TIMES SQUARE | DECEMBER 2020 KEY INDICATORS December By the Numbers Monthly Key Economic Indicators

55% of storefront businesses open in Times Square

23.5% Hotel occupancy during November in Times Square

105,030 Average Daily Visitors to Times Square

27,775 Essential workers and their loved ones rang in the New Year from Times Square. Total SF Leased in Times Square

Average Daily Visitors Pedestrian Count

In December, on average 105,030 pedestrians came AVERAGE DAILY 2020 to Times Square each day, a PEDESTRIAN COUNT 2019

69.2% decline from 2019. 450,000

400,000 Since September, Times Square’s 337,864 340,637 pedestrian counts have remained 350,000 relatively static. 300,000

250,000

Foot traffc peaked on Sunday, 200,000 December 13th at 150,218 150,000 people. 106,762 105,030 100,000

50,000 0 NOVEMBER DECEMBER

Source: Springboard TIMES SQUARE | DECEMBER 2020 KEY INDICATORS Commercial Real Estate Class A

In December, Times Square’s occu- pancy rate declined slightly XXXXXXOCCUPANCY RATE/ XXXXTIMES SQUARE PRICE PER SQUARE FOOT XXXXMIDTOWN from last month to 91.6%. Mid- CLASS A PRICE PER SF town observed a similar decline in 95% occupancy to 88.4%. $65 93% $64 $65

In Times Square and Midtown, net $64 effective rents fell by $1 per square 91% foot from November. $73 $73 $74

Throughout the pandemic, leasing 89% $73 activity has been driven by renew- als and subleases. This month, 87% 27,775 SF of offce space was leased in Times Square, over half 85% SEPTEMBER OCTOBER NOVEMBER DECEMBER of which was due to the renewal of Source: CoStar, CompStak. Times Square fgures include properties within the BID boundaries. Midtown the New York Times at 620 Eighth fgures are based on CoStar Submarkets. Beginning in Dec. 2016, the Alliance changed our methodolo- gy for reporting commercial rents to be a six-month moving average of net effective rent. Avenue. XXXXXX XXXX XXXX Hotels Rates & Occupancy

In November, Times Square had a hotel occupancy rate of 23.5%, HOTEL OCCUPANCY + OCCUPANCY AVERAGE DAILY RATE a 2% drop from October and a AVERAGE DAILY RATE 69% decline from 2019. Midtown 100% $287 and Manhattan had occupancy $263 rates of 25.8% and 27.4% respec- tively, both slight declines from October and down over 60% from 70% 2019.

Times Square’s average daily rate in November was $127, a de- 40% cline of 52% from 2019. Midtown $127 and Manhattan’s average daily rates of $129 and $149 repre- 10% sent declines of 54% and 51% 2018 2019 2020 Source: Smith Travel Research. All fgures are based on representative samples of hotels within respective respectively from 2019. boundaries. Please note that hotel fgures are based on the month prior to the reporting month. TIMES SQUARE | DECEMBER 2020 KEY INDICATORS Restaurants & Eateries Open for Take-Out, Delivery, or Outdoor Dining *Outdoor dining locations marked with asterisk

Andy’s Deli & Natural Foods Bibble & Sip BV Burger* Take-out only Take-out & Delivery Take-out & Outdoor Dining 270 W 47th Street 253 W 51st Street 120 W 45th Street (212) 869-0329 (646) 649-5116 (212) 575-5413

An’nam* Blockheads* BXL Cafe* Outdoor Dining Take-out/Delivery/Outdoor Outdoor Dining 234 W 48th Street 825 8th Avenue 125 W 43rd Street (212) 247-8318 (212) 307-7029 (212) 768-0200

Arno Ristorante* Blue Dog Kitchen* Bubba Gump Shrimp Co. Take-out/Delivery/Outdoor Outdoor Dining Take-out & Delivery 141 W 48th Street 308 W 50th Street 1501 Broadway (212) 944-7420 (212) 459-0700 (212) 391-7100

Auntie Anne’s of Times Square Bluestone Lane Cafe Abbondanza Take-out only Take-out & Delivery Take-out only 664 8th Avenue 11 Times Square 146 W 46th Street (212) 764-1562 (718) 374-6858 (212) 938-1333

Aureole Bobby Van’s Steakhouse Carnegie’s Pizza* Take-out & Delivery Take-out & Delivery Take-out/Delivery/Outdoor 135 W 42nd Street 135 W 50th Street 200 W 41st Street (212) 381-1170 (212) 957-5050 (212) 777-4141

BarDough* Brazil Grill* Carve Unique Sandwiches Take-out/Delivery/Outdoor Outdoor Dining Take-out only 350 W 46th Street 787 8th Avenue 780 8th Avenue (917) 262-0543 (646) 609-6057 (212) 730-4949

