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555 West 57th Street

The BMW Building

New York, NY 10019

  • 21,731 - 29,326 sqft
  • inquire for pricing

Building Details

  • Attended Lobby✔︎
  • 24/7 Access✔︎
  • Owner/Leasing ManagerGreen W 57th St LLC
  • Floors20
  • Height264 feet
  • Wired CertificationSilver
  • Walk Score®97
  • Year Built1973
  • Noise Index0.84

The Ford Motor Company Building is located on 555 West 57th Street, New York, NY 10019, between 56th Street and 57th Street. The structure was completed in 1923, tops out at 12 stories, reaches a height of 158 feet, and contains over 58,300 square feet of office space for rent. Because 555 W 57th St is a smaller structure, the size makes it better suited for smaller organizations that are not expecting too much near-term expansion. Smaller buildings are typically also easier to navigate and tenants often benefit from closer relationships with their landlords or building management, although they are often older in age. The Ford Motor Company Building has been renovated at numerous time throughout its tenure. The improvements have served to improve the office space to modern standards as well as keep building lobby and infrastructure functional and up-to-date. 555 West 57th Street is located in Midtown, which is Manhattan’s premier business district. Midtown Manhattan features a huge amount of commercial real estate and is one of the most densely populated pieces of land in the world. There are a huge number of skyscrapers, hotels, restaurants, retailers, bus stops, and train stations that saturate the neighborhood with high quality tenants and both native and tourist foot traffic. The result is a great selection of office space for tenants, and huge foot traffic numbers for retailers. The Ford Motor Company Building is highly accessible thanks to New York City’s extensive bus and train network. The Metropolitan Transit Authority (MTA) features a huge bus network which make nearly all portions of the city accessible. In addition, the building lies in close proximity to the MTA’s yellow, orange, and blue subway lines. These transportation options help make the building easily accessible.

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  • Availability

    UnitSizePriceInquire
    Partial 18th Floor21,731 sqftInquire for pricing
    Partial 17th Floor29,326 sqftInquire for pricing
    • 0.06 mi🥘Hudson Eatery
    • 0.13 mi🥘Jake's saloon
    • 0.13 mi🥘Justino's Pizza
    • 0.14 mi🥘Boston Market
    • 0.14 mi🥘Fresco 57
    • 0.15 mi🌲West 59th Street Recreation Center
    • 0.15 mi☕️Rex
    • 0.15 mi☕️Starbucks
    • 0.16 mi🥘Beijing
    • 0.16 mi🥘Strokos
    • 0.16 mi🥘Thailand Restairant
    • 0.19 mi🥘Olympic Flame Diner
    • 0.19 mi☕️FIKA Tower & Bakery
    • 0.25 mi💪Planet Fitness
    • 0.25 mi🚗Allie II parking
    • 0.26 mi🌲Oasis Garden
    • 0.3 mi🥘Terakawa Ramen
    • 0.3 mi🥘Bello
    • 0.3 mi🥘Flame
    • 0.3 mi🥘Masseria deo Vini
    • 0.32 mi☕️Starbucks
    • 0.34 mi🍺Valhalla
    • 0.36 mi🥘Bocca Di Bacco
    • 0.36 mi🥘Georgio's Country Grill
    • 0.37 mi🥘123 Burger
    • 0.37 mi🥘Mee
    • 0.38 mi🥘Alfie's
    • 0.39 mi🍺Brickyard Gastropub
    • 0.39 mi🥘eatery
    • 0.39 mi🍺AS IS
    • 0.4 mi🥘La Silhouette
    • 0.41 mi🚗24 Hour Parking
    • 0.41 mi🥘ABA Turkish Restaurant
    • 0.41 mi🍺Red Cork
    • 0.42 mi🥘Rosa Mexicano
    • 0.42 mi☕️Starbucks Coffee
    • 0.42 mi🥘Sushi Damo
    • 0.42 mi☕️Kahve
    • 0.43 mi🥘Island Burger and Shakes
    • 0.43 mi🥘Toto ramen
    • 0.43 mi🥘Pure Thai Cookhouse
    • 0.43 mi🥘Bareburger
    • 0.44 mi☕️Starbucks
    • 0.44 mi🥘Masa
    • 0.44 mi🥘Per Se
    • 0.44 mi🍺Industry
    • 0.44 mi🍺Providence
    • 0.44 mi💪Equinox
    • 0.44 mi🥘Blue Ribbon
    • 0.44 mi🥘Arias Hell's Kitchen
    • 0.45 mi🥘Lincoln Ristorante
    • 0.45 mi🥘Ed's Chowder House
    • 0.45 mi🥘Sapphire
    • 0.45 mi🍺YAy
    • 0.45 mi☕️Starbucks
    • 0.45 mi☕️Starbucks Coffee
    • 0.45 mi🥘Porter House Bar and Grill
    • 0.46 mi☕️Starbucks Coffee
    • 0.46 mi☕️Blucafé
    • 0.48 mi🥘The Smith
    • 0.49 mi🌲Milstein Plaza
    • 0.49 mi🥘Café Fiorello

