New York Police Department spokesman Paul Browne says the suspect was killed at midday Thursday just outside the Marriott Marquis hotel.
The hotel is located in the Broadway theater district and near the heart of Times Square. It is close to the Minskoff Theatre, home to the popular show "The Lion King."
Dozens of police officers surrounded the popular hotel, taping off the valet parking area as tourists and holiday shoppers stopped to watch the commotion.