BID Summary

Facts on the Business Improvement Districts influencing/influenced by Columbus Circle, Times Square, and Atlantic Yards.

Times Square Alliance: Happenings since the BID

The Times Square Alliance, founded in 1992 to make Times Square 'clean, safe, and welcoming."  The non-profit:

• promotes local businesses; encourages economic development and public improvements; 
• co-coordinates numerous major events in Times Square (including the annual New Year's Eve and Broadway on Broadway celebrations);
• manages the Times Square Information Center; 
• and advocates on behalf of its constituents with respect to a host of public policy, planning and quality-of-life issues. 

Development in the Times Square Area (Click for more detail.)

• 6,000 Residential Units Built Since 1990 and 6,500 In Development
• 4,863 Units Recently Developed Residential Buildings
• 7,671 Units Existing Large Residential Buildings

[Author] Selected Times Square Happenings Since BID established

Source: Times Square Alliance

Times Square BIDs

As a thriving retail/tourism corrido, Times Square is surrounded by business improvement districts working collectively to keep the area economically and culturally vibrant.

Source: http://gis.nyc.gov/

Times Square Development

New development slowed as Times Square regained its footing with public safety efforts and revival of entertainment business.  More recently, development has increased again including the Times Building construction and residential condominiums along 8th Ave.

Who Lives in Times Square?

According to the Times Square District Management Association, Inc., the Times Square area is not only home to theaters and retailers, but residents, too, many of whom live in the historic mixed-use buildings.

• 33,360 households 
• 71% under 50 years old 
• Median income of $75, 000 for residents between 25 and 34 years old 
• 70% employed in creative occupations (arts, media, publishing, etc.) 
• 58% college educated

When I think of Times Square, I think of businesses and tourists. Residents of Times Square must ensure their perspective is included with business owners as the area becomes increasingly vital to the municipal economy.

Source:  Times Square Alliance

Times Square

The intersections of Broadway, 42 St., and 7th Ave were formerly known as "Longacre Square" until 1904 when the New York Times raised its headquarters building and catalyzed development.  Theatres, neon lights and the subway transformed Times Square into the American icon it is best known as.  After decline in the 60s and 70s, political pressures and a crackdown on crime led to a resurgence in the area restoring its heritage as a premier entertainment destination.



Broadway and Times Building (One Times Square), New York City app. 1903-1910 Source : Library of Congress Detroit Publishing Company Collection



New York Times Square 1943
Source: Library of Congress Prints and Photographs Division 



 Times Square on a rainy day 1943
Source: Library of Congress  Prints and Photographs Division Washington, D.C. 20540

Times Square Panorama 2004

Source: Wikipedia