Greeley Square lies between West 32nd and 33rd streets between Broadway and Sixth Avenue, and is taken up almost entirely by a triangular park.

[1] The small park is planted with trees and shrubbery, enclosed by a wrought-iron fence, and provided with inviting chairs, tables and a restaurant kiosk.

[5] Additionally, the 33rd Street station on the PATH's HOB–33, JSQ–33, and JSQ–33 (via HOB) trains serves the southern part of Herald Square.

[6] Since 1992, Herald and Greeley Squares have been cared for by the 34th Street Partnership, a Business Improvement District (BID) operating over 31 blocks in midtown Manhattan.

The 34th Street Partnership provides sanitary and security services, maintains a horticultural program that includes trees, gardens, and planters, and produces events, product launches, and photo shoots.

[8] In 2009, the 34th Street Partnership converted the parks' Automated Pay Toilets into free public facilities, a rarity in New York City.

[9] With the introduction of "Broadway Boulevard", a 2009 project by the New York City Department of Transportation to increase pedestrian space on the segment of Broadway between 35th and 42nd Streets, the passive space provided by Herald and Greeley Squares more than doubled, radically changing the character of the area.

[10][11] The two blocks of Broadway between 33rd and 35th Streets were completely closed to vehicular traffic, and were made pedestrian-only with bike lanes.

Herald Square is the terminus for the Macy's Thanksgiving Day Parade, broadcast nationally by NBC-TV.