The Real Deal New York

Times Square in flux

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