brandsquarefoot

1330 Avenue of the Americas

Plaza District

New York, NY 10019

  • 250 - 16,400 sqft
  • inquire for pricing

Building Details

  • Attended Lobby✔︎
  • Turnstile✔︎
  • 24/7 Access✔︎
  • Walk Score®99
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  • Availability

    UnitSizePriceInquire
    4th Floor - Suite250 sqftInquire for pricing
    28th Floor - Suite250 sqftInquire for pricing
    23rd Floor - 23A Suite600 sqftInquire for pricing
    36th Floor2,130 sqftInquire for pricing
    10th Floor3,097 sqftInquire for pricing
    6th Floor3,175 sqftInquire for pricing
    6th Floor3,175 sqftInquire for pricing
    10th Floor3,362 sqftInquire for pricing
    36th Floor - C Suite3,791 sqftInquire for pricing
    Office Space4,000 sqftInquire for pricing
    22nd Floor4,427 sqftInquire for pricing
    26th Floor - A Suite4,525 sqftInquire for pricing
    35th Floor - B Suite4,539 sqftInquire for pricing
    24th Floor4,544 sqftInquire for pricing
    27th Floor - B Suite4,669 sqftInquire for pricing
    33rd Floor - Suite4,670 sqftInquire for pricing
    5th Floor4,748 sqftInquire for pricing
    21st Floor4,851 sqftInquire for pricing
    22nd Floor - Suite5,172 sqftInquire for pricing
    30th Floor - Suite5,837 sqftInquire for pricing
    24th Floor - Suite5,875 sqftInquire for pricing
    9th Floor6,096 sqftInquire for pricing
    9th Floor6,553 sqftInquire for pricing
    9th Floor - C Suite6,553 sqftInquire for pricing
    5th Floor - Suite8,537 sqftInquire for pricing
    6th Floor - C Suite8,565 sqftInquire for pricing
    16th Floor10,000 sqftInquire for pricing
    32nd Floor - Entire Suite10,400 sqftInquire for pricing
    31st Floor - Suite10,400 sqftInquire for pricing
    34th Floor - Suite10,400 sqftInquire for pricing
    28th Floor - Suite10,400 sqftInquire for pricing
    33rd Floor - Suite10,400 sqftInquire for pricing
    29th Floor - Suite10,400 sqftInquire for pricing
    25th Floor - Suite10,400 sqftInquire for pricing
    29th Floor10,400 sqftInquire for pricing
    25th Floor10,400 sqftInquire for pricing
    30th Floor10,400 sqftInquire for pricing
    Space - Suite10,400 sqftInquire for pricing
    25th Floor10,600 sqftInquire for pricing
    35th Floor - Suite10,600 sqftInquire for pricing
    8th Floor - Suite16,300 sqftInquire for pricing
    12th Floor - Suite16,300 sqftInquire for pricing
    8th Floor16,300 sqftInquire for pricing
    7th Floor16,400 sqftInquire for pricing
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    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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