The restaurant featured an iconic lighted marquee outside its location on 42nd Street between Broadway and 8th Avenue.
The company said in a statement that the decision was made before the pandemic.
"McDonald's reviews its restaurant portfolio on a regular basis to make the best decisions for our business moving forward. The closing of the 42nd Times Square restaurant, which was planned before the pandemic, was a difficult decision, and allows us to focus on serving customers a few blocks away at the new flagship McDonald's on 45th and Broadway and in the neighboring communities."
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