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1407 Broadway

1407 Broadway
New York, NY 10018
Office, Retail, Leasing/Rental, Ground Lease

The 42-story, 512-foot office and retail building at 1407 Broadway in Manhattans Garment District is controlled by real estate investment trust the Lightstone Group, which subleases the building, and Abraham Kamber & Company, which owns the master lease for it. Solil Management owns the ground underneath, meaning Lightstone and Abraham Kamber pay that firm rent to control the building.

In 2014, Lightstone, which operates 1407 Broadway, began aggressively repositioning the 1.1 million-square-foot tower, 33,000 square feet of which is retail, to appeal to new-media and technology companies. The REIT even held a contest to devise more creative office space for the 1950s-erea building. The winning design basically envisions a less traditional, more open-air working environment.

Lightstones repositioning appears to have paid off. Tech firms such as Main Street Hub, a marketing-platform developer, and Tech Stars, a startup accelerator, have leased in 1407 Broadway since 2014. Retailer Lands End also has space there. The asking rent in the building is $56 a square foot.

In late 2014, Lightstone and Abraham Kamber put its control of 1407 Broadway up for sale for more than $330 million through Savills Woody Heller and Will Silverman. As of February 2015, it had yet to sell. ¾-TA

  • Address 1407 Broadway
  • neighborhood Garment District
  • borough Manhattan
  • owner Solil Management, Lightstone Group, Abraham Kamber & Company
  • owner entity 1407 BROADWAY
  • height in feet 512
  • floors 42
  • Year Built 1950
  • square feet 1,100,000
  • block and lot 1-00814-0015
  • BIN 1015265
  • Event Office Leasing
  • Address 1407 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 28,405
notes
The coworking firm inked a lease for the Garment District space.
  • Event Office Leasing
  • Address 1407 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 24,714
  • Price per foot $ 59.00
notes
The South Korean-based cosmetics company signed a 10-year lease for the Garment District building at $59 per square foot.
  • Event Office Leasing
  • Address 1407 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 13,712
  • Price per foot $ 73.00
notes
The software company signed a 7-year lease for the Garment District space.
  • Event Office Leasing
  • Address 1407 Broadway
  • Neighborhood Midtown South
  • Borough Manhattan
  • Square feet 1,915
  • Publication Date 03/13/2018
  • Event Date 01/11/2018
  • Party 1 1407 Broadway Real Estate
  • Party 2 OTJ Architects
notes
The interior architecture firm inked a lease at the Midtown South building.
  • Event Office Leasing
  • Address 1407 Broadway
  • Neighborhood Midtown South
  • Borough Manhattan
  • Square feet 100,000
  • Price per foot $ 65.00
notes
The cable and internet provider inked a 10-year lease with the asking rent of $65 per square foot.
  • Event Office Leasing
  • Address 1407 Broadway
  • Neighborhood Midtown South
  • Borough Manhattan
  • Square feet 13,735
notes
The clothing maker inked a 10-year lease for the 32nd floor of the 43-story office tower.
  • Event Office Leasing
  • Address 1407 Broadway
  • Neighborhood Midtown South
  • Borough Manhattan
  • Square feet 12,845
notes
The nonprofit inked a lease for the 29th floor of the 43-story office tower.
  • Event Office Leasing
  • Address 1407 Broadway
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 42,748
notes
The environmental firm signed a new lease to consolidate its two Midtown locations.
  • Event Office Leasing
  • Address 1407 Broadway
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 13,797
notes
The accounting firm signed a lease for the entire 40th floor.
  • Event Office Leasing
  • Address 1407 Broadway
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 22,318
notes
The clothing company renewed its lease for 10 years.
  • Event Office Leasing
  • Address 1407 Broadway
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 1,525
notes
The high-end furnishings company signed a lease.
  • Event Office Leasing
  • Address 1407 Broadway
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 9,592
notes
The law firm signed a 10 year lease.
  • Event Sales
  • Address 1407 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 1,100,000
  • Price $ 330,000,000
  • Price per foot $ 300.00
  • Event Retail Leasing
  • Address 1407 Broadway
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 6,710
notes
The bank signed a renewal lease.
  • Event Retail Leasing
  • Address 1407 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 2,500
notes
The shoe store signed a lease.
  • Event Office Leasing
  • Address 1407 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 13,719
notes
The startup accelerator signed a lease for the entire 24th floor.
  • Event Office Leasing
  • Address 1407 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 13,729
notes
The lifestyle brand signed a 10-year office lease for the entire 27th floor. The tenant is relocating from a smaller space at 530 Seventh Avenue.
  • Event Office Leasing
  • Address 1407 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 13,701
notes
The tenant signed a 10-year lease on the fourth floor.
  • Event Office Leasing
  • Address 1407 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 1,915
  • Price per foot $ 45.00
notes
The fashion company signed a lease.
  • Event Office Leasing
  • Address 1407 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 1,468
notes
The global contract-sourcing firm signed a lease.
  • Event Office Leasing
  • Address 1407 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 1,451
  • Price per foot $ 42.00
notes
The textile firm signed a lease.
  • Event Office Leasing
  • Address 1407 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 1,119
  • Price per foot $ 42.00
notes
The apparel company signed a lease.
  • Event Office Leasing
  • Address 1407 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 1,548
  • Price per foot $ 42.00
notes
The apparel company signed a lease.
  • Event Office Leasing
  • Address 1407 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 1,154
  • Price per foot $ 42.00
notes
The fashion company signed a lease.
  • Event Office Leasing
  • Address 1407 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 2,000
  • Price per foot $ 45.00
notes
The tenant signed a new three-year lease.
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