Stabbing reported near Times Square

Police on the scene of a stabbing near Times Square at 46th Street and 7th Avenue (Lucy Yang)

June 18, 2013 3:57:34 PM PDT
Investigators say a dispute erupted into violence outside the Disney Store near Times Square, leaving 1 man wounded.

The stabbing happened at the intersection of 46th Street and 7th Avenue around 2:00 p.m.

According to police, two men who knew each other got into an argument and escalated into violence.

Police say one man pulled a knife, and the other tried to shield himself with a folding chair, but couldn't block the attack.

The victim was stabbed in the chest.

He was taken to Bellevue hospital in stable condition.

The suspect fled towards 8th Avenue, but police say they did take him into custody.