s World Space in New York’s Times Square Shows Retail's Rebound

Foot Traffic in High-Profile District Has Recovered to About 70% of Pre-Pandemic Level, Business Group Says
In New York, 1600 Broadway, which houses M&M’s World, is being sold for more than $190 million. (CoStar)
In New York, 1600 Broadway, which houses M&M’s World, is being sold for more than $190 million. (CoStar)
CoStar News
December 14, 2021 | 8:03 P.M.

In a hopeful sign for New York’s battered commercial real estate market, a deal for the Times Square location that houses the M&M’s World confectionery emporium and tourist destination measures as one of the city’s largest retail transactions of the pandemic.

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