55 Water Street, New York, NY 10004 is located on the corner of Water Street and Hanover Square in New York City and is home to the Elevated Acre public park. Completed in 1972, this Manhattan building stands at 53 floors tall and features over 3,500,000 square feet in office space for rent, making it one of the largest structures in the world. Although an older building, 55 Water Street has undergone various capital improvement plans over the course of its life, including the creation of the Elevated Acre. A New York hidden gem, the Elevated Acre is a public park offering people in FiDi a small oasis where they may check out world class views of New York City icons like the Brooklyn Bridge and the East River. In addition to the Elevated Acre, floor by floor the building provides numerous amenities for occupants and the public, from bars and cafes to a convenience shop and a shoe shine stand.
This New York City building stands in close proximity to the yellow and red MTA subway lines as well as the Staten Island ferry. Hundreds of different restaurants featuring local fare and world cuisine also pepper the surrounding neighborhood area. The edifice’s proximity to the other office buildings that surround the neighborhood make this Manhattan space ideal for an organization wanting to occupy square footage that is close to partner firms or offices in the Financial District. As a result, such excellent placement adds a significant amount of value for the building’s tenants at 55 Water Street.
When the building was first completed in 1972 it was the largest office building in the world. For a time, this NYC titan with a massive amount of square feet stood as the largest open office building in New York City, before the new World Trade Center opened. For more information on 55 Water Street, visit its website address at www.55water.com.