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Times Square is named after The New York Times building. Several of the "old" newspapers had squares named after them, such as Herald Square. The current location for the NY Times building is not the same as its original. It is estimated that 1.6 million people pass through Times Square each day, with 276,000 of them actually working there. During New Year's eve, 500,000 people gather in the Square to watch the ball drop.

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