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Times Square

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Despite the maddening popularity of the Times Square pedestrian plaza (also known as the Times Square Hellscape), the city seems to be making virtually no money. Private companies pay for the use of the plaza, but most of that goes to either the Times Square Alliance or as reimbursement for the use of city services, such as crowd control or permit processing. Very little money actually goes into city coffers, a fact with which Community Board 5 takes issue. "We want to make sure that the city gets a good deal when it rents out these spaces," said Raju Mann, a member of CB5. "Right now, they can't technically make money, which is crazy from our perspective." [NYP]