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1 Bryant Park

Grace Building

New York, NY 10036

  • 20,856 sqft
  • inquire for pricing

Building Details

  • Walk Score®98
  • Noise Index0.67

The Grace Building, designed by award winning architects Skidmore, Owings & Merrill, is centrally located in Midtown Manhattan at Avenue of the Americas and 42nd Street across from Bryant Park. The buildings distinctive curved tower walls are set back from the street, providing an attractive and accessible space. Oversized windows provide extraordinary views of the Manhattan skyline, the Hudson River and Bryant Park.

Tenants enjoy convenient access to subways, Penn Station, Grand Central Terminal and the Port Authority Bus Terminal as well as a 188space underground parking garage.

Planned capital improvement projects include plaza renovation, modernized lobby and entrances, new elevator cabs, enhanced security and upgraded retail. Major tenants at Grace Building include Baker & McKenzie, Cooley LLP, HBO and Interpublic Group.

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  • Availability

    UnitSizePriceInquire
    Space - Suite20,856 sqftInquire for pricing
    • 0.02 mi☕️Starbucks
    • 0.03 mi☕️Starbucks Coffee
    • 0.03 mi🚇BDFM42nd Street - Bryant Park
    • 0.04 mi☕️Breads bakery
    • 0.05 mi☕️Waffels and dinges
    • 0.06 mi🚗Hippodrome Parking
    • 0.07 mi☕️Le Pain Quotidien
    • 0.08 mi🍺BXL Cafe
    • 0.08 mi☕️Gregory Coffee
    • 0.09 mi🚗Hippodrome Parking
    • 0.09 mi🍺Forty Four
    • 0.1 mi☕️FIKA Bryant Park
    • 0.11 mi🥘The Lambs Club
    • 0.11 mi☕️Southwest Porch
    • 0.11 mi🥘Ootoya
    • 0.11 mi🍺Jimmy's Corner
    • 0.12 mi🥘Tony's
    • 0.12 mi☕️Cofeed
    • 0.13 mi🚇75th Avenue
    • 0.13 mi🥘Mexicue
    • 0.14 mi🥘Brooklyn Diner - Time Square
    • 0.14 mi☕️Le Pain Quotidien
    • 0.14 mi🥘Virgil's Real BBQ
    • 0.14 mi🚇S42nd Street -Times Square
    • 0.14 mi☕️Starbucks Coffee
    • 0.15 mi🥘Bryant Park Grill
    • 0.16 mi🥘The Counter
    • 0.16 mi🍺O'Lunney's
    • 0.17 mi🚇NQRW42nd Street - Times Square
    • 0.17 mi🥘Bond45
    • 0.17 mi🥘Ruby Tuesday
    • 0.18 mi🥘Heartland Brewery
    • 0.18 mi☕️FreeFoods
    • 0.18 mi☕️Mangia Organic
    • 0.18 mi☕️Europa Cafe
    • 0.19 mi🥘Hard Rock Cafe
    • 0.19 mi🚇12342nd Street - Times Square
    • 0.19 mi🚇12342nd Street - Times Square
    • 0.19 mi🚇12342nd Street - Times Square
    • 0.19 mi🍺EVR NYC
