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666 5th Avenue

Plaza District

New York, NY 10103

  • 13,422 sqft
  • inquire for pricing

Building Details

  • Walk Scoreยฎ97
  • Noise Index0.25
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  • Availability

    UnitSizePriceInquire
    Office Space13,422 sqftInquire for pricing
    • 0.04 mi๐Ÿบ21 Club
    • 0.05 mi๐Ÿš‡EM53rd Street-5th Avenue
    • 0.06 mi๐Ÿฅ˜The Modern - The Bar Room
    • 0.08 mi๐Ÿฅ˜Bill's Bar & Burger
    • 0.08 miโ˜•๏ธLe Pain Quotidien
    • 0.09 mi๐Ÿฅ˜Burger Heaven
    • 0.09 mi๐Ÿฅ˜Fogo de chao
    • 0.1 mi๐Ÿฅ˜Del Frisco's
    • 0.1 mi๐Ÿš—Alpha Garage
    • 0.11 mi๐Ÿฅ˜Brasserie Ruhlman
    • 0.11 mi๐Ÿฅ˜Teresa's
    • 0.12 mi๐Ÿฅ˜Mozzarella & Vino
    • 0.12 mi๐Ÿฅ˜Bill's Bar & Burger
    • 0.13 mi๐ŸบConnolly's
    • 0.15 mi๐Ÿฅ˜La Bonne Soupe
    • 0.15 miโ˜•๏ธStarbucks
    • 0.15 mi๐Ÿฅ˜Il Corso
    • 0.16 mi๐Ÿฅ˜Five Guys
    • 0.16 mi๐Ÿฅ˜Benoit
    • 0.17 mi๐Ÿฅ˜Bistro Milano
    • 0.17 miโ˜•๏ธStarbucks Coffee
    • 0.17 mi๐Ÿฅ˜Joe's Shanghai
    • 0.18 mi๐ŸบCassidyโ€™s
    • 0.19 mi๐ŸบWhiskey Trader
    • 0.19 mi๐ŸบBill's Gay Nineties
    • 0.19 mi๐Ÿฅ˜Friday's
    • 0.19 mi๐Ÿฅ˜Sushiden
    • 0.21 mi๐Ÿฅ˜Menkui Teu
    • 0.21 mi๐Ÿฅ˜Maloney & Porcelli
    • 0.21 mi๐Ÿฅ˜Beyond Sushi
    • 0.22 mi๐Ÿฅ˜Capital Grille at Time-Life
    • 0.22 mi๐ŸบP.J. Moran's
    • 0.22 mi๐Ÿฅ˜Ted's Montana Grill
    • 0.22 miโ˜•๏ธStarbucks Coffee
    • 0.23 miโ˜•๏ธToasties
    • 0.23 miโ˜•๏ธPret a Manger
    • 0.23 miโ˜•๏ธCafe K
    • 0.23 mi๐Ÿฅ˜Hatsuhana
    • 0.24 mi๐Ÿฅ˜Aquavit
    • 0.24 miโ˜•๏ธStarbucks
    • 0.24 mi๐Ÿš‡BDFM47th-50th Streets - Rockefeller Center
    • 0.25 mi๐Ÿฅ˜Grasp Grill
    • 0.25 mi๐Ÿฅ˜Mangia
    • 0.26 miโ˜•๏ธJamba Juice
    • 0.26 mi๐Ÿฅ˜Rue 57
    • 0.27 mi๐Ÿฅ˜Katsuhama
    • 0.27 mi๐Ÿฅ˜Betony
    • 0.27 mi๐Ÿฅ˜China Moon
    • 0.27 mi๐Ÿฅ˜Del Frisco's
    • 0.27 mi๐Ÿฅ˜Sushi-tei
    • 0.27 mi๐Ÿš‡F57th Street
    • 0.27 mi๐Ÿš—Icon
    • 0.28 mi๐Ÿฅ˜Le Parker Meridien Burger
    • 0.28 mi๐Ÿฅ˜Le Bernardin
    • 0.28 miโ˜•๏ธStarbucks Coffee
    • 0.28 mi๐ŸบMaggie's Place
    • 0.28 mi๐ŸบRooftop Bar
    • 0.29 mi๐Ÿฅ˜Four Seasons
    • 0.29 miโ˜•๏ธAu Bon Pain
    • 0.29 mi๐Ÿฅ˜Connolly's
    • 0.29 miโ˜•๏ธStarbucks Coffee
    • 0.3 miโ˜•๏ธPret A Manger
    • 0.3 mi๐Ÿฅ˜Wayfarer
    • 0.31 mi๐Ÿฅ˜Sushiden
    • 0.31 mi๐ŸบOld Castle
    • 0.31 mi๐Ÿš—Champion
    • 0.31 mi๐Ÿฅ˜Emporium Brasil Restaurant
    • 0.31 miโ˜•๏ธFIKA 52 & LEX
    • 0.32 miโ˜•๏ธFIKA 58th Street
    • 0.32 miโ˜•๏ธStarbucks
    • 0.32 miโ˜•๏ธNinth Street Espresso
    • 0.33 mi๐ŸบThe Irish Pub
    • 0.33 miโ˜•๏ธCafรฉ Metro
    • 0.33 mi๐Ÿš‡651st Street
    • 0.34 mi๐Ÿฅ˜TGI Fridays
    • 0.34 miโ˜•๏ธDunkin' Donuts
    • 0.34 mi๐Ÿฅ˜Wolfgang's Steakhouse
    • 0.34 mi๐Ÿš‡BDE7th Avenue
    • 0.34 miโ˜•๏ธBlue Dog
    • 0.34 mi๐ŸบRosie O'Grady's Saloon
    • 0.34 mi๐Ÿฅ˜Iroha
    • 0.35 mi๐Ÿฅ˜The National
    • 0.35 mi๐Ÿฅ˜Park Cafe
    • 0.35 miโ˜•๏ธStarbucks
    • 0.35 mi๐Ÿš‡EM53rd Street-Lexington Avenue
    • 0.35 mi๐Ÿฅ˜Harry Cipriani
    • 0.35 mi๐ŸบMad 46
    • 0.36 mi๐Ÿฅ˜Russian Tea Room
