Asian toy companies — like Labubu maker — invading NYC's Times Square after recent departures

Impact · against what's priced in

Asian toy and novelty brands are filling vacant high-profile retail spaces in Times Square at premium rental rates, providing a positive catalyst for NYC landlords. The high rents achieved by VNO and SLG indicate strong demand for ultra-premium commercial real estate despite departures of Western brands.

VNO+0.50

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