    • 0.19 mi🥘Bubba Gump Shrimp Co.
    • 0.19 mi🚇12342nd Street - Times Square
    • 0.19 mi🥘St. Andrew's
    • 0.19 mi🥘Planet Hollywood
    • 0.2 mi🥘Red Lobster
    • 0.2 mi🥘Buca di Beppo
    • 0.2 mi🚇742nd Street - Times Square
    • 0.21 mi☕️Andaz
    • 0.22 mi🥘Havana Central
    • 0.22 mi🥘Carmine's
    • 0.22 mi🍺Haven Rooftop Bar
    • 0.23 mi🥘Tender
    • 0.23 mi🥘Emporium Brasil Restaurant
    • 0.23 mi☕️europa cafe
    • 0.23 mi☕️Cafe Metro
    • 0.23 mi☕️Starbucks Coffee
    • 0.24 mi☕️Pret A Manger
    • 0.24 mi🥘Friday's
    • 0.26 mi🥘Junior's
    • 0.26 mi☕️Ben&jerry
    • 0.26 mi☕️Starbucks
    • 0.27 mi🥘The Australian
    • 0.28 mi🍺Blaggards Pub
    • 0.28 mi🥘The View Restaurant & Lounge
    • 0.28 mi🥘Dallas BBQ
    • 0.28 mi☕️Starbucks Coffee
    • 0.3 mi🥘Blue Fin
    • 0.3 mi🍺Carragher's
    • 0.3 mi🥘Five Guys
    • 0.31 mi🥘Inakaya
    • 0.31 mi🥘Pera
    • 0.31 mi🥘Wolfgang's Steakhouse
    • 0.31 mi☕️Starbucks Coffee
    • 0.31 mi☕️Starbucks
    • 0.31 mi🥘Del Frisco's
    • 0.31 mi🥘Madison & Vine
    • 0.31 mi🚇BDFM47th-50th Streets - Rockefeller Center
    • 0.31 mi🥘Sammy's House Of BBQ
    • 0.31 mi☕️Starbucks Coffee
    • 0.32 mi🥘Chevys Fresh Mex
    • 0.32 mi🥘John's Pizzeria
    • 0.32 mi🥘The Heavenly Burger
    • 0.32 mi🥘Keens Steakhouse
    • 0.32 mi🥘Urban Space
    • 0.33 mi🥘Salute
    • 0.33 mi🍺Joe coffee
    • 0.33 mi☕️Cafe Edison
    • 0.33 mi☕️Starbucks
    • 0.33 mi🥘Roxy Diner
    • 0.33 mi🥘Connolly's
    • 0.33 mi🥘China Moon
    • 0.34 mi🥘Così
    • 0.34 mi🍺Rum House
    • 0.34 mi🥘Pergola Des Artistes
    • 0.34 mi☕️Toasties
    • 0.34 mi☕️Dough Doughnuts
    • 0.34 mi🥘Sushi-tei
    • 0.34 mi🍺Mad 46
    • 0.34 mi🥘Katsuhama
    • 0.34 mi☕️Cafe K
    • 0.34 mi🥘Iroha
    • 0.34 mi🚇ACE42nd Street - Port Authority Bus Terminal
    • 0.35 mi🥘Franklin and Johnie's Steakhouse
    • 0.35 mi🥘Sushiden
    • 0.35 mi☕️Piccolo Cafe
    • 0.35 mi🍺District Tap House
    • 0.35 mi🥘Friday's
    • 0.35 mi☕️Cafe Bene
    • 0.35 mi🥘Qi Bangkok Eatery
    • 0.35 mi🥘ammos estiatorio
    • 0.35 mi☕️Intelligentsia
    • 0.35 mi🥘Scarlatto
    • 0.36 mi🥘Go!Go! Curry
    • 0.36 mi🍺Maggie's Place
    • 0.36 mi🥘Daniela Trattoria
    • 0.36 mi🥘Glass House Tavern
    • 0.36 mi🍺P.J. Moran's
    • 0.36 mi🍺Playwright Celtic Pub
    • 0.36 mi🍺Vander Bar
    • 0.36 mi🥘Cho Dang Gol
    • 0.36 mi🥘Trattoria Trecolori
    • 0.36 mi☕️Kellogg´s Cafe
    • 0.36 mi☕️Au Bon Pain
    • 0.36 mi🥘Roast Chicken
