In addition to our own Annual and Monthly Reporting, the Times Square Alliance occasionally comisisons stand-alone studies to learn more about the unique characteristics of our district, our visitors, our employees, and our residents. Below are the Alliance's recent key reports:
Economic Impact of Times Square
Times Square is a small space of enormous consequence. Though it comprises only 0.1% of New York City’s land area, Times Square supports 10% of the city’s jobs and generates 11% of its economic output. With over 170,000 workers, 17,000+ hotel rooms, and 29 million SF of office space, the district is a major commercial, retail and entertainment center.
Together with HR&A, Inc., the Alliance has produced a 2011 report outlining Times Square’s remarkable economic impact. Click here to see a full report of how Times Square contributes to the New York economy. To view the 2007 report, click here.
Times Square Retail Study Update
Times Square is much more than just tourists: the greater area contains huge employee and residential populations that come to the district daily.
Together with HR&A, Inc., the Alliance has produced a report outlining the demographics and growing spending potential of these largely untapped markets. Click here to view the complete 2011 report. For an earlier report by ERA in 2004, click here.
Times Square Market One-Pager
For a concise summary of key facts about the Times Square employee/residential market, drawn from both reports above, click here: