Small retail tenants in the heart of Times Square earn as much at $6,000 to $8,000 per square foot in annual sales, a top executive with the landlord Vornado Realty Trust said on an earnings call today. That figure was higher than several retail insiders believed was possible for a typically sized Times Square store of several thousand square feet, when they were asked by The Real Deal about the Vornado figures. David Greenbaum, president of [more]
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