The paper's motto, printed in the upper left-hand corner of the front page, is "All the News That's Fit to Print." It is organized into sections: News, Opinions, Business, Arts, Science, Sports, Style, and Features. The Times stayed with the eight-column format for several years after most papers switched to six columns, and it was one of the last newspapers to adopt color photography. The Times has won 104 Pulitzer Prizes, the most of any news organization. Its web site was the most popular American online newspaper Web site as of December 2008, receiving more than 18 million unique visitors in that month.

The New York Times was founded on September 18, 1851, by journalist and politician Henry Jarvis Raymond, who was then a Whig and who would later be the second chairman of the Republican National Committee, and former banker George Jones as the New-York Daily Times. Sold at an original price of one cent per copy, the inaugural edition attempted to address the various speculations on its purpose and positions that preceded its release:

The paper changed its name to The New York Times in 1857. The newspaper was originally published every day except Sunday, but on April 21, 1861, due to the demand for daily coverage of the Civil War, The Times, along with other major dailies, started publishing Sunday issues. One of the earliest public controversies in which the paper was involved was the Mortara Affair, an affair that was the object of 20 editorials in The Times alone.

The paper's influence grew during 1870–71, when it published a series of exposés of Boss Tweed that led to the end of the Tweed Ring's domination of New York's City Hall. In the 1880s, The Times transitioned from supporting Republican candidates to becoming politically independent; in 1884, the paper supported Democrat Grover Cleveland in his first presidential election. While this move hurt The Times' readership, the paper regained most of its lost ground within a few years.

The Times was acquired by Adolph Ochs, publisher of the Chattanooga Times, in 1896. The following year, he coined the paper's slogan, "All The News That's Fit To Print"; this was a jab at competing papers such as the New York World and the New York Journal American which were known for lurid yellow journalism. Under his guidance, The New York Times achieved international scope, circulation, and reputation. In 1904, The Times received the first on-the-spot wireless transmission from a naval battle, a report of the destruction of the Russian fleet at the Battle of Port Arthur in the Yellow Sea from the press-boat Haimun during the Russo-Japanese war. In 1910, the first air delivery of The Times to Philadelphia began. The Times' first trans-Atlantic delivery to London occurred in 1919. In 1920, a "4 A.M. Airplane Edition" was sent by plane to Chicago so it could be in the hands of Republican convention delegates by evening.

In the 1940s, the paper extended its breadth and reach. The crossword began appearing regularly in 1942, and the fashion section in 1946. The Times began an international edition in 1946. The international edition stopped publishing in 1967, when The Times joined the owners of the New York Herald Tribune and the Washington Post to publish the International Herald Tribune in Paris. The paper bought a classical radio station (WQXR) in 1946. In addition to owning WQXR, the newspaper also formerly owned its AM sister, WQEW (1560 AM). The classical music format was simulcast on both frequencies until the early 1990s, when the big-band and standards music format of WNEW-AM (now WBBR) moved from 1130 AM to 1560. The AM station changed its call letters from WQXR to WQEW. By the beginning of the 21st century, The Times was leasing WQEW to ABC Radio for its Radio Disney format, which continues on 1560 AM. Disney became the owner of WQEW in 2007. On July 14, 2009 it was announced that WQXR was to be sold to WNYC, who on October 8, 2009 moved the station to 105.9 FM and began to operate the station as a non-commercial.

The New York Times is third in national circulation, after USA Today and the Wall Street Journal. The newspaper is owned by The New York Times Company, in which descendants of Adolph Ochs, principally the Sulzberger family, maintain a dominant role. In March 2009, the paper reported a circulation of 1,039,031 copies on weekdays and 1,451,233 copies on Sundays. According to a 2009 The New York Times article circulation has dropped 7.3 percent to about 928,000; this is the first time since the 1980s that it has fallen under one million. In the New York City metropolitan area, the paper costs $2 Monday through Saturday and $5 on Sunday. The Times has won 101 Pulitzer Prizes, more than any other newspaper.

In 2009, The Times began production of local inserts in regions outside of the New York area. Beginning October 16, 2009, a two-page "Bay Area" insert was added to copies of the Northern California edition on Fridays and Sundays. The Times commenced production of a similar Friday and Sunday insert to the Chicago edition on November 20, 2009. The inserts consist of local news, policy, sports, and culture pieces, usually supported by local advertisements.

In addition to its New York City headquarters, The Times has 16 news bureaus in New York State, 11 national news bureaus and 26 foreign news bureaus. The New York Times reduced its page width to 12 inches (300 mm) from 13.5 inches (340 mm) on August 6, 2007, adopting the width that has become the U.S. newspaper industry standard.

Because of its steadily declining sales in recent decades, The Times has been going through a downsizing for several years, offering buyouts to workers and cutting expenses, in common with a general trend among print newsmedia.