brandsquarefoot

1166 Avenue of the Americas

Plaza District

New York, NY 10036

  • 900 - 39,075 sqft
  • inquire for pricing

Building Details

  • Floors44
  • Walk Score®100
  • Year Built1974
  • Noise Index0.57

BEAUTIFULLY FURNISHED
High – end INSTALLATION WITH SPECTACULAR LIGHT AND CITY VIEWS

Key Details:&;

  • 36 perimeter offices,
    11 interior offices, 1 large executive office, 92 workstations and 3 (10+)
    person conference rooms.&;
  • Impressive executive boardroom accommodating seating
    for 22 people with additional capacity.&;
  • Trading room with 15 stations plus 3
    additional private offices and 1 executive corner office.
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  • Availability

    UnitSizePriceInquire
    Space - Suite900 sqftInquire for pricing
    10th Floor39,075 sqftInquire for pricing
    • 0.09 mi☕️Gregory Coffee
    • 0.09 mi☕️Pret A Manger
    • 0.09 mi🚗Hippodrome Parking
    • 0.1 mi🍺O'Lunney's
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    • 0.1 mi🥘St. Andrew's
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    • 0.1 mi🍺Haven Rooftop Bar
    • 0.11 mi🥘The Lambs Club
    • 0.12 mi🍺Jimmy's Corner
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    • 0.13 mi🥘Havana Central
    • 0.13 mi☕️Starbucks Coffee
    • 0.13 mi🍺BXL Cafe
    • 0.13 mi☕️FreeFoods
    • 0.14 mi🥘Emporium Brasil Restaurant
    • 0.14 mi🥘Planet Hollywood
    • 0.15 mi🥘Virgil's Real BBQ
    • 0.15 mi🥘Buca di Beppo
    • 0.16 mi🥘Tony's
    • 0.16 mi☕️Starbucks
    • 0.16 mi🥘Friday's
    • 0.17 mi🚇BDFM47th-50th Streets - Rockefeller Center
    • 0.17 mi🥘Del Frisco's
    • 0.17 mi🥘Brooklyn Diner - Time Square
    • 0.18 mi🚇BDFM42nd Street - Bryant Park
    • 0.18 mi☕️Starbucks Coffee
    • 0.18 mi☕️Breads bakery
    • 0.19 mi☕️Waffels and dinges
    • 0.2 mi🥘Bubba Gump Shrimp Co.
    • 0.21 mi☕️Starbucks Coffee
    • 0.21 mi☕️europa cafe
    • 0.21 mi🚇S42nd Street -Times Square
    • 0.21 mi☕️Le Pain Quotidien
    • 0.21 mi🥘Hard Rock Cafe
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    • 0.22 mi🥘Blue Fin
    • 0.22 mi🥘Iroha
    • 0.22 mi☕️Europa Cafe
    • 0.22 mi🚇75th Avenue
    • 0.22 mi🥘Carmine's
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    • 0.23 mi🥘Ootoya
    • 0.24 mi☕️Ben&jerry
    • 0.24 mi🥘The View Restaurant & Lounge
    • 0.24 mi☕️FIKA Bryant Park
    • 0.24 mi🥘Junior's
    • 0.24 mi🥘Friday's
    • 0.24 mi🥘The Counter