    • 0.36 miโ˜•๏ธLittle Collins
    • 0.36 mi๐Ÿฅ˜Carnegie Deli
    • 0.36 mi๐Ÿฅ˜Tender
    • 0.36 mi๐Ÿฅ˜Palace
    • 0.36 mi๐Ÿš‡NRW49th Street
    • 0.37 mi๐Ÿฅ˜Little Collins
    • 0.37 miโ˜•๏ธStarbucks
    • 0.37 mi๐Ÿฅ˜New York Luncheonette
    • 0.37 mi๐ŸบHaven Rooftop Bar
    • 0.37 miโ˜•๏ธStarbucks Coffee
    • 0.37 miโ˜•๏ธStarbucks
    • 0.37 miโ˜•๏ธFreeFoods
    • 0.37 mi๐Ÿฅ˜Ellen's Stardust Dinner
    • 0.38 mi๐Ÿš‡NRW5th Avenue โ€“ 59th Street
    • 0.38 miโ˜•๏ธStarbucks Coffee
    • 0.38 mi๐Ÿฅ˜Hillstone
    • 0.38 mi๐Ÿฅ˜Applebee's
    • 0.38 miโ˜•๏ธStarbucks
    • 0.38 mi๐Ÿฅ˜Nanking
    • 0.38 mi๐Ÿฅ˜Roast Chicken
    • 0.39 miโ˜•๏ธeuropa cafe
    • 0.39 mi๐Ÿฅ˜The Playwright
    • 0.39 mi๐Ÿฅ˜The Fitz
    • 0.39 mi๐Ÿฅ˜San Martin
    • 0.39 mi๐ŸบCaroline's on Broadway
    • 0.39 mi๐Ÿฅ˜Redeye Grill
    • 0.39 mi๐Ÿฅ˜RED 58
    • 0.4 mi๐Ÿฅ˜Bobby Van's Steakhouse - Park Ave
    • 0.4 mi๐Ÿš‡150th Street
    • 0.4 mi๐ŸบVander Bar
    • 0.4 mi๐Ÿš‡NQRW57th Street-7th Avenue
    • 0.4 miโ˜•๏ธFinancier
    • 0.4 mi๐Ÿฅ˜Lili's 57
    • 0.4 miโ˜•๏ธStarbucks
    • 0.4 mi๐Ÿฅ˜Cosรฌ
    • 0.4 miโ˜•๏ธCafe Metro
    • 0.41 miโ˜•๏ธKelloggยดs Cafe
    • 0.41 miโ˜•๏ธStarbucks Coffee
    • 0.42 miโ˜•๏ธJuan Valdez
    • 0.42 mi๐Ÿฅ˜Gallaghers Steakhouse
    • 0.42 mi๐Ÿฅ˜St. Andrew's
    • 0.42 mi๐Ÿฅ˜Havana Central
    • 0.42 miโ˜•๏ธEuropa Cafe
    • 0.42 mi๐Ÿฅ˜ammos estiatorio
    • 0.42 mi๐Ÿฅ˜Cognac
    • 0.42 mi๐Ÿฅ˜Petrossian
    • 0.43 mi๐ŸšŒbus m101
    • 0.43 mi๐Ÿฅ˜Brooklyn Diner
    • 0.43 mi๐Ÿฅ˜Hooters
    • 0.43 mi๐ŸบForty Four
    • 0.44 mi๐Ÿš—Hippodrome Parking
    • 0.44 miโ˜•๏ธGregory Coffee
    • 0.44 miโ˜•๏ธThe Beer Bar Cafe Centro
    • 0.44 mi๐ŸบO'Lunney's
    • 0.44 mi๐Ÿฅ˜Friday's
    • 0.44 mi๐Ÿš—Quik Park
    • 0.45 miโ˜•๏ธNaples 45
    • 0.45 mi๐Ÿฅ˜Dos Caminos
    • 0.45 mi๐Ÿฅ˜Le Pain Quotidien
    • 0.45 mi๐Ÿฅ˜P.J. Clarkeโ€™s
    • 0.45 mi๐Ÿฅ˜Natsumi
    • 0.45 miโ˜•๏ธStarbucks Coffee
    • 0.46 mi๐Ÿฅ˜Urban Space
    • 0.46 mi๐ŸบCharacters NYC Bar & Lounge
    • 0.46 mi๐Ÿฅ˜Blue Fin
    • 0.46 mi๐Ÿฅ˜Smith & Wollensky
    • 0.46 mi๐ŸบMcGee's Pub & Restaurant

    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 located in NYC have 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.

    Plaza District Office Space | Lease Data & Trends

    The Plaza District sees a range of asking rents and holds a Class A average of $94.19 per square foot, compared to the Midtown Class A average of ย $83.71. Many upper floors โ€” especially those with views of Central Park โ€” 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 $144 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

    Inventory stands at nearly 102,000,000 square feet, with vacancy around 10%. As some tenants such as Blackwater 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 Eastย andย Murray Hill.

    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 Midtownโ€™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 workspaces, 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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