    • 0.36 mi🥘LA Fonda Del Sol
    • 0.37 mi☕️Moonstruck
    • 0.37 mi🥘The Playwright
    • 0.37 mi🥘Cafe China
    • 0.37 mi🚇NRW49th Street
    • 0.37 mi🥘Izakaya Mew
    • 0.37 mi🥘Grasp Grill
    • 0.37 mi🍺The Shakespeare
    • 0.37 mi☕️Central Cafe
    • 0.38 mi☕️Starbucks
    • 0.38 mi☕️The Beer Bar Cafe Centro
    • 0.38 mi🥘Hyo Dong Gak
    • 0.38 mi🍺Beer Authority
    • 0.38 mi🥘Amorino Gelato
    • 0.38 mi🍺Pig n' Whistle
    • 0.38 mi🥘Grand Central Place
    • 0.38 mi🍺The Mean Fiddler
    • 0.38 mi🥘Hatsuhana
    • 0.38 mi☕️Carve Café
    • 0.39 mi🚗Quik Park
    • 0.39 mi🍺Hurley's
    • 0.39 mi☕️Starbucks Coffee
    • 0.39 mi🥘Pershing Square
    • 0.39 mi🥘Carve: Unique Sandwich
    • 0.39 mi🥘Aoki
    • 0.39 mi☕️Grace Cafe
    • 0.4 mi☕️Andrews Coffee Shop
    • 0.4 mi☕️Starbucks Coffee
    • 0.4 mi🍺The Ginger Man
    • 0.4 mi🚌New York Airport Service
    • 0.4 mi☕️Starbucks
    • 0.4 mi🍺Birdland Jazz Club
    • 0.4 mi☕️Starbucks Coffee
    • 0.4 mi☕️Starbucks Coffee
    • 0.4 mi🥘Pongsri
    • 0.41 mi🍺Caroline's on Broadway
    • 0.41 mi🥘Brasserie Ruhlman
    • 0.41 mi🍺New York Beer Company
    • 0.41 mi🥘TGI Fridays
    • 0.41 mi☕️Naples 45
    • 0.42 mi🥘La Messeria
    • 0.42 mi🥘Capital Grille at Time-Life
    • 0.42 mi🥘Guy Kaku Japanese BBQ
    • 0.42 mi🥘Ted's Montana Grill
    • 0.42 mi🥘2 Bros Pizza
    • 0.42 mi☕️Starbucks
    • 0.42 mi🥘Sushiden
    • 0.42 mi🥘Del Frisco's
    • 0.43 mi☕️Pret a Manger
    • 0.43 mi🚇150th Street
    • 0.43 mi🍺Beer Culture
    • 0.43 mi🥘Bobby Van's Steakhouse - Park Ave
    • 0.43 mi🍺Silverleaf Tavern
    • 0.43 mi🥘Applebee's
    • 0.43 mi🥘Teresa's
    • 0.43 mi☕️Starbucks Coffee
    • 0.44 mi🚇S456742nd Street-Grand Central
    • 0.44 mi☕️Starbucks Coffee
    • 0.44 mi🥘Le Bernardin
    • 0.44 mi🥘Joe Allen
    • 0.44 mi🍺Park Avenue Tavern
    • 0.44 mi🍺The Distinguished Wakamba Lounge
    • 0.44 mi🥘Nanking
    • 0.44 mi🥘Bill's Bar & Burger
    • 0.45 mi🍺The Houndstooth Pub
    • 0.45 mi🚗Icon
    • 0.45 mi🍺Social Lounge
    • 0.46 mi🥘Natsumi
    • 0.46 mi🥘Ellen's Stardust Dinner
    • 0.46 mi🥘Fresh From Hell
    • 0.46 mi🥘Times Square Diner e Grill
    • 0.47 mi☕️Starbucks Coffee
    • 0.47 mi🍺West End Bar & Grill
    • 0.47 mi🥘West End Bar & Grill
    • 0.47 mi🍺Rooftop Bar
    • 0.47 mi🥘Kung Fu Little Steamed Buns
    • 0.47 mi☕️Frisson Espresso
    • 0.48 mi🥘Patzeria Family & Friends
    • 0.48 mi☕️Starbucks
    • 0.48 mi🥘Bill's Bar & Burger

