There are many hundreds of restaurants within walking distance of Times Square, and the ones IN Times Square rank among the absolute worst restaurants in the city.

You might find these threads helpful, though (note the first one was started a decade ago, but there's a lot of helpful info in there and some recent posts toward the end):

http://www.flyertalk.com/forum/new-y...rants-nyc.html

http://www.flyertalk.com/forum/new-y...s-kitchen.html