    • 0.24 mi☕️Toasties
    • 0.25 mi🚇NRW49th Street
    • 0.25 mi☕️Cafe K
    • 0.25 mi🥘Roast Chicken
    • 0.25 mi☕️Southwest Porch
    • 0.25 mi🥘The Playwright
    • 0.25 mi🥘China Moon
    • 0.26 mi☕️Kellogg´s Cafe
    • 0.26 mi☕️Cafe Edison
    • 0.26 mi🥘Wolfgang's Steakhouse
    • 0.26 mi🥘Connolly's
    • 0.26 mi🍺P.J. Moran's
    • 0.26 mi☕️Cofeed
    • 0.26 mi🥘Ruby Tuesday
    • 0.26 mi🥘Sushi-tei
    • 0.26 mi🥘Bryant Park Grill
    • 0.26 mi🥘Katsuhama
    • 0.27 mi🍺Rum House
    • 0.27 mi☕️Starbucks Coffee
    • 0.27 mi🥘Mexicue
    • 0.27 mi🥘Capital Grille at Time-Life
    • 0.28 mi🥘Ted's Montana Grill
    • 0.28 mi🥘Brasserie Ruhlman
    • 0.28 mi☕️Le Pain Quotidien
    • 0.28 mi🥘Red Lobster
    • 0.28 mi🥘Grasp Grill
    • 0.28 mi🚇12342nd Street - Times Square
    • 0.28 mi🥘TGI Fridays
    • 0.29 mi🚇12342nd Street - Times Square
    • 0.29 mi🍺Maggie's Place
    • 0.29 mi🥘Del Frisco's
    • 0.29 mi🚇12342nd Street - Times Square
    • 0.29 mi🚇12342nd Street - Times Square
    • 0.29 mi🚗Quik Park
    • 0.29 mi🚇NQRW42nd Street - Times Square
    • 0.29 mi🥘Scarlatto
    • 0.29 mi🚇742nd Street - Times Square
    • 0.29 mi☕️Starbucks Coffee
    • 0.29 mi🥘Teresa's
    • 0.29 mi☕️Au Bon Pain
    • 0.29 mi🍺Caroline's on Broadway
    • 0.29 mi☕️Andaz
    • 0.29 mi☕️Cafe Metro
    • 0.29 mi🥘Hatsuhana
    • 0.3 mi🥘Glass House Tavern
    • 0.3 mi🥘Pergola Des Artistes
    • 0.3 mi🥘Le Bernardin
    • 0.3 mi🍺Mad 46
    • 0.3 mi🥘Trattoria Trecolori
    • 0.3 mi☕️Starbucks
    • 0.31 mi🍺Hurley's
    • 0.31 mi🥘Bill's Bar & Burger
    • 0.31 mi🥘Heartland Brewery
    • 0.31 mi🥘Aoki
    • 0.31 mi🥘Applebee's
    • 0.31 mi🥘Sammy's House Of BBQ
    • 0.31 mi🚇150th Street
    • 0.31 mi🥘Così
    • 0.32 mi🥘John's Pizzeria
    • 0.32 mi☕️Mangia Organic
    • 0.32 mi🥘Sushiden
    • 0.32 mi🥘Nanking
    • 0.32 mi🥘Franklin and Johnie's Steakhouse
    • 0.32 mi🍺The Mean Fiddler
    • 0.32 mi🥘Dallas BBQ
    • 0.33 mi☕️Dough Doughnuts
    • 0.33 mi🥘Urban Space
    • 0.33 mi🥘Pongsri
    • 0.33 mi🍺Playwright Celtic Pub
    • 0.33 mi🥘Daniela Trattoria
    • 0.33 mi🍺EVR NYC
    • 0.33 mi🥘La Messeria
    • 0.33 mi🍺Vander Bar
    • 0.33 mi🥘Roxy Diner
    • 0.34 mi🥘Carve: Unique Sandwich
    • 0.34 mi🥘ammos estiatorio
    • 0.34 mi☕️Pret a Manger
    • 0.34 mi🥘Ellen's Stardust Dinner
    • 0.34 mi☕️Starbucks
    • 0.34 mi☕️Starbucks Coffee
    • 0.35 mi☕️Starbucks
    • 0.35 mi☕️Starbucks
    • 0.35 mi🥘Five Guys
    • 0.35 mi🥘Amorino Gelato