    Neighborhood

    Bryant Park

      Bryant Park, a rapidly growing neighborhood at the heart of Manhattan, has transformed into a highly sought-after location to start or grow a business. Though the park is well-known by tourists and in popular culture as the site of Bank of America Winter Village, that’s only one of the many features of Bryant Park. After all, Bryant Park is part of Midtown Manhattan, the world’s largest central business district.

    Bryant Park houses offices for a variety of companies, such as law firms, textile companies, and software manufacturers. Notably, software company Salesforce.com works out of Salesforce Tower New York in Bryant Park. In addition, Bank of America has offices in the Bank of America Tower—the fifth tallest building in New York City—at One Bryant Park.

    Bryant Park Office Space | Lease Data & Trends

    When it comes to the commercial real estate market, Bryant Park is considered part of the Midtown Manhattan submarket. Midtown Manhattan offers more than 282.6 million square feet of office space, and right now, about 7% of it is vacant and available for new tenants. Developers are currently adding about 17 million more square feet of office space in Midtown Manhattan.

    The average asking rent in Midtown Manhattan is just over $86 per square foot, which is more expensive than the New York City average of $81 per square foot. Midtown Manhattan has more class A space than class B. Class A office space rents are about $93 per square foot while class B space is significantly cheaper, at just under $64 per square foot.

     

     

    Crystal City Commercial Space For Lease | By the numbers

    Office Space for Rent ($/sqft)Class AClass B
    Garment$104$60
    Gramercy Park$106$65
    Grand Central$78$62

     

    What Our Brokers Say About Bryant Park

    Bryant Park rests between Fifth Avenue and Sixth Avenue and between 40th Street and 42nd Street. Times Square lies just to the west; the Garment District to the southwest; Murray Hill to the east; and the Rockefeller Center to the north. The not-for-profit organization Bryant Park Corporation manages Bryant Park, even though the park is also part of the New York City Department of Parks and Recreation. Bryant Park, the most densely populated park on the planet, boasts low crime rates, a calm and quiet vibe, and a beautiful and clean environment. It was the first area of New York City to provide free Wi-fi, and it also has public bathrooms.

    Bryant Park is very beautiful and pedestrian-friendly and offers plenty of public transportation options like the rest of New York City. The 42nd Street-Bryant Park/Fifth Avenue station complex is conveniently located on 42nd street in Bryant Park. Travelers can take trains 7, D, F, M, and B from this station. For access by bus, express buses to Staten Island, Brooklyn and Queens stop directly at the park. Additionally, The Port Authority Bus Terminal is located nearby at Eighth Avenue and and 41st Street providing access to points beyond New York. The closest airport to Bryant Park is LaGuardia Airport (LGA), which is only about 20 minutes away by car. Frequent bus service to Newark Liberty International Airport and JFK also stop at the park providing quick and convenient travel options for the budget conscious business traveler.

    Surrounding the park is a grand collection of impressive office buildings. The aforementioned Salesforce Tower, formerly called 3 Bryant Park, was originally the headquarters for New York Telephone. Since then, insurance giant MetLife, Lloyds Banking Group, Whole Foods Market, Apollo Global Management, and Equinox Jewelry have rented or still rent space in Salesforce Tower. Along with the Bank of America Tower—the seventh tallest building in the nation—Bryant Park also houses 7 Bryant Park, a 30-story office tower at the intersection of Bryant Park and Avenue of Americas. W. R. Grace Building, located at Sixth Avenue, provides office space for Bain & Company, Cooley, and People’s Bank of China, among other tenants.

    Working in Bryant Park has many perks. Need to escape the four walls of your office building and take a stroll for inspiration? Just step outside and explore the lawn, the gardens, and the various pieces of artwork in Bryant Park. People commonly eat lunch in the park when weather allows. If you need to do research, just walk to the Main Branch of the New York Public Library right inside the park. Need a bite to eat or want to schedule a relaxed business meeting? Just check out one of these Yelp-recommended business lunch destinations: Calle Dao, Between the Bread, or Tabletime.

    Bryant Park Neighborhood History

    Bryant Park earned its designation as a public space all the way back in 1686, when New York’s governor at the time, Thomas Dongan, deemed it so. Years later, in 1823, Bryant Park served as a graveyard for the poor. It did not become a park until 1847, when Reservoir Square, named after the adjacent Croton Distributing Reservoir, opened to the public.

    Reservoir Square got a new name in 1884—Bryant Park—after William Cullen Bryant, the editor of the New York Evening Post. Soon after, developers began constructing the New York Public Library, which still stands in modern-day Bryant Park. Over the years, the park suffered neglect, experienced partial revitalization, and even served as the site of a rally attended by 40,000 people trying to end the War in Vietnam.

    The future of the park changed in a very dramatic and permanent way with the establishment of the Bryant Park Restoration Corporation (BPRC) in 1980. Dan Biederman, together with Andrew Heiskell—who chaired Time Inc.—charged the BPRC with the task of revitalizing the park into a safe, productive, and beautiful place people would want to explore. The BPRC improved park paths, installed lights, set up gardens, added new entrances, and even added public restrooms. The new and improved Bryant Park reopened in 1992.

     

    Busy Bryant Park GreeneryCabs near Bryant ParkView of Office Buildings from Bryant Park

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