The Real Deal New York

Times Square in flux

As office tenants depart, the city’s most iconic plaza finds itself at another crossroads

August 02, 2016 03:20PM
By Marynia Kruk

Times Square

Times Square

From the August issue: Times Square, the world’s most famous intersection, is no stranger to transformation. Over the past two decades, it’s gone from a porn hub to a Disneyfied tourist mecca. But there’s been another change in the works, one that is happening up high as opposed to on the ground.

Beginning with the high-profile departure of Condé Nast from the Durst Organization’s 4 Times Square in 2014, some large office tenants have been fleeing to newer buildings, like those in the Financial District and Hudson Yards. [more]