Bareburger* Buca di Beppo Chef Pho & Peking Roast Duck Take-out/Delivery/Outdoor Take-out & Delivery Take-out & Delivery 366 W 46th Street 1540 Broadway 858 8th Avenue (212) 673-2273 (212) 764-6527 (212) 459-3610

Ben & Jerry’s* Burger Bliss Chick-fl-A Take-out & Outdoor Dining Take-out & Delivery Take-out & Delivery 200 W 44th Street 256 W 52nd Street 675 8th Avenue (212) 933-4632 (917) 284-5578 (718) 504-6528 TIMES SQUARE | DECEMBER 2020 KEY INDICATORS Restaurants & Eateries Open for Take-Out, Delivery, or Outdoor Dining *Outdoor dining locations marked with asterisk

China Gourmet Da Marino Donna Bell’s Bake Shop Take-out & Delivery Take-out & Delivery Take-out only 877 8th Avenue 220 W 49th Street 301 W 49th Street (212) 246-8191 (212) 541-6601 (646) 410-0390

China River NYC Deacon Brodie’s Tavern* Dunhill Cafe Take-out & Delivery Outdoor Dining Take-out & Delivery 260 W 44th Street 370 W 46th Street 109 W 45th Street (646) 767-0854 (212) 262-1452 (212) 944-8484

Chipotle Dig Inn Dunkin’ Take-out & Delivery Take-out only Take-out only 854 8th Avenue 856 8th Avenue 210 W 50th Street (212) 757-4312 (212) 335-2106 (212) 757-4617

COOK* Dim Sum Palace* Dunkin’ Take-out/Delivery/Outdoor Take-out/Delivery/Outdoor Take-out only 115 W 45th Street 334 W 46th Street 750 8th Avenue (646) 861-1910 (212) 944-1009

Connolly’s Pub & Restaurant* Ding BBQ & Hotpot Dunkin’ Take-out/Delivery/Outdoor Take-out & Delivery Take-out & Delivery 121 W 45th Street 234 W 48th Street 850 8th Avenue (212) 597-5126 (212) 265-0828 (212) 245-8444

Cosmic Diner* Domino’s Pizza Dunkin’ Take-out/Delivery/Outdoor Take-out & Delivery Take-out & Delivery 888 8th Avenue 227 W 40th Street 168 W 48th Street (212) 333-5888 (212) 944-0400 (646) 682-7743

Curry India Dos Caminos* EAK Ramen* Take-out & Delivery Take-out & Outdoor Dining Take-out/Delivery/Outdoor 148 W 49th Street 1567 Broadway 360 W 46th Street (212) 302-8150 (212) 918-1330 (646) 850-8032

Dallas BBQ Don’t Tell Mama* Europan Cafe* Take-out & Delivery Outdoor Dining Take-out & Outdoor Dining 243 W 42nd Street 343 W 46th Street 672 8th Avenue (212) 221-9000 (212) 757-0788 (212) 730-4442 TIMES SQUARE | DECEMBER 2020 KEY INDICATORS Restaurants & Eateries Open for Take-Out, Delivery, or Outdoor Dining *Outdoor dining locations marked with asterisk

Famous Amadeus Pizza Green Emporium Ho Ho Te* Take-out & Delivery Take-out only Take-out/Delivery/Outdoor 840 8th Avenue 791 8th Avenue 805 8th Avenue (212) 489-6187 (212) 245-7270 (212) 381-4933

Famous Famiglia Pizza Gregorys Coffee Hold Fast* Take-out & Delivery Take-out only Take-out & Outdoor Dining 680 8th Avenue 762 7th Avenue 364 W 46th Street (212) 382-3030 (646) 682-9968 (917) 261-6691

Five Guys Ground Central Coffee* The House of Brews* Take-out & Delivery Take-out & Outdoor Dining Take-out & Outdoor Dining 253 W 42nd Street 888 8th Avenue 363 W 46th Street (212) 398-2600 (917) 409-0147 (212) 245-0551

Food Emporium* Hale & Hearty Hurley’s Saloon* Take-out & Outdoor Dining Take-out only Outdoor Dining 810 8th Avenue 745 7th Avenue 232 W 48th Street (212) 977-1710 (212) 221-9666 (212) 765-8981

Frankie & Johnnie’s 46th Street* Haru Sushi* Ichiran Take-out/Delivery/Outdoor Take-out & Outdoor Dining Take-out & Delivery 320 W 46th Street 229 W 43rd Street 152 W 49th Street (212) 997-9494 (212) 398-9810 (646) 964-4294

Gallagher’s Steakhouse Haswell Green’s* Jasmine’s Carribbean Cuisine Take-out & Delivery Take-out/Delivery/Outdoor Take-out & Delivery 228 W 52nd Street 240 W 52nd Street 371 W 46th Street (212) 586-5000 (212) 245-2801 (646) 964-5337

