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Times Square: As Rents Soar, Boom Slows: New York Times (Site not responding. Last check: 2007-10-15) |
 | | The hairline cracks in the revival of Times Square are barely visible, obscured by the crews building Madame Tussaud's Wax Museum, the Reuters Tower and the Planet Hollywood Hotel, the throbbing neon lights, and the millions of tourists coursing through the crossroads. |
 | | At the same time, it is becoming clear that the pool of entertainment tenants, which were supposed to bring the razzmatazz back to Times Square, is more shallow than anticipated. |
 | | Rents in Times Square have doubled and tripled in recent years, to as much as $300 per square foot for prime, ground-floor space, retail brokers said. |
| www.rkf.com /news/1999/02/08/nyt1.asp (1094 words) |
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