TIMES SQUARE | APRIL 2021 KEY INDICATORS April By the Numbers Monthly Key Economic Indicators

55% of storefront businesses open in Times Square

35.4% Hotel occupancy in March

133,778 Average Daily Visitors to Times Square

116,992 Community First Wellness Fair on Duffy Square, April 30th Total SF Leased in Times Square

Average Daily Visitors Pedestrian Count

In April, pedestrian counts con- tinued to rise with a daily aver- AVERAGE DAILY 2021 age of 133,778 people, an PEDESTRIAN COUNT 2020 2019 increase of 21% from last month 450,000 and 302% from April 2020 when 400,000 Times Square had its lowest foot 375,224 336,957 traffc to date. Compared to April 350,000 2019, this month’s pedestrian 300,000 counts declined 64%, mean- 250,000 ing Times Square saw over a 200,000 169,559 third of the foot traffc from a 150,000 133,778 typical year in April 2021. 110,853 100,000 This month, foot traffc peak- 50,000 33,320 ed on Saturday, April 24th at 0 MARCH APRIL 185,206 people. Source: Springboard

TIMES SQUARE | APRIL 2021 KEY INDICATORS Commercial Real Estate Class A

Times Square’s Class A commercial occupancy rate in April dropped XXXXXXOCCUPANCY RATE/ XXXXTIMES SQUARE PRICE PER SQUARE FOOT XXXXMIDTOWN 0.4% from last month to 90.8%. CLASS A PRICE PER SF Midtown experienced the same de- 95% cline, closing the month at 86.8%.

93%

Times Square’s net effective rent $63 $64 $61 increased marginally from March $62 to $62 per square foot, while 91% Midtown’s remained unchanged at $68. 89% $71 $69 $68 April leasing activity totaled $68 87% 116,992 SF across three leas- es. One major lease, Schrodinger 85% at 1540 Broadway for 108,840 JANUARY FEBRUARY MARCH APRIL SF, accounted for 93% of total 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- square footage leased. gy for reporting commercial rents to be a six-month moving average of net effective rent. XXXXXX XXXX XXXX Hotels Rates & Occupancy

Times Square’s March hotel occupancy of 35.4% increased HOTEL OCCUPANCY + OCCUPANCY AVERAGE DAILY RATE slightly over February’s and ex- AVERAGE DAILY RATE ceeded March 2020’s occupancy 100% of 32.7%. While monthly occu- $218 pancy remains low, the week of March 28th had an occupancy of 45.3%, the highest in over a year. 70% Midtown and Manhattan month- ly occupancy exceeded Times Square’s at 40.5% and 38.9% 40% $129 respectively. $181

Times Square’s average daily rate in March was $129, on par 10% with February but down 29% from 2019 2020 2021 Source: Smith Travel Research. All fgures are based on representative samples of hotels within respective 2020. Midtown and Manhattan boundaries. Please note that hotel fgures are based on the month prior to the reporting month. had daily rates of $126 and $151 respectively. TIMES SQUARE | APRIL 2021 KEY INDICATORS Retail Update Opened & Coming Soon

OPENINGS

W 53rd St COMING SOON Angelina Bakery

W 52rd St Food + Beverage

Retail W 51st St Entertainment

Other W 50th St

W 49th St Burger Man This month, Taco

W 48th St Bell opened its second Times Square district location at W 47th St 1501 Broadway. In coming months, we Chai are anticipating the W 46th St opening of 10 new storefront busi- nesses. W 45th St

Running Subway Productions W 44th St Taco Bell Jollibee

W 43rd St 7-Eleven

Smashburger Just Baked W 42nd St Club Nebula

Shake Shack

W 41st St ve

A Broadway 6th 8th Ave 7th Ave

W 40th St TIMES SQUARE | APRIL 2021 KEY INDICATORS Restaurants & Eateries Open for Take-Out, Delivery, Outdoor or Indoor Dining *Outdoor & indoor dining locations marked with asterisk

Aldo Sohm Wine Bar Becco* Burger Bliss Indoor Dining Indoor & Outdoor Dining Take-out & Delivery 151 W 51st Street 355 W 46th Street 256 W 52nd Street (212) 554-1143 (212) 397-7597 (917) 284-5578

