Times Square Theater

January 12, 2022

Historic Palace Theater begins 30-foot rise over Times Square for $2.5B TSX Broadway hotel

One of the most city's most iconic Broadway theaters, the Palace Theater, began its rise last week to a spot 30 feet over Times Square. The 105-year-old theater is being lifted three stories as part of a $2.5 billion mixed-use development project, TSX Broadway, set to rise at 1568 Broadway. It will take six to eight weeks for the theater to achieve its final height of 30 feet.
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April 30, 2019

See more renderings of historic Times Square Theater’s $100M overhaul

In October 2017, Stillman Development International signed a 73-year lease on the Times Square Theater, with plans to overhaul the historic venue, which has been closed for the last 30 years, with a $100 million renovation. Headed by Beyer Blinder Belle, the project includes lifting the limestone facade of the theater five feet, restoring original design elements, and adding 52,000 square feet of retail. With the plaster removal process officially underway, more renderings have been released that show off the large terraces, an outdoor rooftop restaurant, and two-story glass box that will cantilever over 42nd Street.
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September 19, 2018

Times Square Theater to get a $100M makeover; developer hopes for Apple, Amazon, or Coke

New York developer Stillman Development International LLC has signed a 73-year-maximum lease on the Times Square Theater on West 42nd Street with plans for a $100 million makeover in keeping with neighbors like Hershey’s Chocolate World and Old Navy, the Wall Street Journal reports. Shuttered for almost 30 years, the theater, which opened on September 30, 1920 with Florence Reed starring in "The Mirage," is seen by some as the last vestige of the neighborhood's descent into late 20th century blight before rising to new heights as a tourist mecca.
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