With cheap drinks and friendly locals, Jimmy’s Corner is a New York institution. But a real-estate developer has ordered its closure – can it survive?

Founded by Jimmy Glenn, a former boxer turned trainer, in 1971, Jimmy’s Corner has stood, defiantly unchanged, as Times Square has boomed around it.

The neighborhood bar, a New York City institution which attracts locals and tourists alike, has had the same pictures on the walls for decades – some of the bar’s regulars have been coming almost as long – kept the same furniture, and maintained remarkably low pricing. In a perhaps unintentional nod to its history, there is also several years’ accumulation of dust in some areas.