Amorino Ben & Jerry’s* Cafe Abbondanza Take-out only Take-out & Outdoor Dining Take-out & Delivery 721 8th Avenue 200 W 44th Street 146 W 46th Street (212) 445-0101 (212) 933-4632 (212) 938-1333

Andy’s Deli & Natural Foods Bibble & Sip* Carnegie’s Pizza* Take-out only Take-out/Delivery/Outdoor Take-out/Delivery/Outdoor 270 W 47th Street 253 W 51st Street 200 W 41st Street (212) 869-0329 (646) 649-5116 (212) 777-4141

An’nam* Blockheads* Carve Unique Sandwiches* Take-out/Delivery/Outdoor/Indoor Take-out/Delivery/Outdoor Take-out & Indoor Dining 234 W 48th Street 825 8th Avenue 780 8th Avenue (212) 247-8318 (212) 307-7029 (212) 730-4949

Auntie Anne’s on Times Square Blue Dog Kitchen* Chef Pho & Peking Roast Duck Take-out only Take-out/Delivery/Outdoor/Indoor Take-out & Delivery 664 8th Avenue 308 W 50th Street 858 8th Avenue (212) 764-1562 (212) 459-0700 (212) 459-3610

Aureole Bluestone Lane Chick-fl-A Take-out & Indoor Dining Take-out & Delivery Take-out & Delivery 135 W 42nd Street 11 Times Square 675 8th Avenue (212) 381-1170 (718) 374-6858 (718) 504-6528

BarDough* Bubba Gump Shrimp Co.* China Gourmet Take-out/Delivery/Outdoor/Indoor Take-out/Indoor Dining Take-out & Delivery 350 W 46th Street 1501 Broadway 877 8th Avenue (917) 262-0543 (212) 391-7100 (212) 246-8191

Bareburger* Buca di Beppo China River NYC* Take-out/Delivery/Outdoor/Indoor Take-out & Delivery Take-out/Delivery/Indoor 366 W 46th Street 1540 Broadway 260 W 44th Street (212) 673-2273 (212) 764-6527 (646) 767-0854 TIMES SQUARE | APRIL 2021 KEY INDICATORS Restaurants & Eateries Open for Take-Out, Delivery, Outdoor or Indoor Dining *Outdoor & indoor dining locations marked with asterisk

Chipotle Deacon Brodie’s Tavern* Dunkin’ Take-out & Delivery Outdoor & Indoor Dining Take-out & Delivery 854 8th Avenue 370 W 46th Street 168 W 48th Street (212) 757-4312 (212) 262-1452 (646) 682-7743

COOK Eatery* Dim Sum Palace* Dunkin’ Take-out/Delivery/Outdoor/Indoor Take-out/Delivery/Outdoor/Indoor Take-out & Delivery 115 W 45th Street 334 W 46th Street 150 W 47th Street (646) 861-1910 (800) 447-0013

Connolly’s Pub & Restaurant* Ding BBQ & Hotpot* EAK Ramen* Take-out/Delivery/Outdoor/Indoor Take-out/Delivery/Indoor Take-out/Delivery/Outdoor/Indoor 121 W 45th Street 234 W 48th Street 360 W 46th Street (212) 597-5126 (212) 265-0828 (646) 850-8032

Cosmic Diner* Domino’s Pizza Europan Cafe* Take-out/Delivery/Outdoor/Indoor Take-out & Delivery Take-out/Delivery/Outdoor/Indoor 888 8th Avenue 227 W 40th Street 672 8th Avenue (212) 333-5888 (212) 944-0400 (212) 730-4442

The Counter Burger* Dos Caminos* Famous Amadeus Pizza Take-out/Delivery/Indoor Take-out/Outdoor/Indoor Take-out & Delivery 1451 Broadway 1567 Broadway 840 8th Avenue (646) 669-8216 (212) 918-1330 (212) 489-6187

Curry India* Dunhill Cafe* Famous Famiglia Pizza* Take-out/Delivery/Indoor Take-out/Delivery/Indoor Take-out/Delivery/Indoor 148 W 49th Street 109 W 45th Street 680 8th Avenue (917) 261-4902 (212) 944-8484 (212) 382-3030