Godiva Chocolatier Havana Central* Joe Allen* Take-out only Take-out/Delivery/Outdoor Take-out/Delivery/Outdoor 745 7th Avenue 151 W 46th Street 326 W 46th Street (212) 921-2193 (212) 398-7440 (212) 581-6464

Gong Cha HAVEN Rooftop* Junzi Kitchen Take-out & Delivery Take-out/Delivery/Outdoor Take-out & Delivery 1600 Broadway 132 W 47th Street 135 W 41st Street (212) 659-2513 (212) 466-9000 (646) 669-8228 TIMES SQUARE | DECEMBER 2020 KEY INDICATORS Restaurants & Eateries Open for Take-Out, Delivery, or Outdoor Dining *Outdoor dining locations marked with asterisk

Just Salad Little Italy Pizza* Melt Shop Take-out & Delivery Take-out/Delivery/Outdoor Take-out & Delivery 321 W 49th Street 167 W 48th Street 877 8th Avenue (866) 673-3757 (646) 360-2343 (646) 781-8400

Krispy Kreme Los Tacos No. 1* Mia’s Brooklyn Bakery Take-out only Take-out & Outdoor Dining Take-out only 1601 Broadway 229 W 43rd Street 716 7th Avenue (646) 540-1153 (212) 256-0343 (917) 261-4437

Kung Fu Little Steamed Majestic Delicatessen Cafe* Modern Tea Shop* Buns Ramen Take-out & Outdoor Dining Take-out/Delivery/Outdoor Take-out & Delivery 200 W 50th Street 300 W 49th Street 811 8th Avenue (212) 581-8249 (646) 850-1333 (917) 388-2555 Margon* Natsumi* La Masseria* Take-out/Delivery/Outdoor Outdoor Dining Take-out/Delivery/Outdoor 136 W 56th Street 226 W 50th Street 235 W 48th Street (212) 354-5013 (212) 258-2988 (212) 582-2111 Masseria Caffe and Bakery* Olive Garden Lattanzi Restaurant* Take-out/Delivery/Outdoor Take-out & Delivery Take-out/Delivery/Outdoor 235 W 48th Street 2 Times Square 361 W 46th Street (212) 969-0900 (212) 333-3254 (212) 315-0980 McDonald’s Ootoya Le Marais* Take-out only Take-out & Delivery Take-out/Delivery/Outdoor 688 8th Avenue 141 W 41st Street 150 W 46th Street (212) 221-3864 (212) 704-0833 (212) 869-0900 McDonald’s Orso* Le Rivage* Take-out only Take-out & Outdoor Dining Outdoor Dining 1530 Broadway 322 W 46th Street 340 W 46th Street (917) 409-5946 (212) 489-7212 (212) 765-7374 McHale’s* The Palm* The Little Beet Take-out/Delivery/Outdoor Take-out/Delivery/Outdoor Take-out & Delivery 251 W 51st Street 250 W 50th Street 135 W 50th Street (212) 957-5138 (212) 333-7256 (212) 459-2338 TIMES SQUARE | DECEMBER 2020 KEY INDICATORS Restaurants & Eateries Open for Take-Out, Delivery, or Outdoor Dining *Outdoor dining locations marked with asterisk

Pasta Lover’s Trattoria* Pret a Manger Red Moon Take-out/Delivery/Outdoor Take-out & Delivery Take-out & Delivery 142 W 49th Street 825 8th Avenue 132 W 45th Street (212) 819-1155 (212) 459-8971 (212) 391-6666

Patzeria Pizza* Prime Catch 46* Red Poke Take-out & Outdoor Dining Outdoor Dining Take-out & Delivery 231 W 46th Street 140 W 46th Street 885 8th Avenue (212) 575-7646 (646) 649-2288 (212) 245-2111

Paul’s on Times Square Princi Bakery The Ritz Bar & Lounge* Take-out & Delivery Take-out only Take-out/Delivery/Outdoor 136 W 42nd Street 1633 Broadway 369 W 46th Street (212) 204-7246 (212) 247-2527 (212) 977-3884

Pig N’ Whistle* P.S. Kitchen* Russian Samovar* Outdoor Dining Take-out/Delivery/Outdoor Take-out/Delivery/Outdoor 144 W 46th Street 246 W 48th Street 256 W 52nd Street (917) 639-3864 (212) 651-7247 (212) 757-0168

Planet Hollywood Pure Ktchn* Russian Vodka Room* Take-out & Delivery Take-out/Delivery/Outdoor Take-out/Delivery/Outdoor 1540 Broadway 352 W 46th Street 265 W 52nd Street (212) 333-7827 (646) 755-8502 (212) 307-5835

