Showing posts with label Times Square. Show all posts
Showing posts with label Times Square. Show all posts

01 July 2023

START SPREADING THE NEWS [403]

Jamestown LP / onetimessquare.com


After looking into the history of the building-cum-billboard located at One Times Square, I made a mental note to check on its current state, now it was certain I would walk past it again. 

 

What I was not expecting was for a lot of it to not be there, the structure having been stripped back to its metal frame and encased in netting, ahead of its second near-total rebuild, this time in glass and lights, anticipated to reopen in Autumn 2024. The rebuilding work had actually begun in June 2022, and while the New Year’s ball and the largest, north-facing billboard were removed for part of this time, they were both back by my visit in June 2023, remaining the building’s biggest money-spinners.

 

The plans are impressive, and are intended to make One Times Square the main visitor centre for New York City, according to co-owner Jamestown LP at onetimessquare.com, their website for the $500 million development. 

 

The shorter front section of the building, a natural place for an observation deck, will now host one, accessed by glass lifts placed on the outside of the structure, providing views across Times Square, and down to the TKTS booth and bleacher seats placed opposite it since 2008. 

 

With the building’s small footprint unsuitable for modern office requirements, only one floor is being retained as office space, most likely for the organisers of the New Year’s celebrations to return. Efforts to return the inside of the building to full use after decades of abandonment include six floors will become a museum for Times Square, and of the building itself, while space for a traditional shop remain at ground level, alongside an improved subway entrance.

 

The most interesting section of the development involves a Web 3.0 reinvention of the exposition spaces previous building owner Allied Chemical once provided, essentially allowing companies to advertise inside the structure as well as outside: “One Times Square will also connect visitors to their favorite brands through immersive, technology-enabled activations across 12 floors, including digital, virtual, and augmented reality experiences. For the first time in decades, the public can experience the home of the New Year's Eve Ball in a more meaningful way.”

 

While sounding like a version of the original Epcot Centre at Walt Disney World, with corporate-sponsored visions of the future, it will be extremely interesting to see if One Times Square can pull this off, because in reserving physical spaces for experiences while having an official place in the metaverse at Decentraland, a space I have only just found about, it has a head start against the decline in the office market affecting other buildings in New York, cementing its new use before one needs to be found for the others. With the Paramount Theatre in Times Square having been filled in by offices in the 1960s, perhaps it might be time to dig it back out and put on a show?


24 June 2023

AND IT TASTES LIKE LEMONADE [402]

 


For a British person on holiday in the United States, I don’t think we encountered a single situation over five days in New York where British and American words and idioms became confused – I think we absorbed the required knowledge when our plane entered US air space. 

 

The only one we apparently missed was what we mean when we talk about lemonade.

 

Avoiding the smog [https://www.leighspence.net/2023/06/get-into-my-big-black-car-401.html], we took shelter in the Hard Rock Café in Times Square, formerly the lobby of the Paramount theatre, which is itself now office space. I had a Diet Coke with my Legendary Steak Burger, and when I was asked about another drink, I asked for a lemonade. Upon this, the server leapt into a routine about how, when British people ask for lemonade, what they actually want is Sprite, something that must have happened many times. I was asked if I wanted was Sprite, and I decided to say yes.

 

I was already aware that American lemonade is characteristically cloudy, still and sweet, made with fresh lemons, and is known as “cloudy lemonade” in the UK. “Our” lemonade is clear, fizzy and has a sharper, more citric taste and, as I now know, is not routinely sold in the United States, meaning the country has no reason to make the distinction. One drink I hoped to find while there was Arizona Ice Tea’s half-tea, half-lemonade “Arnold Palmer”, named after the golfer – in fact, it was a US gallon (3.78 litre) bottle that lasted the week, and it was lovely and sweet overall, despite the taste of the tea, well, clouding the lemonade. This is more than I could say for orange Fanta, the US version of which contains no juice, has the same sunset yellow colour as Lucozade and Irn-Bru, and tasted like them as well.

 

Then there is Sprite, which is not lemonade. Introduced in 1959 by Coca-Cola in West Germany as a clear, coloured, lemon-flavoured variant of Fanta, it was introduced into the US two years later as a competitor to 7-Up. Labels on Sprite bottles and cans term it a lemon-lime soda, but previous US packaging created a word: “Great Lymon Taste!” I since found that one US variation of the drink is “lymonade” – you can buy Sprite pre-mixed with lemonade, with “Sprite Lymonade Legacy” adding strawberry into the mix. 

 

I wish I known about Sprite Lymonade before we ate at Hard Rock Café – it would have been the best of both worlds.

