Rockefeller Center (Manhattan) Office Space for Rent
Comprising 19 commercial buildings on 22 acres between Fifth Avenue and the Avenue of the Americas, Rockefeller Center is easily the most recognized commercial property complex. This landmark property offers a total of 17 million square feet of office space available in Midtown Manhattan, featuring buildings with iconic, internationally recognized architectural features.
If you’re in the market for an office lease in the Midtown Manhattan area, consider Rockefeller Center in your search. Contact us for help searching for Rockefeller Center office space. We’re proud to offer free services to tenants.
Rockefeller Center Office Space — Lease Data & Trends
In Q2 of 2021, data from Cushman Wakefield showed that new Midtown leasing increased 4%, with 2.1 million square feet leased. However, leasing for the first half of 2021 was the lowest mid-year total in over two decades. It was 19.9% lower than the same time last year.
The coronavirus pandemic fueled Midtown’s overall historic high vacancy of 19%. As more and more companies embrace hybrid or remote work models, offices throughout NYC have seen unprecedented vacancy levels. That said, 2021 saw an increase in sublease vacant space of 14.7% to an all-time high of 12.6 million square feet.
As the commercial real estate market continues to reopen, a significant percentage of office workers are expected to return to their offices. This is the best time for small businesses and startups who have been eyeing quality office space in Manhattan to make a move.
Office asking rents have dropped across most submarkets, and Midtown is no exception with an average price of $73.79 per square foot. That means Class A office spaces that were previously out of reach for many before the pandemic are now a viable option.
What Our Brokers Say About Rockefeller Center Office Space
Rockefeller Center is right in the beating heart of New York City, where community, commerce, and culture intersect. Its distinctive and desirable address has become home to many corporations, including banks, law firms, marketing firms, financial and media outlets.
Rockefeller Center boasts New York’s best companies, hotels, and attractions. The top-tier tenant roster includes Major League Baseball, AIG, NBC, and more.
The development is undoubtedly one of the most prestigious, accessible, and amenity-rich addresses in New York City. It garners the highest quality office space and retail tenants and is home to some of the biggest names in private, coworking, and flexible workspaces.
Top Commercial Buildings around Rockefeller Center
30 Rockefeller Plaza: Nicknamed “30 Rock,” this iconic skyscraper was built in 1932 and stands tall at 69 floors. It’s the centerpiece of the Rockefeller Center complex.
50 Rockefeller Plaza: This building offers 516,295 square feet of Class A office space in 15 stories. The building boasts easy commuter access and an attended lobby with 24/7 security and access.
1271 Avenue of the Americas: Built in 1957 and renovated in 2018, this 48-story building features over two million square feet of Class A+ office space. The building is famous for its mid-century modernism that features an impressive lobby and design.
Get To Know Rockefeller Center, NYC
Rockefeller Center is more than just a place for business; it boasts world-class entertainment venues, retail stores, and restaurants. Spanning six square blocks, it attracts hundreds of thousands of visitors daily to marvel at its architecture. People visit from all around the world to shop in the vast array of retail outlets, dine in famous restaurants, and enjoy world-class entertainment options.
The complex is just a ten-minute commute from Grand Central Terminal, Penn Station, and the Port Authority. It has its own subway station and dedicated zip codes. It also features an underground concourse that connects many of the 19 buildings.
Since 1931, the Rockefeller Center has held the widely known annual lighting of the Rockefeller Christmas tree. The complex is also well known for its ice-skating rink located next to the NBC studios. It’s also home to an impressive collection of artwork and Art Deco sculptures such as Prometheus in the central-sunken plaza.
Why Rent Office Space in Rockefeller Center?
Leasing Rockefeller Center office space allows your business to thrive in a National Historic Landmark and lets the Big Apple’s rich history enhance your work experience. The abundance of office space at this complex ensures that you’ll find a space that aligns with your needs and budget. An underground mall and ice-skating rink give you easy access to leisure activities and great restaurants only a few steps from your office door.
Nearby Neighborhoods to Set Up Office Space
Are you considering Rockefeller Center for your next office premises but also want to explore nearby areas? Check out some of the following neighboring Midtown Manhattan neighborhoods:
Flatiron District: This district takes its name from one of NYC’s most iconic landmarks — the conspicuous Flatiron Building. It is a convenient neighborhood close to Midtown and Union Square, with plenty of options for public transportation. It offers everything from historic architecture to great dining, and you can expect luxury buildings with modern amenities.
Grand Central Station: Grand Central Station has always been an attractive location for businesses. Its proximity to prestigious NYC landmarks like the Chrysler Building or the Empire State Building make it a desirable location. In addition to its connection to public transportation, new state-of-the-art developments are beginning to take shape.
Hudson Yards: This “city within a city” 28-acre development project is the largest private development in the United States. Since breaking ground in 2012, the centrally located, ultra-modern office space has drawn companies to the area like a magnet.
Garment District: The neighborhood surrounding Penn Station is probably one of the best destinations for office space right now. This submarket offers a plethora of Class A and Class B office space. It also boasts an unrivaled connection to public transport via the bus stations and subway at Penn Station.
If you would like more information on Rockefeller Center office space, contact us. Our team of seasoned professionals can help you conduct your search, explore your options, and find the right space for your business.