Poke Bowl* Radio City Pizza* Ruth’s Chris Steak House* Take-out/Delivery/Outdoor Take-out/Delivery/Outdoor Take-out & Outdoor Dining 840 8th Avenue 142 W 49th Street 148 W 51st Street (917) 261-5581 (646) 892-9708 (212) 245-9600

Pongsri Thai Restaurant* Ray’s Famous Pizza* SAAR Indian Bistro* Take-out/Delivery/Outdoor Take-out/Delivery/Outdoor Take-out/Delivery/Outdoor 244 W 48th Street 736 7th Avenue 241 W 51st Street (212) 582-3392 (212) 956-7297 (646) 609-2142

Port Gourmet Deli Red Lobster Sake Bar Hagi 46* Take-out & Delivery Take-out & Delivery Take-out/Delivery/Outdoor 681 8th Avenue 5 Times Square 358 W 46th Street (212) 245-2362 (212) 730-6706 (212) 956-2429 TIMES SQUARE | DECEMBER 2020 KEY INDICATORS Restaurants & Eateries Open for Take-Out, Delivery, or Outdoor Dining *Outdoor dining locations marked with asterisk

Schnippers* Starbucks Subway* Take-out/Delivery/Outdoor Take-out only Take-out & Outdoor Dining 620 8th Avenue 750 7th Avenue 214 W 50th Street (212) 921-2400 (212) 974-0032 (212) 265-1822

Serafna at the Time Hotel* Starbucks Sushi of Gari 46 Take-out/Delivery/Outdoor Take-out & Delivery Take-out & Delivery 224 W 49th Street 770 8th Avenue 347 W 46th Street (212) 247-1000 (212) 830-9001 (212) 957-0046

Shake Shack Starbucks Sushi Lab* Take-out & Delivery Take-out only Take-out/Delivery/Outdoor 691 8th Avenue 871 8th Avenue 132 W 47th Street (646) 435-0135 (212) 246-7699 (212) 432-0000

Silky Kitchen Starbucks Swing 46 Jazz & Supper Club* Take-out & Delivery Take-out & Delivery Outdoor Dining 134 W 46th Street 1500 Broadway 349 W 46th Street (646) 360-3442 (212) 221-7515 (212) 262-9554

SoHo Park Starbucks T45 Restaurant Take-out & Delivery Take-out & Delivery Take-out only 832 8th Avenue 1585 Broadway 135 W 45th Street (917) 543-4557 (212) 541-7515 (646) 364-1234

Sombrero* Starbucks Taco Bell Cantina Take-out & Outdoor Dining Take-out only Take-out & Delivery 303 W 48th Street 825 8th Avenue 840 8th Avenue (212) 586-4853 (212) 307-1421 (332) 877-3855

Starbucks Starbucks Cafe/Library Bar Tender Steak & Sushi Take-out only Take-out only Take-out & Delivery 104 W 43rd Street 811 7th Avenue 132 W 47th Street (212) 382-2205 (212) 581-1000 (212) 514-6000

Starbucks Star Lite Deli* Times Deli Cafe Take-out only Take-out & Outdoor Dining Take-out only 325 W 49th Street 212 W 44th Street 158 W 44th Street (212) 765-3917 (212) 840-1859 (212) 944-1234 TIMES SQUARE | DECEMBER 2020 KEY INDICATORS Restaurants & Eateries Open for Take-Out, Delivery, or Outdoor Dining *Outdoor dining locations marked with asterisk

Times Eatery* Val Cafe* Take-out & Outdoor Dining Take-out & Outdoor 680 8th Avenue 168 W 46th Street (646) 386-7787 (212) 840-4050

Times Square Diner & Grill* Wolfgang’s Steakhouse* Take-out & Outdoor Dining Take-out & Outdoor Dining 807 8th Avenue 250 W 41st Street (212) 315-2400 (212) 921-3720

Tito Murphy’s* XOXO NYC Bar* Take-out/Delivery/Outdoor Outdoor Dining 346 W 46th Street 334 W 46th Street (212) 245-2030 (212) 957-8358

Toasties Yuri Sushi Take-out & Delivery Take-out & Delivery 148 W 49th Street 374 W 46th Street (212) 398-4900 (212) 265-5686

Toloache* Zaman Mediterranean Grill Take-out & Outdoor Dining Take-out & Delivery 251 W 50th Street 681 8th Avenue (212) 581-1818 (646) 791-0103

Trattoria Trecolori Z Grill* Take-out & Delivery Take-out & Outdoor Dining 254 W 47th Street 803 8th Avenue (212) 997-4540 (212) 315-1659

TSQ Brasserie* 7-Eleven Outdoor Dining Take-out only 723 7th Avenue 881 8th Avenue (212) 247-9379 Uncle Tetsu’s Japanese Cheesecake .99 Pizza Express Take-out only Take-out & Delivery 135 W 41st Street 303 W 43rd Street (646) 922-8246 (212) 315-5257