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In 1984, the area was so derelict and dilapidated, that the entire Times Square area paid the city only $6 million in property taxes (equivalent to $17.6 million in 2023). [ 64 ] 1980s building boom
Midtown Manhattan is the area between 34th Street and 59th Street. Lower Manhattan is the area below 14th Street. West Side is the area west of Fifth Avenue; East Side is the area east of Fifth Avenue. Neighborhood names and boundaries are not officially defined. They may vary or change from time to time due to demographic and economic variables.
Midtown Manhattan is the central portion of the New York City borough of Manhattan, serving as the city's primary central business district.Midtown is home to some of the city's most prominent buildings, including the Empire State Building, the Chrysler Building, the Hudson Yards Redevelopment Project, the headquarters of the United Nations, Grand Central Terminal, and Rockefeller Center, as ...
[11] [12] Manhattan's (New York County's) population density of 72,033 people per square mile (27,812/km 2) in 2015 makes it the highest of any county in the United States and higher than the density of any individual U.S. city. [13]
The Times Square Alliance, a Business Improvement District organization dedicated to improving the Theater District, defines the district as an irregularly shaped area within the bounding box of 40th Street, 6th Avenue, 53rd Street, and 9th Avenue. [7]
This area is now co-signed as "New 42nd Street" to signify this change. In the 1990s, the renovation of Bryant Park between Fifth and Sixth Avenues, as well as the renovations of Times Square and Grand Central Terminal, led to increases in office occupancy along both sections of 42nd Street. [32]