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Michael Phillips on Jamestown's $550 Million Times Square Repositioning for New Year's Eve

CNBC TelevisionJanuary 5, 20263 min418 views
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Times Square Ball Transformation

  • πŸ’Ž The iconic Times Square Ball for New Year's Eve has been updated with 4,800 Waterford crystal constellation crystals, transitioning from triangular to round.
  • πŸš€ This marks the ninth ball on the building, representing a significant upgrade in its visual appeal.
  • πŸ—“οΈ A VIP opportunity to see and connect with the new ball will open in the building next Wednesday, prior to New Year's Eve.

New Year's Eve Experience Enhancements

  • πŸŽ‰ Attendees will receive a confetti wish kit to fill out with New Year's resolutions, which will be launched from a cannon into Times Square.
  • πŸ’¬ This allows wishes to be shared with the estimated one million people present in Times Square.

One Times Square Building Repositioning

  • πŸ—οΈ Jamestown has undertaken a $550 million repositioning of One Times Square, involving a four-year effort to reskin the building.
  • 🌟 The building is set to open with approximately 22 floors of immersive experiences, with staggered openings through the spring.
  • πŸ“ˆ An estimated 8 to 10 million people per year are expected to visit the building.
  • πŸ›οΈ These experiences include an observation deck on the roof and a history experience detailing the last 120 years of events in Times Square.
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What’s Discussed

Times SquareNew Year's EveBall DropJamestownMichael PhillipsOne Times SquareWaterford CrystalConfetti Wish KitImmersive ExperienceObservation DeckBuilding Repositioning
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