233 Broadway

The Woolworth Building

New York, NY 10279

  • 668 - 32,076 sqft
  • ~$53/sqft

Building Details

  • Attended Lobby✔︎
  • 24/7 Access✔︎
  • Owner/Leasing ManagerWitkoff Group
  • Floors57
  • ArchitectCass Gilbert
  • Walk Score®100
  • Year Built2000

The Woolworth Building was established in 1913 and stands at 792 ft. with 57 floors. The Woolworth is located at 233 Broadway at Barclay Street in the [Financial District Manhattan] ( Cass Gilbert designed the building and he designed the tower to be seen as a freestanding skyscraper, so all four sides were treated architecturally. When he was designing the Woolworth Building, he wanted to incorporate Gothic themes with the modern idea of a skyscraper. The result, termed Gothic Revival, features gargoyles, arches and flying buttresses. The straight lines of the piers end are decorated with turrets, gargoyles, colored terracotta panels, and pinnacles. The lobby in the Woolworth has a Romanesque design covered in Skyros veined marble, stained-glass skylight, bronze furnishings, mosaics, and barrel vaulted ceilings. Also, there are sculpted caricatures of Frank Woolworth, Cass Gilbert and Louis Horowitz, the builder.
The building was dubbed the Cathedral of Commerce upon its completion. Retail magnate Frank W. Woolworth paid $13.5 million cash out of his pocket for the building. It was the worlds tallest building for 17 years (19131930), until the Trump Building surpassed it. It was the most recognizable skyscraper in the world until the Chrysler Building was completed in 1930. A $20 million renovation was made between 1977 and 1981 by the Ehrenkrantz Group, in which much of the Terracotta was replaced with cast stone and removal of many gothic ornaments. The lower U-shaped part of the building is 29 stories high. The high-speed elevators were innovative, and the building’s high office to elevator ratio made the structure profitable. In 2012, Alchemy Properties, and investment group, bought the top 30 floors of the landmark for $68 million and planned to lease them as office space.

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  • Availability

    18th Floor668 sqft$2,950 /mo est
    Ground1,114 sqft$4,920 /mo est
    Ground1,114 sqft$4,920 /mo est
    22nd Floor1,488 sqft$6,572 /mo est
    22nd Floor1,488 sqft$6,572 /mo est
    17th Floor1,695 sqft$7,486 /mo est
    17th Floor1,695 sqft$7,486 /mo est
    Office Space2,073 sqft$9,155 /mo est
    22nd Floor2,364 sqft$10,441 /mo est
    22nd Floor2,364 sqft$10,441 /mo est
    17th Floor2,370 sqft$10,467 /mo est
    17th Floor2,370 sqft$10,467 /mo est
    20th Floor2,858 sqft$12,622 /mo est
    20th Floor2,858 sqft$12,622 /mo est
    28th Floor (B)3,388 sqft$14,963 /mo est
    08 - Portion3,444 sqft$15,211 /mo est
    8th Floor3,444 sqft$15,211 /mo est
    Lower Level5,000 sqft$22,083 /mo est
    Lower Level Suite5,000 sqft$22,083 /mo est
    Lower Level5,000 sqft$22,083 /mo est
    18th Floor5,133 sqft$22,670 /mo est
    18th Floor5,133 sqft$22,670 /mo est
    Office Space5,716 sqft$25,245 /mo est
    Office Space6,434 sqft$28,416 /mo est
    28th Floor (A)6,850 sqft$30,254 /mo est
    13th Suite28,098 sqft$124,099 /mo est
    16th Suite28,098 sqft$124,099 /mo est
    15 - Entire28,098 sqft$124,099 /mo est
    14th Suite28,098 sqft$124,099 /mo est
    16 - Entire28,098 sqft$124,099 /mo est
    15th Floor28,098 sqft$124,099 /mo est
    16th Floor28,098 sqft$124,099 /mo est
    5th Floor32,076 sqft$141,669 /mo est
    05 - Entire32,076 sqft$141,669 /mo est
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    Financial District

    The Financial District, nicknamed FiDi, is widely considered the leading financial center of the world. It houses many of New York City’s financial institutions–banks, insurance companies and other large corporations–such as the New York Stock Exchange and the Federal Reserve Bank of New York.

    Giants such as Goldman Sachs, Deutsche Bank and American Express already work out of the Financial District, as do many startups and mature mid-size firms. Given the available inventory and low asking rents, the Financial District has appeal to a range of businesses outside the financial services world.

    Financial District Office Space | Lease Data & Trends

    FiDi has some of the most affordable office space in Lower Manhattan. On average, Financial District office rent comes out to $53 per square foot and $57 for office space in a Class A building. These are significantly cheaper than average asking rents in popular neighborhoods such as Flatiron District, Plaza District, Hudson Square, Chelsea, and SoHo. With a vacancy rate of 12.3%, above the city average of 10%, there’s plenty of available spaces to choose from.

    What Our Brokers Say

    Offices in the Financial District, Water Street Corridor, and World Trade Center enjoy a range of convenient public transit options. Commuters can take the 1, 2, 3, 4, 5, 6, A, C, E, R, W, J, and Z trains, the Staten Island Ferry, East River Ferry, or the PATH Train.

    More than 25 percent of working individuals in the Financial District work in finance or insurance. During the day, FiDi comes to life with thousands of young professionals climbing the corporate ladder and tourists seeing the sights; at night, it tends to become calm and quiet compared to other areas of the city. More than 48,000 people live in the Financial District, and the average household income is $191,807. Almost half of residents hold a college degree, and more than 30 percent have a graduate degree as well.

    The neighborhood is perhaps best known for Wall Street, where workers earn 21.9 percent of wages of all of NYC. Geographically, Wall Street is an eight-block-long street located between Broadway and South Street. People tend to use the term “Wall Street” to discuss the United States’ financial markets and industries overall. You can find companies such as Morgan Stanley, Citigroup and JPMorgan Chase, among other big names crunching numbers on Wall Street. Many startups are leaving Midtown to take advantage of the cheaper rents, including VC-backed, Olo, Namely, and LifeBEAM.

    Get to Know the Neighborhood

    The Financial District is one of Manhattan’s oldest neighborhoods. If you want a break from the stresses of work, check out the South Street Seaport, a historic district with shopping, gorgeous views of the Brooklyn Bridge, New York City’s first luxury movie theater and plenty of places to eat. Looking for a place to meet up with a client? Popular business lunch destinations in the Financial District are the Blue Ribbon Federal Grill, Broadstone Bar & Kitchen, and Trinity Place.

    The Statue of Liberty, a famous tourist destination on Ellis Island, overlooks the Financial District. View it across the channel from Manhattan or take a Statue Cruise across the channel to see one of the country’s most popular landmarks up close. France gave the USA the 152-foot high iconic landmark in 1886.


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