Resist the urge to go into this chain restaurant - walk around a little more and you will find something better! TGIFridays is fine in suburban America, but this Times Square location is not only grossly overpriced, but the service is slow (they seemed badly understaffed the night I was there) and the inside of the restaurant looked like no one had cleaned or decorated it since 1989.
Pros: familiar menu, close to theatres, good for kids
Cons: overpriced!!!!!!, ugly atmosphere, understaffed