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1250 Broadway

1250 Broadway
New York, NY 10001
Office, Leasing/Rental

1250 Broadway is a 39-story office tower located between 32nd and 31st streets in Manhattans Silicon Alley. Built in 1969, the building consists of 55 office and commercial spaces over a gross floor area of 646,00 feet.

A $3 million renovation was begun in 2013 with the ultimate goal of making the skyscraper more of a technology hub. The plaza and lobby on the 31st Street face of the building were redesigned to include a glass curtain wall at the towers base and a new stainless steel canopy, according to New York YIMBY. The existing stone metal cladding at the corner of the building was replaced with a new white glass primary faade material.

Tech firm Varonis Systems tripled their space in the building in 2014, renewing its lease for 15,356 square feet on the buildings 31st floor and securing an additional 30,712 feet on the 28th and 29th floors. According to Jamestown, in 2014 the building was 98 percent leased.

Broadway between the Nomad District and Flatiron is quickly becoming a burgeoning and dynamic area for many tech, media and creative companies, Michael Phillips, COO of Jamestown, said in 2014.

In 2013, Luxembourg-based office suite titan Regus inked a 15,000-square-foot lease at 1250 Broadway somewhere in $50s per square foot, Crains reported.

  • Address 1250 Broadway
  • neighborhood Penn Plaza
  • borough Manhattan
  • floors 39
  • Year Built 1969
  • square feet 646,000
  • block and lot 1-00833-0011
  • BIN 1015805
  • Event Office Leasing
  • Address 1250 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 130,000
notes
The language tech firm inked a lease for the Garment District building.
  • Event Office Leasing
  • Address 1250 Broadway
  • Neighborhood Nomad
  • Borough Manhattan
  • Square feet 130,000
notes
The listings giant signed a lease for the Nomad building.
  • Event Retail Leasing
  • Address 1250 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 1,000
  • Publication Date 06/18/2018
  • Event Date 06/13/2018
  • Party 1 Global Holding Mangement
  • Party 1 Brokerage Cushman & Wakefield 
  • Party 1 Broker Michael O'Neill, Jason Greenstone, Taylor Renolds 
  • Party 2 Irving Farm
  • Party 2 Brokerage Winick Realty Group
  • Party 2 Broker Matthew Schuss
notes
The coffee roaster inked a lease for the Garment District location.
  • Event Office Leasing
  • Address 1250 Broadway
  • Neighborhood Midtown South
  • Borough Manhattan
  • Square feet 5,773
notes
The company inked a lease for part of the 37th floor.
  • Event Sales
  • Address 1250 Broadway
  • Neighborhood Midtown West
  • Borough Manhattan
  • Price $ 565,000,000
notes
The 39-story office tower sold for $565 million.
  • Event Office Leasing
  • Address 1250 Broadway
  • Neighborhood Midtown South
  • Borough Manhattan
  • Square feet 11,600
  • Publication Date 09/01/2015
  • Event Date 07/23/2015
  • Party 1 Jamestown
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Mitch Arkin, Justin Royce, Adam Nelson
  • Party 2 Prometric
  • Party 2 Brokerage DTZ
  • Event Office Leasing
  • Address 1250 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 46,068
notes
The business technology firm signed a lease renewal for 15,356 square feet on the 31st floor and added 30,712 square feet on the 28th and 29th floors.
  • Event Office Leasing
  • Address 1250 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 15,000
  • Price per foot $ 50.00
  • Publication Date 07/01/2013
  • Event Date 05/22/2013
  • Party 1 Jamestown, Murray Hill Properties
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Mitch Arkin
  • Party 2 Regus
notes
The office-space provider signed a lease on the 36th floor, Crain's reported.
  • Event Retail Leasing
  • Address 1250 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 10,000
notes
Korean restaurateur Andy Sung signed a lease for a restaurant on the top floor of the building, the New York Post reported.
  • Event Office Leasing
  • Address 1250 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 4,369
  • Price per foot $ 48.00
  • Publication Date 11/01/2011
  • Event Date 09/22/2011
  • Party 1 JT MH 1250 Owner
  • Party 1 Brokerage Murray Hill Properties
  • Party 1 Broker Randy Sherman
  • Party 2 ShoreTel
  • Party 2 Brokerage JLL
  • Party 2 Broker Mercedes Fernandez
notes
The telecommunications company signed a 5.5-year lease.
  • Event Office Leasing
  • Address 1250 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 7,675
  • Price per foot $ 52.00
notes
The office-supplies retailer signed a 3.5-year office lease.
  • Event Office Leasing
  • Address 1250 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 7,249
  • Price per foot $ 48.00
notes
The financial firm signed a six-year lease.
  • Event Retail Leasing
  • Address 1250 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 360
  • Publication Date 11/01/2010
  • Event Date 09/22/2010
  • Party 1 Brokerage Murray Hill Properties
  • Party 1 Broker Eric Levy, A.J. Camhi
  • Party 2 Tobmar International
