Mall set to reject call to provide pricing for its piazza
We are allowed to charge: Times Square
Times Square is prepared to reject a government request for information on how much it has charged organisations staging exhibitions and commercial events on its piazza - a public open space.
Sources from the developer said two independent legal advisers felt the company had no obligation to hand over such business information. The legal advisers said the deed of dedication for the piazza, signed between the developer and the government in 1992, did not limit the range of the charges.
'The deed of dedication allows us to charge,' a source said. 'It does not state that we cannot charge to the level that we have set.'
It has been reported that Times Square's 3,017-square-metre ground-level piazza is public open space. People were angry at the lack of seating and the mall's handling of pedestrians, who were hustled to leave by guards.
Charging high fees for events also drew criticism.