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106,762 26.0% 5 Businesses 1,872 TIMES SQUARE | NOVEMBER 2020 KEY INDICATORS November By the Numbers Monthly Key Economic Indicators 5 businesses Re-opened from COVID-19 closures in Times Square 26.0% Hotel occupancy during October in Times Square 106,762 Average Daily Visitors to Times Square 1,872 Photo credit: Gothamist, CS Muncy Thousand watched from Times Square as Total SF Leased in Times Square ballots poured in for the Presidential Election. Average Daily Visitors Pedestrian Count November brought on average 106,762 pedestrians per day to AVERAGE DAILY 2020 PEDESTRIAN COUNT Times Square, a 68.4% decline 2019 from 2019 but on par with last 450,000 month. 400,000 366,695 337,864 The past three months, Times 350,000 Square’s pedestrian counts have 300,000 steadily exceeded daily averages 250,000 over 100,000. 200,000 150,000 Foot traffc peaked on November 107,598 106,762 7th, the day of the Presidental 100,000 Election result announcement, at 50,000 189,751 people. This marks 0 OCTOBER NOVEMBER the highest daily count since Source: Springboard March. TIMES SQUARE | NOVEMBER 2020 KEY INDICATORS Commercial Real Estate Class A In November, Times Square’s occu- pancy rate remained consis- XXXXXXOCCUPANCY RATE/ XXXXTIMES SQUARE PRICE PER SQUARE FOOT XXXXMIDTOWN tent with September and October CLASS A PRICE PER SF at 92.5%. Midtown’s occupancy 95% rate remained unchanged from pre- $64 $65 vious months at 89.5%. 93% $65 $68 TImes Square’s net effective rent re- 91% mained unchanged from last month $74 $73 $73 $74 due to minimal leasing activity. 89% Midtown’s effective rent increased slightly from October. 87% 85% AUGUST SEPTEMBER OCTOBER NOVEMBER Source: CoStar, CompStak. Times Square fgures include properties within the BID boundaries. Midtown 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. XXXXXX XXXX XXXX Hotels Rates & Occupancy In October, Times Square’s hotel occupancy rate increased from HOTEL OCCUPANCY + OCCUPANCY AVERAGE DAILY RATE September to 26.0%, a 68% AVERAGE DAILY RATE decline from 2019. Midtown and $314 100% $294 Manhattan had occupancy rates of 30.4% and 29.4% respectively, slight increases from September but down 61% and 62% from 70% 2019. In October, Times Square’s av- erage daily rate was $130, a 40% 14.1% decline from September. $130 Midtown’s average daily rate declined 4.0% from September 10% to $132, while Manhattan’s re- 2018 2019 2020 Source: Smith Travel Research. All fgures are based on representative samples of hotels within respective mained unchanged at $153. boundaries. Please note that hotel fgures are based on the month prior to the reporting month. TIMES SQUARE | NOVEMBER 2020 KEY INDICATORS Restaurants & Eateries Open for Take-Out, Delivery, Outdoor or Indoor Dining *Outdoor & indoor dining locations marked with asterisk Aldo Sohm Wine Bar* Blue Dog Kitchen* BV Burger* Indoor Dining Take-out/Outdoor/Indoor Take-out & Outdoor Dining 151 W 51st Street 308 W 50th Street 120 W 45th Street (212) 554-1143 (212) 459-0700 (212) 575-5413 An’nam* Bluestone Lane BXL Cafe* Outdoor & Indoor Dining Take-out & Delivery Take-out/Outdoor/Indoor 234 W 48th Street 11 Times Square 125 W 43rd Street (212) 247-8318 (718) 374-6858 (212) 768-0200 Arno Ristorante* Blockheads* Bubba Gump Shrimp Co.