M&M’s Times Square Flagship Sells for Over $190M
Paramount Group and an unnamed partner have agreed to purchase the 3-story, approximately 25,000-square-foot retail condominium at 1600 Broadway. The pending sale by Sherwood Equities attracted a price of more than $190 million, or about $7,600 per square foot. The retail unit is currently home to M&M’s World under a lease extending into 2036.
Source: https://therealdeal.com/2021/12/14/retail-space-at-1600-broadway-home-to-mms-world-sells-for-190m/