    • 0.35 mi☕️Starbucks
    • 0.36 mi🥘Chevys Fresh Mex
    • 0.36 mi🥘Natsumi
    • 0.36 mi☕️Carve Café
    • 0.36 mi🍺21 Club
    • 0.36 mi🥘Pera
    • 0.36 mi☕️The Beer Bar Cafe Centro
    • 0.37 mi🥘Bill's Bar & Burger
    • 0.37 mi🚗Icon
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    • 0.37 mi☕️Starbucks Coffee
    • 0.37 mi🍺Joe coffee
    • 0.37 mi🥘LA Fonda Del Sol
    • 0.37 mi🥘Fogo de chao
    • 0.38 mi🥘Qi Bangkok Eatery
    • 0.38 mi☕️Starbucks Coffee
    • 0.38 mi🚇ACE42nd Street - Port Authority Bus Terminal
    • 0.38 mi🍺Social Lounge
    • 0.38 mi🍺Rosie O'Grady's Saloon
    • 0.39 mi🥘Inakaya
    • 0.39 mi🥘Times Square Diner e Grill
    • 0.39 mi🍺West End Bar & Grill
    • 0.39 mi🚗Icon
    • 0.39 mi☕️Starbucks
    • 0.39 mi🥘The Heavenly Burger
    • 0.39 mi🥘West End Bar & Grill
    • 0.39 mi☕️Starbucks Coffee
    • 0.39 mi☕️Starbucks
    • 0.39 mi🥘Kung Fu Little Steamed Buns
    • 0.4 mi🥘Bobby Van's Steakhouse - Park Ave
    • 0.4 mi☕️Naples 45
    • 0.4 mi🍺Rooftop Bar
    • 0.4 mi🍺Birdland Jazz Club
    • 0.4 mi🥘The Modern - The Bar Room
    • 0.4 mi🥘The Australian
    • 0.4 mi🥘Joe Allen
    • 0.41 mi🍺Blaggards Pub
    • 0.41 mi🥘Patzeria Family & Friends
    • 0.41 mi🍺New York Beer Company
    • 0.41 mi🍺Carragher's
    • 0.41 mi🥘Sosa Borella
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    • 0.41 mi🚗Champion
    • 0.41 mi🥘Guy Kaku Japanese BBQ
    • 0.41 mi🥘Maloney & Porcelli
    • 0.42 mi🍺Beer Culture
    • 0.42 mi🥘Fresh From Hell
    • 0.42 mi☕️Central Cafe
    • 0.42 mi🥘Salute
    • 0.42 mi🚇CE50th Street
    • 0.42 mi🍺McHale's Pub
    • 0.43 mi☕️Piccolo Cafe
    • 0.43 mi🥘Pershing Square
    • 0.43 mi🚇EM53rd Street-5th Avenue
    • 0.43 mi🚇BDE7th Avenue
    • 0.43 mi☕️Frisson Espresso
    • 0.44 mi🍺Connolly's
    • 0.44 mi🥘Grand Central Place
    • 0.44 mi🥘Mozzarella & Vino
    • 0.44 mi☕️Starbucks Coffee
    • 0.44 mi🍺Old Castle
    • 0.44 mi🍺Russian Samovar Piano Bar & Restaurant
    • 0.44 mi🍺The Irish Pub
    • 0.44 mi☕️Starbucks
    • 0.44 mi🚌New York Airport Service
    • 0.45 mi☕️Financier
    • 0.45 mi☕️Café Metro
    • 0.45 mi🥘Sushi of Gari
    • 0.45 mi☕️Le Pain Quotidien
    • 0.45 mi🥘Burger Heaven
    • 0.46 mi🍺The Shakespeare
    • 0.46 mi☕️Starbucks
    • 0.47 mi🚇S456742nd Street-Grand Central
    • 0.47 mi🥘Bistro Milano
    • 0.47 mi🥘Benoit
    • 0.47 mi🥘Il Corso
    • 0.47 mi🥘La Bonne Soupe
    • 0.47 mi☕️Starbucks Coffee
    • 0.48 mi🚗Alpha Garage