* Take-out/Delivery/Outdoor Take-out/Delivery/Outdoor Take-out/Delivery/Indoor 141 W 48th Street 825 8th Avenue 1501 Broadway (212) 944-7420 (212) 307-7029 (212) 391-7100 Aureole Bobby Van’s Grill* Cafe Abbondanza Take-out & Delivery Take-out/Outdoor/Indoor Take-out only 135 W 42nd Street 120 W 45th Street 146 W 46th Street (212) 381-1170 (212) 575-5413 (212) 938-1333 BarDough* Bobby Van’s Steakhouse* Carnegie’s Pizza* Take-out/Delivery/Outdoor Take-out/Delivery/Indoor Take-out/Delivery/Indoor 350 W 46th Street 135 W 50th Street 200 W 41st Street (917) 262-0543 (212) 957-5050 (212) 777-4141 Bareburger* Brazil Grill* Carve Unique Sandwiches* Take-out/Delivery/Outdoor/Indoor Outdoor Dining Take-out/Outdoor/Indoor 366 W 46th Street 787 8th Avenue 780 8th Avenue (212) 673-2273 (646) 609-6057 (212) 730-4949 Ben & Jerry’s* Buca di Beppo Chef Pho & Peking Roast Duck Take-out & Outdoor Dining Take-out & Delivery Take-out & Delivery 200 W 44th Street 1540 Broadway 858 8th Avenue (212) 933-4632 (212) 764-6527 (212) 459-3610 Bibble & Sip* Burger Bliss China Gourmet* Take-out/Delivery/Indoor Take-out & Delivery Take-out/Delivery/Indoor 253 W 51st Street 256 W 52nd Street 877 8th Avenue (646) 649-5116 (917) 284-5578 (212) 246-8191 TIMES SQUARE | NOVEMBER 2020 KEY INDICATORS Restaurants & Eateries Open for Take-Out, Delivery, Outdoor or Indoor Dining *Outdoor & indoor dining locations marked with asterisk China River NYC Daniela’s Trattoria* Donna Bell’s Bake Shop Take-out & Delivery Outdoor & Indoor Dining Take-out & Delivery 260 W 44th Street 728 8th Avenue 301 W 49th Street (646) 767-0854 (212) 869-3585 (646) 410-0390 Chipotle Deacon Brodie’s Tavern* Dunhill Cafe Take-out & Delivery Outdoor Dining Take-out & Delivery 854 8th Avenue 370 W 46th Street 109 W 45th Street (212) 757-4312 (212) 262-1452 (212) 944-8484 COOK Dig Inn EAK Ramen* Take-out & Delivery Take-out only Take-out/Outdoor/Indoor 115 W 45th Street 856 8th Avenue 360 W 46th Street (212) 335-2106 (646) 850-8032 Connolly’s Pub & Restaurant* Dim Sum Palace* Ellen’s Stardust Diner* Take-out/Delivery/Outdoor Take-out/Delivery/Indoor Indoor Dining 121 W 45th Street 334 W 46th Street 1650 Broadway (212) 597-5126 (646) 861-1910 (212) 956-5151 Cosmic Diner* Ding BBQ & Hotpot* Europan Cafe* Take-out/Delivery/Outdoor Take-out/Delivery/Indoor Take-out/Outdoor/Indoor 888 8th Avenue 234 W 48th Street 672 8th Avenue (212) 333-5888 (212) 265-0828 (212) 730-4442 Curry India* Domino’s Pizza Famous Amadeus Pizza* Indoor Dining Take-out & Delivery Take-out/Delivery/Indoor 148 W 49th Street 227 W 40th Street 840 8th Avenue (212) 302-8150 (212) 944-0400 (212) 489-6187 Dallas BBQ* Dos Caminos* Famous Famiglia Pizza* Take-out/Delivery/Outdoor/Indoor Take-out/Outdoor/Indoor Take-out/Delivery/Indoor 243 W 42nd Street 1567 Broadway 680 8th Avenue (212) 221-9000 (212) 918-1330 (212) 382-3030 Da Marino Don’t Tell Mama* Five Guys* Take-out & Delivery Outdoor/Indoor Dining Take-out/Delivery/Outdoor/Indoor 220 W 49th Street 343 W 46th Street 253 W 42nd Street (212) 541-6601 (212) 757-0788 (212) 398-2600 TIMES SQUARE | NOVEMBER 