Overview
- Both locations opened in 2019 and their closures leave New York City and Brooklyn as Time Out’s only U.S. markets.
- Time Out Market Boston filled 27,000 square feet at 401 Park with 15 eateries, two bars and a patio, creating a significant vacancy at the site.
- Vendors in Boston were told revenue fell about 20% last year, and an offer to hand operations to landlord Alexandria Real Estate Equities was declined.
- The Fulton Market hall in Chicago hosted a rotating roster of local vendors and events, with the company confirming the final day of service is Jan. 23.
- Time Out said its local media sites in Boston and Chicago will continue publishing, while international markets remain open and additional locations are listed as in development.