1515 Broadway | The Real Deal New York

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1515 Broadway

1515 Broadway
New York, NY 10036
Office, Retail, Leasing/Rental

One Astor Plaza at 1515 Broadway, at the site of the former Astor Hotel in the bowtie of Times Square, is a 745-foot skyscraper in Midtown, Manhattan. Completed in 1972, it was designed by Kahn & Jacobs architects. At the time of its completion it was known as the W.T. Grant Building. The tower also includes the Minskoff Theater on its third floor.

New York real estate investment trust SL Green acquired the skyscraper for $483.5 million in 2002. The building contains 1,750,000 usable square feet. The building is the corporate headquarters of Viacom and home to its MTV studios. Viacom leases a gargantuan 1.4 million square feet of space with plans to expand to 1.6 million square feet, or nearly the entire building.

SL Green began a $160 million renovation process in 2008. In 2011, the firm bought out its joint venture partner in the building, SITQ, for $1.21 billion.

-WP

  • Address 1515 Broadway
  • neighborhood Times Square
  • borough Manhattan
  • owner SL Green Realty
  • owner entity 1515 BROADWAY OWNER L
  • floors 53
  • Year Built 1970
  • square feet 1,721,672
  • block and lot 1-01016-0036
  • BIN 1024714

09/12/18
...despite a drop in Viacom’s rent-per-square-foot at 1515 Broadway, the media company would pay about 2 percent more in total rent, as SL Green...

06/01/18
...Chelsea Market at 75 9th Ave and 1515 Broadway (Credit: Wikipedia) Commercial property deals in the U.S. rose 6.7 percent in the first...

05/15/18
...to Sixth Avenue. The company, currently located at 1515 Broadway, has inked a 55,000-square-foot lease in SL Green Realty's 1185 Sixth Avenue, where it will...

04/24/18
...acquisitions at Allianz, which bought a stake in 1515 Broadway last year. “We’re not hitting the pause button like some others in the...

03/28/18
...Green on only one project — the renovation of 1515 Broadway — before winning the One Vanderbilt gig. “We never had the feeling that this gave...

03/13/18
...1515 Broadway and Marc Holliday Why bother buying buildings when you can just buy your own...

...Green on only one project — the renovation of 1515 Broadway — before winning the One Vanderbilt gig. “We never had the feeling that this gave...

02/06/18
...as One Worldwide Plaza, One Liberty Plaza and 1515 Broadway valued those trophy office towers at $1.7 billion, $1.5 billion and $1.95 billion, respectively. Some would-be sellers...

...as One Worldwide Plaza, One Liberty Plaza and 1515 Broadway valued those trophy office towers at $1.7 billion, $1.5 billion and $1.95 billion, respectively. Some would-be sellers...

12/29/17
...stake this year in 498 Seventh Avenue. From left: 1515 Broadway, Allianz Real Estate's Christoph Donner and SL Green's Marc Holliday 6. 1515 Broadway, approx. $628.9M (partial...

12/28/17
...See more 2017 year end reviews here 5) Line Friends 1515 Broadway $6 million The South Korean offshoot of the popular messaging app LINE signed a 10-year...

12/08/17
...From left: 1515 Broadway, Christoph Donner and 10 Hudson Yards Allianz, a Munich-based insurance giant, quietly emerged as one...

11/17/17
...a 43 percent stake in the 57-story tower at 1515 Broadway to German investor Allianz Real Estate in a deal valuing the Times Square property...

11/14/17
...From left: 1515 Broadway, Allianz Real Estate's Christoph Donner and SL Green's Marc Holliday Allianz Real Estate is...

10/24/17
...From left: 16 Court Street, 1515 Broadway, Marc Holliday and One Worldwide Plaza Listed real estate investment trusts are acquiring U...

09/29/17
...From left: 1515 Broadway, One Worldwide Plaza, One Vanderbilt and Marc Holliday Expect SL Green Realty to bring...

07/31/17
...in talks to buy a 49 percent stake in 1515 Broadway, but SL Green Realty later said no deal had been reached.) The past few...

06/23/17
...-square-foot Amazon distribution center, a 49 percent stake in 1515 Broadway and a $500 million fund-raising target for a hotel-focused investment trust. In real estate, it's...

06/21/17
...SL Green’s Brett Herschenfeld and 1515 Broadway (Credit: SL Green) Italian cosmetics company Kiko Milano inked a 1,100-square-foot lease at SL...

06/21/17
...a 49 percent stake in its Midtown office tower 1515 Broadway to China Investment Corporation and other prospective bidders. -- Konrad Putzier (To view Sl...

06/20/17
...buy a 49 percent stake in SL Green Realty's 1515 Broadway, in a deal that could value the 1.75 million-square-foot tower at around $2 billion, or around...

...minority stake in its 54-story office tower at 1515 Broadway that could value the 1.75 million-square-foot property at $2 billion.   Meanwhile, New York REIT is offering...