    Neighborhood

    Plaza District

    The Plaza District is anchored by the southeast corner of Central Park. Most agree that the district is defined between the East River and Seventh Avenues, with 65th and 42nd streets as its North-South borders. The Plaza District derives its name from the landmark 19th-century Plaza Hotel and the Grand Army Plaza. The district is home to many famous buildings and landmarks, including Radio City Music Hall, Rockefeller Plaza, the Chrysler Building, and MoMa.

    Midtown Manhattan is the largest central business district in the world, and the Plaza District boasts some of the most premier commercial real estate in the city. Its tall buildings primarily provide office space for holding companies, investment groups, media groups, consulting firms, accounting firms, and hedge funds. Two-thirds of hedge funds lease NYC office space in the Plaza District.

    Notable Plaza District tenants include Deloitte, Accenture, Mizuho Americas, Bloomberg Media, Colgate-Palmolive, JP Morgan, Pfizer, Cisco Systems, Fox News, and NBC Studios.

    SquareFoot's NYC Market Report

     

    Plaza District Office Space | Lease Data & Trends

    The Plaza District sees a range of asking rents and holds a Class A average of more than $95 per square foot, around $10 per square foot more expensive than the Midtown average. Many upper floors — especially those with views of Central Park — can lease for up to $200 per square foot, and many of the most expensive Plaza District buildings (such as the SoLow and General Motors Buildings) have an average asking rent of $140+ per square foot.

    The cost of office space is largely determined by location, building class, lease terms and length, and renovation costs. Not sure about the differences between Class A and Class B office spaces? What about gross lease, triple net leases, and tenant improvement allowance? A licensed tenant broker will leverage these factors to negotiate your lease, but if you want to learn more for yourself, check out our Leasopedia.

     

    What Our Brokers Say About Plaza District Office Space for Rent

    Inventory stands at nearly 102,000,000 square feet, with vacancy around 10%. As some tenants such as Blackrock choose to leave the Plaza District for Hudson Yards, vacancy is expected to go up. The Plaza District is ideal for small to mid-size financial services. Between 2015 and 2017, 65% of signed leases for less than 20,000 square feet in Midtown were concentrated in the Plaza District.

    Co-working spaces are also finding their way into the Plaza District. WeWork has four Plaza District locations and signed a lease at the beginning of 2018 for a 400,000 square foot office space at 750 Lexington Ave. NYC Office Suites has 75,000 square feet covering three floors in the LOVE Building, and Grand Central Tech resides at 335 Madison Ave. Plaza District is also an ideal location for any business that interacts with the United Nations ecosystem of organizations, which are mostly based in Midtown East and Murray Hill.

     

    Plaza District Neighborhood History

    Construction above 42nd Street soared in the 1920s after the completion of Grand Central Station. Thirty new skyscrapers went up in 1927 alone, and Midtown’s reputation as the epicenter of business in New York City only continued to solidify throughout the 20th century.

    Unlike the up-and-coming neighborhoods that value repurposing old warehouses and factories into work spaces, the majority of older buildings in the Plaza District were designed with businesses in mind. There has been little to no large-scale construction in recent years, although landlords are starting to issue significant renovations to attract the younger workforce.

     

    Getting Around the Plaza District

    The Plaza District provides a variety of transportation options for easy commuting around the city,with Grand Central Station as the primary hub in the south-east corner of the district. Subway lines B, D, F, M, 1, N, Q, R as well as bus lines M1, M2, M3, M4, M5, M7, and M50 service the area. Suburban commuters take the Metro North from Westchester, Putnam, and Dutchess Counties, and much of Connecticut. Taxis are readily available to drive you to your next destination.

    The Plaza District has heavy foot traffic. From the north, employees can enjoy walking or biking to work through Central Park. There are also bike lanes on Second Avenue (southbound) and First Avenue (northbound).

    Nearby neighborhoods include: Columbus Circle, Times Square, Park Avenue, and Fifth-Madison.

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