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1166 Avenue of the Americas

1166 Sixth Avenue
New York, NY 10036
Website
Office, Leasing/Rental, Condo

The 1.6 million-square-foot, 44-floor, Class A office tower at 1166 Avenue of the Americas is one of the more prestigious buildings in Midtown, and a lot of that has to do with its tenant roster, which includes Bank of America, MetLife, American Express, Interpublic Group, JP Morgan Chase, Conde Nast, Morgan Stanley, Time Inc. and UBS

The tower has quite the footprint, too, occupying the entire block front of Sixth Avenue from 45th to 46th streets (individual floors can run to more than 40,000 square feet). Skidmore Owings & Merrill designed it, and the predecessor to Tishman Speyer developed it; it was finished in 1974. The tower also goes by 1166 Sixth Avenue.

The ownership structure for 1166 Avenue of the Americas is a bit complicated. It is divided into three office condos, each hundreds of thousands of square feet. Owners with major stakes in the tower include RXR Realty, a privately held real estate investment firm; Edward J. Minskoff Equities; and Marsh & McLennan, a financial advisory firm. -TA

  • Year Built 1974
  • square feet 1,600,000
  • block and lot 1-01261-7501
  • BIN 1071414
  • Event Office Leasing
  • Address 1166 Sixth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 6,566
notes
The law firm inked a deal to expand its lease for the Grand Central building.
  • Event Office Leasing
  • Address 1166 Sixth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 5,300
notes
The investment firm inked a lease for the Grand Central building.
  • Event Office Leasing
  • Address 1166 Sixth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 40,000
notes
The financial services firm inked a lease for the Grand Central location.
  • Event Office Leasing
  • Address 1166 Sixth Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 33,000
notes
The global management consulting company signed a lease for the 3rd floor for $75 per square foot.
  • Event Financing
  • Address 1166 Sixth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 1,204,839
  • Price $ 110,000,000
notes
The office property was partially refinanced with a $110 million loan.
  • Event office Leasing
  • Address 1166 Sixth Avenue
  • Neighborhood Central Midtown
  • Borough Manhattan
  • Square feet 39,000
notes
The financial technology firm signed a lease for the entire 4th floor.
  • Event Office Leasing
  • Address 1166 Sixth Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 195,000
notes
The global investment firm renewed its lease on the 4th floor.
  • Event Office Leasing
  • Address 1166 Sixth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 39,075
notes
The telecommunications company signed a lease.
  • Event Office Leasing
  • Address 1166 Sixth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 38,166
  • Price per foot $ 46.00
  • Publication Date 07/01/2013
  • Event Date 05/22/2013
  • Party 1 D.E. Shaw & Company
  • Party 1 Brokerage CBRE
  • Party 1 Broker Roger Griswold
  • Party 2 5W Public Relations
notes
The public relations firm signed a sublease. The tenant is relocating from 888 Seventh Avenue.
  • Event Office Leasing
  • Address 1166 Sixth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 120,000
  • Price per foot $ 45.00
  • Publication Date 01/01/2010
  • Event Date 11/22/2009
  • Party 1 Marsh & McLennan
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Andrew Sachs, Tim Gibson
  • Party 2 D.E. Shaw
notes
The hedge fund signed a sublease for floors seven through nine, adding to its existing space on the fourth through sixth floors. The company now occupies 240,000 square feet in the building.
  • Event Office Leasing
  • Address 1166 Sixth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 100,000
  • Price per foot $ 58.00
  • Publication Date 01/01/2010
  • Event Date 11/22/2009
  • Party 1 Marsh & McLennan
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Andrew Sachs, Tim Gibson
  • Party 2 Invesco
notes
The hedge fund manager signed a lease renewal and expansion on floors 25 through 27.
  • Event Office Leasing
  • Address 1166 Sixth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 40,000
  • Price per foot $ 45.00
  • Publication Date 01/01/2010
  • Event Date 11/22/2009
  • Party 1 Marsh & McLennan
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Andrew Sachs, Tim Gibson
  • Party 2 Westwood One Radio Networks
notes
The radio network signed a sublease for the 10th floor.
  • Event Office Leasing
  • Address 1166 Sixth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 112,270
notes
The hedge fund inked an 11.5-year sublease for the entire fourth to sixth floors. It will also remain in the 185,000 square feet it occupies at 120 West 45th Street. With the completion of this lease and the below-listed Christian & Timbers lease, the 44-story, 1.5-million-square-foot class A office tower is now fully occupied.
  • Event Office Leasing
  • Address 1166 Sixth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 37,418
  • Publication Date 12/01/2006
  • Event Date 10/22/2006
  • Party 1 Marsh & McLennan
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Andrew Sachs, Tim Gibson, Marc Packman
  • Party 2 Christian & Timbers
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Joseph Fabrizi
notes
The recruiters inked a 10-year sublease for the entire third floor. The firm will relocate and expand from the 25,000 square feet it currently occupies at 1177 Sixth Avenue.
  • Event Office Leasing
  • Address 1166 Sixth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 37,400
  • Price per foot $ 65.00
  • Publication Date 09/01/2006
  • Event Date 07/23/2006
  • Party 1 Marsh & McLennan
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Andrew Sachs
  • Party 2 Sprint Nextel
notes
Marsh & McLennan, which has 900,000 square feet in the property, is marketing 500,000 square feet for sublet. The new tenant, which inked a 10-year lease, will be consolidating offices that are currently at 3 East 54th Street and 380 Madison Avenue.
  • Event Office Leasing
  • Address 1166 Sixth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 80,000
  • Publication Date 05/01/2006
  • Event Date 03/22/2006
  • Party 1 Marsh & McLennan
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Andrew Sachs, Tim Gibson
  • Party 2 Advanced Publications
  • Party 2 Brokerage CBRE
notes
The tenant signed a direct lease with the insurance and consulting firm, which had approximately 200,000 square feet available. Advance also signed a sublease with JP Morgan for 120,000 square feet in the same building in October 2005.
  • Event Office Leasing
  • Address 1166 Sixth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 120,000
notes
Parent of magazine publisher Conde Nast subleases space.