    Neighborhood

    Columbus Circle

    Located at the southwest corner of Central Park, the neighborhood of Columbus Circle spans a handful of blocks surrounding the traffic circle by the same name. A monument of Christopher Columbus stands at the center of the traffic circle, inspiring the name. Columbus Circle functions as the geographic center of New York City and is a heavily trafficked area that has undergone multiple renovations throughout the years to improve traffic around the circle.

    The most recent renovation occurred between 2003-2005 and included a new water fountain as well as the addition of plenty of benches and greenery. Columbus Circle offers a desirable Midtown West location near Central Park, the Upper West Side, Rockefeller Center, and Times Square at just-above-average Midtown prices.

    Columbus Circle Office Space | Lease Data & Trends

    Nearly three-quarters of the 24 million square feet of Columbus Circle office space is Class A inventory, with options ranging from executive suites to entire floors in prominent buildings. The area has a low vacancy rate of 7.5% (the Manhattan average is 10%), and there is very little new inventory under construction.

    Despite its small size, the average Columbus Circle office space rent is greater than about half of the other Midtown submarkets due to its prime location. Class A office space in Columbus Circle rents at an average of $78 per square foot. Class B properties rent at much lower prices, with an average closer to $61.

    nyc-office-space-rent-prices

    What Our Brokers Say

    Many banks, business management consultants, real estate consultants, and stockbrokers operate in the area. Other notable companies leasing office space in Columbus Circle include Hearst Media (which occupies Hearst Tower), Penguin Random House, PDT Partners, Young & Rubicam, Rhodium Group, and Red Fuse Communications.

    Time Warner Center anchors Columbus Circle on the west side. In addition to the corporate headquarters of Time Warner, CNN’s NYC headquarters and Related Companies, the largest private real estate developer currently developing Hudson Yards, both lease office space in Time Warner Center. The ground floors house the Shops at Columbus Circle mall and a Whole Foods. The Shops at Columbus Circle is home to major retailers such as Amazon Books, MAC Cosmetics, Swarovski, Williams-Sonoma, and Coach.

    Emerge212 has a location at 3 Columbus Circle, providing office space for a variety of new and established businesses in the 29-story Class A building.

    Getting Around Columbus Circle

    The Columbus Circle-59th Street subway station is the eighth busiest station in NYC and located underneath Columbus Circle. The station provides access to the 1, 2, A, B, C, and D trains. Bus lines serving the neighborhood include M5, M7, M10, M20, and M104.

    Although the neighborhood is centered around a traffic circle, driving in the area is not a popular option due to heavy traffic. Commuting by foot, bus, or subway are the preferred methods of transportation.

    Columbus Circle Neighborhood & History

    Designed in 1857, Columbus Circle was initially a continuation of the vision for Central Park. The traffic circle faces the Merchant’s Gate entrance to Central Park on its northeast side. The installation of the Christopher Columbus statue 35 years later helped Columbus Circle establish a separate identity from Central Park.

    Office workers in Columbus Circle are never more than a ten-minute walk to Central Park, which provides an ideal outdoor location for a lunch break. TurnStyle Underground Market spans a full city block beneath 57th and 59th Streets and has nearly 40 local eateries to grab a bite, along with a variety of other food vendors, retail shops, and kiosks. Other convenient and popular spots in Columbus Circle include Bareburger, Le Pain Quotidien, Patsy’s Italian Restaurant, Guantanamera, Kashkaval Garden, and Burrito Box.

     

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