Tough Times In Times Square

Tough Times In Times Square

Signs of Times Square's problems abound. The New York Times Co.'s 767,000-square-foot former headquarters on West 43rd Street sits vacant; the old Bertelsmann property at 1540 Broadway was sold in March at a fire-sale price; and 11 Times Square, a 1.1 million-square-foot property due to be completed early next year, has yet to land a single tenant.

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