It's reverting to the mess that it was pre-Giuliani. I recall that after Giuliani cleaned it, removing the graffiti from the trains and the human garbage from Times Square, there was an article in the Times stating how they missed the old sleaze of Time Square, which added such character to the city. The NYT pigs must be happy now that they can wallow in their own filth again.
IIRC, that article bemoaned the abscence of "Runyonesque" characters from the area.