2020 KEY INDICATORS Restaurants & Eateries Open for Take-Out, Delivery, Outdoor or Indoor Dining *Outdoor & indoor dining locations marked with asterisk Food Emporium* Havana Central* Junzi Kitchen Take-out/Delivery/Indoor Take-out/Delivery/Outdoor/Indoor Take-out & Delivery 810 8th Avenue 151 W 46th Street 135 W 41st Street (212) 977-1710 (212) 398-7440 (646) 669-8228 Frankie & Johnnie’s 46th Street* HAVEN Rooftop* Just Salad Take-out/Delivery/Outdoor Take-out/Delivery/Outdoor Take-out & Delivery 320 W 46th Street 132 W 47th Street 321 W 49th Street (212) 997-9494 (212) 466-9000 (866) 673-3757 Gallagher’s Steakhouse* Ho Ho Te* Krispy Kreme Take-out/Delivery/Indoor Take-out/Delivery/Outdoor *New business, Take-out 228 W 52nd Street 805 8th Avenue 1601 Broadway (212) 586-5000 (212) 381-4933 (646) 540-1153 Gong Cha Hold Fast* Kung Fu Little Steamed Take-out & Delivery Take-out/Outdoor/Indoor Buns Ramen 1600 Broadway 364 W 46th Street Take-out & Delivery (212) 659-2513 (917) 261-6691 811 8th Avenue (917) 388-2555 Green Emporium The House of Brews* Take-out only Take-out/Outdoor/Indoor La Masseria* 791 8th Avenue 363 W 46th Street Take-out/Delivery/Outdoor/Indoor (212) 245-7270 (212) 245-0551 235 W 48th Street (212) 582-2111 Ground Central Coffee* Hurley’s Saloon* Take-out & Outdoor Dining Outdoor & Indoor Dining Latitude Bar & Grill* 888 8th Avenue 232 W 48th Street Outdoor & Indoor Dining (917) 409-0147 (212) 765-8981 783 8th Avenue (212) 245-3034 Haru Sushi* Joe Allen* Take-out/Delivery/Outdoor Take-out/Delivery/Outdoor/Indoor Lattanzi Restaurant* 229 W 43rd Street 326 W 46th Street Take-out/Delivery/Outdoor (212) 398-9810 (212) 581-6464 361 W 46th Street (212) 315-0980 Haswell Green’s* John’s of Times Square Take-out/Delivery/Outdoor/Indoor Take-out & Indoor Dining Le Bernardini* 240 W 52nd Street 260 W 44th Street Indoor Dining (212) 245-2801 (212) 391-7560 155 W 51st Street (212) 554-1515 TIMES SQUARE | NOVEMBER 2020 KEY INDICATORS Restaurants & Eateries Open for Take-Out, Delivery, Outdoor or Indoor Dining *Outdoor & indoor dining locations marked with asterisk Le Marais* McDonald’s Nisi* Take-out/Delivery/Outdoor Take-out only Outdoor & Indoor Dining 150 W 46th Street 688 8th Avenue 250 W 47th Street (212) 869-0900 (212) 221-3864 (646) 669-8103 Le Rivage* McDonald’s O’Brien’s Bar and Grill* Outdoor & Indoor Dining Take-out only Outdoor & Indoor Dining 340 W 46th Street 1530 Broadway 134 W 46th Street (212) 765-7374 (917) 409-5946 (212) 391-1516 Lillie’s Victorian Establishment* McHale’s* Olive Garden* Indoor Dining Take-out/Delivery/Outdoor/Indoor Take-out/Delivery/Indoor 249 W 49th Street 251 W 51st Street 2 Times Square (212) 957-4530 (212) 957-5138 (212) 333-3254 The Little Beet* The Mean Fiddler* Ootoya Take-out/Delivery/Indoor Outdoor Dining Takeout, Indoor Dining 135 W 50th Street 266 W 47th Street 141 W 41st Street (212) 459-2338 (212) 354-2950 (212) 704-0833 Little Italy Pizza* Melt Shop* The Palm* Take-out/Delivery/Outdoor/Indoor Take-out/Delivery/Indoor Take-out/Delivery/Outdoor/Indoor 167 W 48th Street 877 8th Avenue 250 W 50th Street (646) 360-2343 (646) 781-8400 (212) 333-7256 Los Tacos No.
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