Times Square Gets a Multi-Billion Dollar Makeover

September 21, 2018

The Times Square Theater on New York's 42nd Street is about to get a $100 million makeover. According to a report in The Wall Street Journal, developers plan to restore the building and lease it to brands looking for interactive retail space. In addition, the Palace Theater a few blocks away is also about to get a major overhaul. The new $2.5 billion development will rise 46 floors above the theater.