01/30/17
...1515 Broadway and Marc Holliday SL Green Realty is shopping a minority stake in its 54-story...

09/02/16
...New York flagship store at SL Green’s 1515 Broadway earlier this year. Gordon Brothers Retail Partners LLC and Hilco Merchant Resources LLC are...

08/31/16
...Aeropostale's store at 1515 Broadway General Growth Properties and Simon Property Group teamed up to bid for “substantially all...
  • Event Office Leasing
  • Address 1515 Broadway
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 8,700
notes
Viacom, the media and entertainment giant, has signed a lease for an additional 8,700 sf for 10.9 years, in its current location in Midtown.
  • Event Retail Leasing
  • Address 1515 Broadway
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 2,113
  • Event Office Leasing
  • Address 1515 Broadway
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 34,000
notes
The law firm signed a 10-year lease for the entire 43rd floor. The company plans to relocate from 675 Third Avenue late this summer.
  • Event Office Leasing
  • Address 1515 Broadway
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 7,200
  • Publication Date 05/01/2011
  • Event Date 03/22/2011
  • Party 1 SL Green Realty
  • Party 1 Brokerage In-house
  • Party 2 Electronic Arts
  • Party 2 Brokerage JLL
  • Party 2 Broker Natasha Brown
notes
The developer of video games signed a five-year lease on the 36th floor.
  • Event Retail Leasing
  • Address 1515 Broadway
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 1,815
notes
The eyewear company signed a retail lease. The reported asking rent was $1,400 per square foot.
  • Event Retail Leasing
  • Address 1515 Broadway
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 17,000
  • Publication Date 03/01/2010
  • Event Date 01/20/2010
  • Party 1 SL Green Realty
  • Party 2 Aeropostale
notes
The apparel retailer signed a lease for multi-level space.
  • Event Financing
  • Address 1515 Broadway
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 2,060,000
notes
A five-year, floating-rate refinancing in the amount of $475 million was provided for the 56-story office building. The loan replaces the former $625 million mortgage that was due to mature in November 2010 with longer-term financing. 56-story office building.
  • Event Office Leasing
  • Address 1515 Broadway
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 64,788
  • Price per foot $ 58.00
notes
The engineering firm signed a 15-year lease to relocate its offices to the 14th- and 15th-floor space. The company is moving from 11 West 42nd Street.
  • Event Office Leasing
  • Address 1515 Broadway
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 1,270,000
  • Price per foot $ 85.00
notes
The entertainment conglomerate renewed its lease for 1.1 million square feet through 2015 and signed an extension for an additional 170,000 square feet. The space will continue to serve as the company's global headquarters.
  • Event Office Leasing
  • Address 1515 Broadway
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 64,788
  • Price per foot $ 85.00
notes
The workplace solutions provider signed a new 10-year lease for space on the 11th and 12th floors.
  • Event Retail Leasing
  • Address 1515 Broadway
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 5,800
  • Publication Date 03/01/2005
  • Event Date 01/20/2005
  • Party 1 SL Green Realty
  • Party 1 Brokerage Newmark Grubb Knight Frank
  • Party 1 Broker Jeffrey Roseman
  • Party 2 Billabong USA
  • Party 2 Brokerage Newmark Grubb Knight Frank
  • Party 2 Broker Paul Berkman
notes
First NY store; includes skateboard division, Element
  • Event Retail Leasing
  • Address 1515 Broadway
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 5,123
notes
Expands presence following FleetBoston acquisition
  • Event Retail Leasing
  • Address 1515 Broadway
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 5,123
notes
Expands presence following FleetBoston acquisition
  • Event Office Leasing
  • Address 1515 Broadway
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 5,000
notes
Bank to move in under MTV television studio

...in 2013, for $900 million at SL Green Realty’s 1515 Broadway and for $820 million at Hilton Worldwide’s New York Hilton Midtown at 1335 Sixth Avenue...

...in a blockbuster 1.6-million-square-foot renewal and expansion at 1515 Broadway. TRD estimated that commission at $60 million, prediscount. One source familiar with the deal, however...

...giant Viacom’s record-breaking renewal and expansion at 1515 Broadway — large companies shied away from committing to big, new Manhattan spaces. Highlighting that, just...

...those leases — such as Viacom’s deal at 1515 Broadway for 1.6 million square feet in April — have been renewals or small expansions that absorb...

...Viacom’s record-breaking, 1.6 million-square-foot renewal and expansion at 1515 Broadway in Times Square was a boon for landlord SL Green Realty, it further underscored...

...earlier in April at SL Green Realty’s 1515 Broadway in Times Square. And commercial brokers said the disparity was not just at the...

...million-square-foot office portion of SL Green Realty’s 1515 Broadway. Also last month, Morgan Stanley signed a renewal-and-expansion lease at Brookfield Office Properties’ 1 New...

...Street location, which is on the backside of 1515 Broadway, "you can actually walk on the sidewalk," Rosen said. Times Square is not the...