  • Party 2 Brokerage Murray Hill Properties
  • Party 2 Broker Eric Levy, A.J. Camhi
notes
The newsstand signed a two-year lease. The reported asking rent was $150 per square foot.
  • Event Office Leasing
  • Address 1250 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 20,088
  • Publication Date 04/01/2010
  • Event Date 02/20/2010
  • Party 1 Murray Hill Properties
  • Party 1 Brokerage In-house
  • Party 2 New York City Department of Environmental Protection
  • Party 2 Brokerage CBRE
  • Party 2 Broker John Morrill
notes
The city signed a lease renewal on the eighth floor.
  • Event Office Leasing
  • Address 1250 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 15,500
  • Price per foot $ 50.00
  • Publication Date 10/01/2009
  • Event Date 08/22/2009
  • Party 1 Murray Hill Properties
  • Party 1 Brokerage In-house
  • Party 2 Gabriels Technology Solutions
  • Party 2 Brokerage Kaufman Organization
  • Party 2 Broker Michael Heaner, Daniel Kahn
notes
The software and technology developer inked a five-year lease. The company was previously located at 250 Hudson Street.
  • Event Financing
  • Address 1250 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 770,000
  • Price $ 175,000,000
notes
A $215 million acquisition and mezzanine financing was arranged for the office building. A German lender provided the $175 million first mortgage, and a REIT provided $40 million in mezzanine financing. 39-story office building.
  • Event Sales
  • Address 1250 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 670,000
  • Price $ 310,000,000
  • Price per foot $ 462.69
notes
The property sold for $310 million, or $463 per square foot. Asking rents in the building are reportedly in the mid-$30s. SL Green bought the building in 1999 for $93 million.
  • Event Office Leasing
  • Address 1250 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 7,678
  • Publication Date 01/01/2008
  • Event Date 11/22/2007
  • Party 1 SL Green Realty
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Tara Stacom
  • Party 2 Visiting Nurse Service of New York
notes
The healthcare provider inked a 10-year lease renewal.
  • Event Office Leasing
  • Address 1250 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 2,287
  • Publication Date 01/01/2008
  • Event Date 11/22/2007
  • Party 1 SL Green Realty
  • Party 2 TSM Service Corporation
notes
The tenant took space.
  • Event Office Leasing
  • Address 1250 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 3,477
  • Publication Date 06/01/2007
  • Event Date 04/22/2007
  • Party 1 SL Green Realty
  • Party 1 Brokerage In-house
  • Party 2 Saehan Bancorp
  • Party 2 Brokerage Stone-Miller
  • Party 2 Broker Craig Miller
notes
The holding company for Los Angeles-based Saehan Bank inked a five-year lease.
  • Event Office Leasing
  • Address 1250 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 28,640
  • Publication Date 12/01/2006
  • Event Date 10/22/2006
  • Party 1 SL Green Realty
  • Party 1 Brokerage In-house
  • Party 2 Paychex
  • Party 2 Brokerage Acclaim Group
  • Party 2 Broker Todd Smith
notes
The professional services provider signed a lease renewal and expansion. The transaction included a simultaneous lease buyout by the prior tenant, the US Postal Service. With the execution of this lease and the below-listed Archstone-Smith lease, the building is now at 100 percent occupancy.
  • Event Office Leasing
  • Address 1250 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 22,284
  • Publication Date 12/01/2006
  • Event Date 10/22/2006
  • Party 1 SL Green Realty
  • Party 1 Brokerage In-house
  • Party 2 Archstone-Smith
  • Party 2 Brokerage Rosenhaus Real Estate
  • Party 2 Broker Richard Rosenhaus
notes
The multifamily REIT inked a lease for the entire 12th floor.
  • Event Office Leasing
  • Address 1250 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 14,813
notes
The largest employee-owned research and engineering company in the United States renewed and extended its lease through 2009 for the entire 25th floor of the 39-story, 702,763-square-foot Class A building.
  • Event Office Leasing
  • Address 1250 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 14,131
  • Publication Date 08/01/2006
  • Event Date 06/22/2006
  • Party 1 SL Green Realty
  • Party 1 Brokerage SL Green Realty
  • Party 1 Broker Steven Durels
  • Party 2 Metal Bulletin Holdings Corporation
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Michael Burgio
notes
The international publisher and information provider for business-to-business markets signed an early lease renewal through 2018 for space in the 39-story, 702,763-square-foot Class A building.
  • Event Office Leasing
  • Address 1250 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 300,000
  • Publication Date 03/01/2005
  • Event Date 01/20/2005
  • Party 1 SL Green Realty
  • Party 2 Visiting Nurse Service of New York
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Tara Stacom
notes
Renews early; includes 32K sf expansion
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