Dallas BBQ* Dunkin’ Fashion at the RIU Hotel* Take-out/Delivery/Outdoor/Indoor Take-out only Outdoor & Indoor Dining 243 W 42nd Street 750 8th Avenue 305 W 46th Street (212) 221-9000 (212) 944-1009 (646) 864-1100

Dave & Buster’s* Dunkin’ Five Guys Take-out/Delivery/Indoor Take-out & Delivery Take-out & Delivery 234 W 42nd Street 850 8th Avenue 253 W 42nd Street (646) 495-2015 (212) 245-8444 (212) 398-2600 TIMES SQUARE | APRIL 2021 KEY INDICATORS Restaurants & Eateries Open for Take-Out, Delivery, Outdoor or Indoor Dining *Outdoor & indoor dining locations marked with asterisk

Food Emporium* Haswell Green’s* Jasmine’s Carribbean Cuisine* Take-out & Outdoor Dining Take-out/Delivery/Outdoor/Indoor Take-out/Delivery/Indoor 810 8th Avenue 240 W 52nd Street 371 W 46th Street (212) 977-1710 (212) 245-2801 (646) 964-5337

Gallagher’s Steakhouse* Havana Central* Junzi Kitchen Take-out/Delivery/Indoor Take-out/Delivery/Outdoor/Indoor Take-out & Delivery 228 W 52nd Street 151 W 46th Street 135 W 41st Street (212) 586-5000 (212) 398-7440 (646) 669-8228

Gong Cha HAVEN Rooftop* Just Salad Take-out & Delivery Take-out/Delivery/Outdoor/Indoor Take-out & Delivery 1600 Broadway 132 W 47th Street 321 W 49th Street (212) 659-2513 (212) 466-9000 (866) 673-3757

Green Emporium* Ho Ho Te* Krispy Kreme Take-out & Indoor Dining Take-out/Delivery/Outdoor Take-out only 791 8th Avenue 805 8th Avenue 1601 Broadway (212) 245-7270 (212) 381-4933 (646) 540-1153

Gregorys Coffee* Hold Fast* Kung Fu Little Steamed Buns Take-out & Outdoor Dining Take-out/Outdoor/Indoor Take-out & Delivery 762 7th Avenue 364 W 46th Street 811 8th Avenue (646) 682-9968 (917) 261-6691 (917) 388-2555

Ground Central Coffee* The House of Brews* La Masseria* Take-out & Outdoor Dining Outdoor & Indoor Dining Take-out/Delivery/Outdoor/Indoor 888 8th Avenue 363 W 46th Street 235 W 48th Street (917) 409-0147 (212) 245-0551 (212) 582-2111

Hale & Hearty Hurley’s Saloon* Lattanzi Restaurant* Take-out only Take-out/Delivery/Outdoor/Indoor Take-out/Delivery/Outdoor 745 7th Avenue 232 W 48th Street 361 W 46th Street (212) 221-9666 (212) 765-8981 (212) 315-0980

Haru Sushi* Ichiran* Le Marais* Take-out/Outdoor/Indoor Take-out/Delivery/Outdoor/Indoor Take-out/Delivery/Outdoor/Indoor 229 W 43rd Street 152 W 49th Street 150 W 46th Street (212) 398-9810 (646) 964-4294 (212) 869-0900 TIMES SQUARE | APRIL 2021 KEY INDICATORS Restaurants & Eateries Open for Take-Out, Delivery, Outdoor or Indoor Dining *Outdoor & indoor dining locations marked with asterisk

The Little Beet* McDonald’s Olive Garden* Take-out/Delivery/Indoor Take-out only Take-out/Delivery/Indoor 135 W 50th Street 1651 Broadway 2 Times Square (212) 459-2338 (212) 586-5530 (212) 333-3254

Little Italy Pizza* McHale’s* Ootoya* Take-out/Delivery/Outdoor Take-out/Delivery/Outdoor/Indoor Take-out/Delivery/Indoor 167 W 48th Street 251 W 51st Street 141 W 41st Street (646) 360-2343 (212) 957-5138 (212) 704-0833

