Picture of Yellow cabs at Times Square in the late evening (New York, U.S.A.)

Yellow cabs crossing Times Square

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Not really a square but rather an intersection, Times Square can be called the very central point of New York and is exemplary of the energy of this great city.
Modern cities often lack a true central area like old cities once did: a square with a small park, some benches, and space to go for a stroll and talk to friends. New York does have a central square, though, which is where the arteries of the city come together and where you can find the pulsating heart of the city: Times Square. Not even actually a square but merely an intersection between Seventh Avenue and Broadway, Times Square got its name from the New York Times office buildings that were built here in 1904. The headquarter building that stands at the southern end of the square, is no longer in use by the New York Times which moved to a different location around the corner.
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