The pandemic delayed the sale of the retail space, which was put on the market in 2019 for $200 million
Paramount Group, a real estate investment trust company, and a partner agreed to pay more than $190 million for the retail space occupied by M&M’s World in Manhattan, theTuesday, in a sign of recovery in the retail sector that had been hit by
the pandemic.JournalThe pandemic delayed the sale of the retail space, which Sherwood Equities, owner and real estate developer, had put on the market inThe 25,000-square-foot M&M store at 1600 Broadway opened in 2006 and consists of three levels.
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