Los Tacos No. 1* The Mean Fiddler* Palm Restaurant* Take-out/Delivery/Outdoor Outdoor & Indoor Dining Take-out/Delivery/Indoor 229 W 43rd Street 266 W 47th Street 250 W 50th Street (212) 256-0343 (212) 354-2950 (212) 333-7256

Majestic Delicatessen Cafe* Melt Shop* Pasta Lover’s Trattoria* Take-out/Outdoor/Indoor Take-out & Indoor Dining Take-out/Delivery/Outdoor/Indoor 200 W 50th Street 877 8th Avenue 142 W 49th Street (212) 581-8249 (646) 781-8400 (212) 819-1155

Margon* Melt Shop Patzeria Pizza* Take-out/Delivery/Outdoor/Indoor Take-out only Take-out/Delivery/Outdoor/Indoor 136 W 56th Street 135 W 50th Street 231 W 46th Street (212) 354-5013 (212) 974-3423 (212) 575-7646

Masseria Caffe and Bakery* Mia’s Brooklyn Bakery Planet Hollywood Take-out/Delivery/Outdoor/Indoor Take-out only Take-out & Delivery 235 W 48th Street 716 7th Avenue 1540 Broadway (212) 969-0900 (917) 261-4437 (212) 333-7827

McDonald’s Modern Tea Shop* Playwright Celtic Pub* Take-out only Take-out/Delivery/Outdoor Take-out/Outdoor/Indoor 688 8th Avenue 300 W 49th Street 732 8th Avenue (212) 221-3864 (646) 850-1333 (212) 354-8404

McDonald’s O’Donoghue’s Pub & Restaurant* Playwright Tavern* Take-out only Take-out & Indoor Dining Take-out/Delivery/Outdoor/Indoor 1530 Broadway 156 W 44th Street 202 W 49th Street (917) 409-5946 (212) 997-2262 (212) 262-9229 TIMES SQUARE | APRIL 2021 KEY INDICATORS Restaurants & Eateries Open for Take-Out, Delivery, Outdoor or Indoor Dining *Outdoor & indoor dining locations marked with asterisk

Poke Bowl* Radio City Pizza* Ruth’s Chris Steak House* Take-out/Delivery/Outdoor Take-out/Delivery/Outdoor Take-out/Outdoor/Indoor 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 Take-out/Delivery/Outdoor/Indoor Take-out & Delivery 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/Indoor Take-out/Delivery/Outdoor/Indoor 681 8th Avenue 5 Times Square 358 W 46th Street (212) 245-2362 (212) 730-6706 (212) 956-2429

Pret a Manger Red Poke Schnipper’s Quality Kitchen* Take-out & Delivery Take-out & Delivery Take-out/Delivery/Outdoor/Indoor 825 8th Avenue 885 8th Avenue 620 8th Avenue (212) 459-8971 (212) 245-2111 (212) 921-2400

Prime Catch 46* Ritz Bar & Lounge* Serafna at the Time Hotel* Take-out/Delivery/Outdoor/Indoor Take-out/Delivery/Outdoor Take-out/Delivery/Outdoor/Indoor 140 W 46th Street 369 W 46th Street 224 W 49th Street (646) 649-2288 (212) 977-3884 (212) 247-1000

Prive Le Bernardin* Rosie O’Grady’s Midtown Shake Shack Indoor Dining Indoor Dining Take-out & Delivery 153 W 51st Street 800 7th Ave 691 8th Avenue (212) 554-1119 (212) 582-2975 (646) 435-0135

P.S. Kitchen* Russian Samovar* Silky Kitchen* Take-out/Delivery/Outdoor Take-out/Delivery/Indoor Take-out/Delivery/Indoor 246 W 48th Street 256 W 52nd Street 134 W 46th Street (212) 651-7247 (212) 757-0168 (646) 360-3442

