Times Square, named after the one-time head office of The New York Times. It is located in the area of Manhattan, New York City, which centres on 42nd Street and Broadway. It forms the western section of the business district of Midtown Manhattan, New York.
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The paper's operations were moved by Adolph S. Ochs, New York Times publisher, to a different tower on 42nd Street in the midst of the area known as Longacre Square. Ochs convinced Mayor George B. McClellan Jr to construct a subway stop at the site and named it Times Square. Officiated by Mayor McClellan, the location was officially named as Times Square on April 8, 1904.
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In 1913, the paper moved away from the tower but continued to be in the locality. One Times Square tower, formerly known as the Allied Chemical Building, is the location of the annual New Year's Eve ball drop that substituted the fireworks display of 1904 to 1906. It was December 31, 1907 when the ball, signifying New Year's Day was initially dropped at Times Square and from that point the Square has been the location of the main New Year's celebration in New York City. A minute of silence, followed by a recording of church bells pealing, took the place of the ball drop due to wartime blackout restrictions during World War II.
The millennium celebration in New York on December 31, 1999 is seen as the largest gathering in Times Square since August 1945. Celebrations marking the end of World War II provided reports of roughly two million people within Times Square.
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Times Square rapidly grew as a cultural centre including theatres, music halls and luxurious accommodations. However, the 1930s and the start of the Great Depression shifted the tone downwards. Times Square became a region full of "peep shows", all-night movie houses, and stores selling cheap tourist commodities. It began to be considered a dangerous location.
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Removing 'red light' interests and increasing security in the area, paved the way for the opening up of more tourist-friendly services. Such initiatives were led by Mayor Rudolph Giuliani in the mid-1990s. This revitalisation began when the local government issued a sanction in opposition to the tight clustering of aforementioned businesses in the 42nd Street area. Many such shops closed or relocated to industrial areas in Brooklyn or Queens. These changes allowing for and encouraging more fashionable enterprises to move in.
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Broadway's theatres and the numerous animated neon and television-like hoardings have made it one of New York's symbolic images, competing with Las Vegas on the density of illuminated signs.
In 1992, the Times Square Alliance, a partnership of businesses, began improving the quality of business and cleanliness in the district. Currently, Times Square provides attractions such as a major TV studio for ABC, eating places and a number of movie theatre complexes. It has become a magnet for large financial, publishing, and media corporations. A larger police visibility in Times Square has improved the safety. While the rejuvenated Times Square is unquestionably safer and more pleasurable, some criticise that the area has lost its spark and is now a perfectly clean, "Disneyfied" version of its earlier self.
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