30 January 2022

I’M KING OF THE HILL, TOP OF THE HEAP [329]


With the street of Long Acre in London once home to coachbuilders and car showrooms, the similarly industrious Longacre Square in New York City, having taken its name, ironically also hosted horse stables, the American Horse Exchange finally closing in 1910. By then, “The New York Times” newspaper had built and opened its headquarters in the centre of the square, where Broadway intersects with 42nd Street, and convinced the city to rename the square after itself, something the other dozen or so daily papers at the time hadn’t done.

One Times Square, otherwise known as 1475 Broadway, opened in 1904, and remains the focal point of Times Square, hosting the New Year’s Eve ball drop first begun by the “Times” in 1907. The narrow end of the triangular building, which has famously hosted a Sony Jumbotron screen from 1990 to 1996, used by “The Late Show with David Letterman”, and displayed a realistically-steaming pot of Nissin Cup Noodle, now hosts a 350 foot-long advertising video wall projecting into the square, erected in 2019 to replace a number of smaller screens and billboards. However, it also resulted in removing the famous news ticker, or “zipper”, that had operated at various times since 1928. With similar video screens spreading around the building and across the square, its equivalent space in London has now moved to Piccadilly Circus.

For a building with so many eyes on it, I was surprised to hear it is mostly empty. I visited the ground level Walgreens drug store while on holiday in New York in 2011, but with only one floor towards the top used by the current organisers of the New Year’s Eve celebrations, the Times Square Alliance and Countdown Entertainment LLC, the rest of the building is used either as storage, or is completely abandoned. It matters nothing its owners, Jamestown LP and Sherwood Equities, as the tens of millions of dollars they charge in rent is for its exterior: so long as it acts as a frame for the video screens, it remains profitable.

With only a 500m2  trapezoid-shaped footprint, and only twenty-five stories, it may be easier for most businesses looking for space to find one floor in another building, instead of two or three at One Times Square. Even “The New York Times” started moving out of the building as early as 1913, as its corporate headquarters moved to 229 West 43rd Street, itself extended in subsequent years. However, production of the newspaper continued at Times Square until the last section moved out in 1960 - even after the “Times” sold the building in 1961, the printing presses, situated in the four-storey-depth basement, ran until 1997, replaced by a more advanced facility based in Queens.

Allied Chemical, a multi-industrial corporation that, through a continued series of mergers, is the company now known as Honeywell, bought the building in 1963, two years after the “Times” sold it to advertising executive Douglas Leigh, and proceeded to re-skin it for the first time, replacing the original Gothic architecture, which made it look not unlike the Flatiron building, with modernist marble, not that you can see it properly now. The Allied Chemical Tower opened in December 1965, acting as headquarters of its Fibers division, and the Fabricated Products division. The first three floors, however, were more like what you would have found at the New York World’s Fair that closed earlier that year: the ground floor housed a demonstration of the upcoming Apollo space project, and an animated model of a city that could then be built on the moon. Displays of chemical processes took the next floor up, and the third floor fashion show displayed clothes made using Nylon produced by Allied Chemical.

One Times Square was already on sale by October 1972 for a minimum of $7 million, Allied Chemical acknowledging they had too much office space in New York City, that the displays should be dealt with by a group more experienced with dealing directly with the public, and that they were never going to get back the full cost of their renovations. The next buyer, real-estate developer Alex Parker, ultimately paid $6.25 million, and initial talk of exhibition spaces on most floors were replaced by hiring out office space to tenants, although a Song Writers Hall of Fame did open on the eighth floor. Between 1974 and 1997, the building was sold six more times, with unfulfilled proposals to replace the exterior with glass, or stripping it to a bare metal frame to use for floodlights. Demolition of the building had also been proposed in 1979 as part of a plan to create an urban renewal district in 42nd Street.

Having looked through the numerous news articles on the “Times” website about changes in ownership and intent, the lack of consistency is perhaps the major contributor to tenants dwindling away – by 1982, there was reference to leases lasting from month to month, with nothing in the long term. Outside of the “Times”, Walgreens is seemingly the longest-running tenant of the interior of One Times Square. Their lease, signed in 2007, actually covers most of the interior, even though only the first three floors are used. It replaced a Warner Bros. studio shop, operated from 1996-2001 to compete with Disney’s store, but Warner Bros. continued to pay for the lease until Walgreens took over. I have seen evidence that the store closed again on 27thDecember 2021, but with Walgreens’ lease continuing until 2027, and with the ongoing Covid-19 pandemic, I could not confirm if this was temporary or not.

The current value of One Times Square is dictated by its advertising potential: Lehman Brothers bought it in 1995 for $27.5m, with the first electronic billboards being installed in 1996. The following year, it was sold to its current owners for $110m. A four-week placement on the main billboard installed in 2019 costs from $2.5m. Perhaps One Times Square is at the point where any future construction means advertising revenue lost. Ironically, the original scoreboard-like ad screen, installed above the “zipper” in 1975, is more famous as an artwork, being the screen on which Jenny Holzer displayed the message, “PROTECT ME FROM WHAT I WANT”.