3 Times Square
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3 Times Square

3 Times Square, also known as the Thomson Reuters Building, is a 30-story skyscraper at Times Square in the Midtown Manhattan neighborhood of New York City, New York, U.S. Located on Seventh Avenue between 42nd and 43rd Street, the building measures 555 feet (169 m) to its roof and 659 feet (201 m) to its spire. The building was designed by Fox & Fowle and developed by Rudin Management for news-media company Reuters. The site is owned by the New York City Economic Development Corporation, though Rudin and Reuters have a long-term leasehold on the building.

Fox & Fowle planned a portion of the facade as a glass curtain wall, though the northeast corner and the south facade are made of masonry. The eastern facade has a curving curtain wall with a wedge atop the southeast corner, as well as a triple-height lobby facing Seventh Avenue. The building contains 855,000 square feet (79,400 m2) of floor space, much of which was originally taken by Reuters. The lowest three stories contain retail space and an entrance to the Times Square subway station.

During the 1980s and early 1990s, Park Tower Realty and the Prudential Insurance Company of America had planned to develop a tower for the site as part of a wide-ranging redevelopment of West 42nd Street. After the successful development of the nearby 4 Times Square, Reuters proposed consolidating its headquarters at Times Square in 1997, enlisting Rudin Management as a development partner. Work started in 1998 and the building was completed in 2001, with Reuters occupying the vast majority of the space. The building was jointly owned by Reuters and Rudin for two decades, and a renovation of the interior was announced in 2021.

3 Times Square is on the western side of Seventh Avenue, between 42nd and 43rd Street, at the southern end of Times Square in the Midtown Manhattan neighborhood of New York City, New York, U.S. The land lot is L-shaped and covers 29,630 sq ft (2,753 m2), with a frontage of 200 ft (61 m) on Seventh Avenue, 131 feet (40 m) on 42nd Street, and 164 feet (50 m) on 43rd Street. 3 Times Square is at the eastern end of a city block that also contains the Todd Haimes, Lyric, and New Victory theaters. Other nearby buildings include 229 West 43rd Street and 1501 Broadway to the north, 1500 Broadway to the northeast, One Times Square and 4 Times Square to the southeast, the Times Square Tower and 5 Times Square to the south, and the New Amsterdam Theatre to the southwest.

An entrance to the New York City Subway's Times Square–42nd Street station, served by the 1, ​2, ​3​, 7, <7>​​, N, ​Q, ​R, ​W, and S trains, is within the base of the building on 42nd Street. The subway entrance in the building is on 42nd Street, about 75 feet (23 m) west of its original location at the corner with Seventh Avenue. The entrance consists of a canopy extending above the sidewalk, as well as a staircase down to the station mezzanine. It was originally planned with escalators, but the entrance was downsized during the building's construction. A "Low Headroom" sign had to be placed on the entrance because of its reduced size.

3, 4, and 5 Times Square and the Times Square Tower comprise a grouping of office buildings that were developed at Times Square's southern end in the late 1990s and early 2000s. The surrounding area is part of Manhattan's Theater District and contains many Broadway theaters. The site on the northwest corner of 42nd Street and Seventh Avenue had historically been occupied by the Victoria Theatre, which operated from 1899 to 1915. The former theater then became the Rialto Theatre, which opened in 1916. The Rialto was rebuilt in 1935 and continued to operate until 1998, sharing a building at 1481 Broadway with several storefronts. The theater building, in its final years of operation, had a 500-seat theater and 12,000 square feet (1,100 m2) in retail.

3 Times Square was designed by Fox & Fowle and developed by the Rudin family under Rudin Management. Swanke Hayden Connell Architects designed the interiors. Severud Associates was the structural engineer, while Tishman Construction was the main contractor. Other companies involved with the project included geotechnical consultant Langan Engineering, elevator contractor Otis Worldwide, and mechanical, electrical, and plumbing engineer Jaros, Baum & Bolles. The building serves as the New York City offices of Thomson Reuters. Officially, the New York City Economic Development Corporation owns the structure.

3 Times Square has 30 usable floors above ground. The building measures 555 feet (169 m) to its architectural tip and 659 feet (201 m) to the top of the spire. The main roof is only 486 feet (148 m) high. 3 Times Square has 855 thousand square feet (79,400 m2) of space. The building is part of the 42nd Street Development Project and, thus, could bypass many city zoning rules such as those relating to floor area ratio (FAR). Bruce Fowle of Fox & Fowle estimated that the building had a FAR of 31, while The New York Times stated that the FAR was only 25.

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