The new TKTS booth for the Times Square location began construction in May 2006 and was completed in October 2008. During this time, the TKTS booth was temporarily relocated to the nearby Marriott Marquis hotel. After many delays, the new TKTS booth opened for business on October 16, 2008 on a renovated Duffy Square, with a ceremony featuring Mayor Michael Bloomberg and various Broadway performers. The booth is wedge-shaped, with wide, bleacher-like stairs covering the roof, allowing pedestrians to sit down or climb the steps for a panoramic, unobstructed view of Times Square. According to the Theater Development Fund, the final cost of the new booth was $19 million.