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Times Square is a major commercial intersection and a neighborhood in Midtown Manhattan, New York City, at the junction of Broadway (now converted into a pedestrian plaza) and Seventh Avenue and stretching from West 42nd to West 47th Streets. Times Square – iconified as 'The Crossroads of the World', 'The Center of the Universe', and the 'The Great White Way' – is the brightly illuminated hub of the Broadway Theater District, one of the world's busiest pedestrian intersections, and a major center of the world's entertainment industry. According to Travel + Leisure magazine's October 2013 survey, Times Square is the world's most visited tourist attraction, hosting over 39 million visitors annually. Approximately 330,000 people pass through Times Square daily, many of whom are either tourists or people working in the area.
The Broadway Theater District is a popular tourist attraction in New York City. According to The Broadway League, Broadway shows sold approximately $1.193 billion worth of tickets in calendar year 2013, compared with $1.158 billion for 2012. Attendance in 2013 stood at 11.58 million. Midtown Manhattan is the largest central business district in the United States and ranks among the most intensely used pieces of real estate in the world. The majority of New York City's skyscrapers, including its tallest hotels and apartment towers, lie within Midtown. The area hosts commuters and residents working in its offices, hotels, and retail establishments; many tourists, visiting residents, and students populate the district. Some areas, such as Times Square and Fifth Avenue, have large clusters of retail stores. Sixth Avenue in Midtown holds the headquarters of three of the four major television networks. It is a growing center of finance, second in importance within the United States only to Downtown Manhattan's Financial District. Times Square is the center of Broadway theater.
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