NEW YORK?(UPDATE 3) A car bomb that threatened a "very deadly event" failed to go off Saturday in the heart of New York's Times Square, Mayor Michael Bloomberg said Sunday.
"We are very lucky... (to) avoid what could have been a very deadly event," Bloomberg said at an impromptu press conference. "The bomb squad confirmed that the suspicious vehicle indeed did contain an explosive device."
Bloomberg said the bomb was homemade and "looked amateurish."
New York police chief Raymond Kelly said the device consisted of propane tanks, consumer-grade fireworks, gasoline containers, wires and two clocks. However there was no detail given on how the components fitted together or whether the clocks were used as timers.
Bomb squad staff were deployed in Times Square and police shut down several streets late Saturday after a street vendor alerted police that smoke was coming from the parked car.