Cops are hunting for a gunman after a 29-year-old man was shot in the arm near Times Square early Wednesday, the NYPD said.

A man is recovering Wednesday after being shot in the arm in the heart of Times Square, the NYPD said. The shooting happened around 4:50 a.m. at West 47th Street and 7th Avenue, according to police.

RFR co-founder Michael Fuchs is facing foreclosure on his West Village condo amid a multimillion-dollar divorce settlement ...