Formerly named Longacre Square, Times Square was renamed after the Times Building (now One Times Square) in April 1904. Times Square, sometimes known as the "Crossroads of the World," has achieved the status of an iconic world landmark and has become a symbol of New York City. Times Square is principally defined by its spectaculars, animated, digital advertisements.
The intersection of Broadway and 42nd Street, at the south-east corner of Times Square, is the Eastern Terminus of the Lincoln Highway, the first road across the United States of America.
On February 26, 2009, Mayor Michael Bloomberg announced that traffic lanes along Broadway from 42nd Street to 47th Street will be de-mapped starting Memorial Day 2009 and transformed into pedestrian plazas until at least the end of the year as a trial program. The same will be done from 33rd to 35th Street as well. The goal is to ease traffic congestion throughout the Midtown grid. The results will be closely monitored to determine if the project works and should be extended beyond its trial period." Bloomberg also stated " he believes the street shutdown will make New York more livable by reducing pollution, cutting down on pedestrian accidents and helping traffic flow more smoothly." [Wiki]
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