Hello, MxxCon and Allison P! Thanks for providing this information.
The source upon which the decision to add the road name was made is The North American Roads: 
https://data-usdot.opendata.arcgis.com/datasets/usdot::north-american-roads/explore?location=40.727995%2C-73.997219%2C18.00
On this map you can see that the name of this road is displayed as Washington Square Village.
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            Published using OSMCha: https://osmcha.org/changesets/146664067
            