Lights out? NYC reportedly under fed pressure to take down Times Square billboards

The feds could be turning the dimmer on the bright lights of New York City, as the Big Apple reportedly faces pressure to remove its iconic oversized billboards from Times Square.

Capital New York and CBS2 report that a 2012 federal transportation law has ensnared one of the city's most famous attractions, by declaring that the storied Broadway and 7th Avenue intersection -- and other city streets -- fall under the 1965 Highway Beautification Act.

That law says billboards within 660 feet of a highway can't be more than 1,200 square feet. And Times Square's looming luminous signs certainly fall outside those restrictions.

Now, city Transportation Commissioner Polly Trottenberg reportedly says they're under pressure to get rid of the billboards -- or give up part of the state's federal highway funds.

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