Pure Ktchn* Russian Vodka Room* SoHo Park Take-out/Delivery/Outdoor/Indoor Take-out/Delivery/Outdoor/Indoor Take-out & Delivery 352 W 46th Street 265 W 52nd Street 832 8th Avenue (646) 755-8502 (212) 307-5835 (917) 543-4557 TIMES SQUARE | APRIL 2021 KEY INDICATORS Restaurants & Eateries Open for Take-Out, Delivery, Outdoor or Indoor Dining *Outdoor & indoor dining locations marked with asterisk

Sombrero* Starbucks Taco Bell Take-out/Delivery/Outdoor/Indoor Take-out only Take-out only 303 W 48th Street 825 8th Avenue 1501 Broadway (212) 586-4853 (212) 307-1421 (332) 213-5224

Starbucks Starbucks Taco Bell Cantina Take-out only Take-out only Take-out & Delivery 104 W 43rd Street 684 8th Avenue 840 8th Avenue (212) 382-2205 (212) 398-9702 (332) 877-3855

Starbucks Starbucks Tender Steak & Sushi Take-out only Take-out only Take-out & Delivery 325 W 49th Street 811 7th Avenue 132 W 47th Street (212) 765-3917 (212) 581-1000 (212) 514-6000

Starbucks Star Lite Deli* Times Deli Cafe Take-out only Take-out & Outdoor Dining Take-out only 750 7th Avenue 212 W 44th Street 158 W 44th Street (212) 974-0032 (212) 840-1859 (212) 944-1234

Starbucks Subway Times Eatery* Take-out & Delivery Take-out only Take-out/Outdoor/Indoor 770 8th Avenue 214 W 50th Street 680 8th Avenue (212) 830-9001 (212) 265-1822 (646) 386-7787

Starbucks Sushi of Gari 46 Times Square Diner & Grill* Take-out only Take-out & Delivery Take-out/Outdoor/Indoor 871 8th Avenue 347 W 46th Street 807 8th Avenue (212) 246-7699 (212) 957-0046 (212) 315-2400

Starbucks Sushi Lab* Tito Murphy’s* Take-out & Delivery Take-out/Delivery/Outdoor/Indoor Take-out/Delivery/Outdoor/Indoor 1500 Broadway 132 W 47th Street 346 W 46th Street (212) 221-7515 (212) 432-0000 (212) 245-2030

Starbucks Sushi Seki* Toasties Take-out & Delivery Take-out/Delivery/Outdoor/Indoor Take-out & Delivery 1585 Broadway 365 W 46th Street 148 W 49th Street (212) 541-7515 (212) 262-8880 (212) 398-4900 TIMES SQUARE | APRIL 2021 KEY INDICATORS Restaurants & Eateries Open for Take-Out, Delivery, Outdoor or Indoor Dining *Outdoor & indoor dining locations marked with asterisk

Toloache* Wolfgang’s Steakhouse* Take-out/Outdoor/Indoor Take-out/Outdoor/Indoor 251 W 50th Street 250 W 41st Street (212) 581-1818 (212) 921-3720

Tony’s DiNapoli* XOXO NYC Bar Take-out/Delivery/Indoor Take-out & Delivery 147 W 43rd Street 334 W 46th Street (212) 221-0100 (212) 957-8358

Trattoria Trecolori* Z Deli Pizzeria* Take-out/Delivery/Indoor Take-out/Delivery/Outdoor 254 W 47th Street 803 8th Avenue (212) 997-4540 (212) 315-1659

TSQ Brasserie* 7-Eleven Take-out/Delivery/Indoor Take-out only 723 7th Avenue 881 8th Avenue (212) 398-1118 (212) 247-9379

Uncle Tetsu’s Japanese 16 Handles Cheesecake Take-out/Delivery/Outdoor Take-out only 732 7th Ave 135 W 41st Street (646) 861-1912 (646) 922-8246 .99 Pizza Express Urbanspace W 52nd* Take-out & Delivery Take-out & Indoor Dining 303 W 43rd Street 152 W 52nd Street (212) 315-5257 (646) 415-8652

Val Cafe* Take-out & Outdoor Dining 168 W 46th Street (212) 840-4050

Victor’s Cafe* Take-out/Delivery/Indoor 236 W 52nd Street (212) 586-7714

Yuri Sushi Take-out & Delivery 374 W 46th Street (212) 265-5686