220 East 42nd Street | The Real Deal New York

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220 East 42nd Street

220 East 42nd Street
New York, NY 10017
(212) 841-7843
Website
Office, Leasing/Rental

220 East 42nd Street, or the Daily News Building, is a 37-story, 476-foot office skyscraper in Midtown, Manhattan. It was designed by architects Raymond Hood and John Mead Howells architects in the Art Deco style and was completed in 1930. A 1958 addition that included an expanded lobby was designed by the firm of Harrison & Abramowitz. The building was constructed for its namesake newspaper, the Daily News, which no longer occupies it. The tower achieved city landmark status in 1981 and became a National Historic Landmark in 1989.

New York real estate company SL Green acquired the building in 2003 for $265 million. The tower contains 1,135,000 square feet of usable space. As of the fourth quarter of 2014, SL Green was collecting more than $48 million in annualized rents at the skyscraper. Tenants at the building include Omnicom Group (493,560 square feet), the United Nations (171,091 square feet), WPIX-TV and Martin Clearwater & Bell.

  • Address 220 East 42nd Street
  • neighborhood Midtown
  • borough Manhattan
  • owner SL Green Realty
  • owner entity SLG 220 NEWS OWNER LLC
  • sales/marketing Cushman & Wakefield
  • Year Built 1928
  • square feet 1,156,177
  • block and lot 1-01315-0024
  • BIN 1037546

03/01/19
...landlord is Cohen Brothers Realty. 7) Young Adult Institute, 220 East 42nd Street, Murray Hill - 75,000 square feet The nonprofit signed a lease for 75,000 square feet of...

02/05/19
...From left: 220 East 42nd Street, SL Green's Marc Holliday, and YAI's George Contos (Credit: Google Maps, SL Green, and...

01/24/19
...is also considering selling the News Building at 220 East 42nd Street, which could hit the market with an asking price as high as $1 billion...

01/22/19
...Sl Green CEO Marc Holliday and 220 East 42nd Street (Credit: SL Green and Wikipedia) SL Green Realty is considering selling the Art Deco...

01/16/18
...New York relocates to SL Green Realty’s 220 East 42nd Street, also known as the Daily News Building. Asking rents for the block range from...

04/19/17
...organization, is taking 28,939 square feet for 30 years at 220 East 42nd Street. The company sold a 90 percent stake in the retail building 102 Greene Street to an...

03/06/17
...Park Ave and 220 East 42nd Street Nonprofit and public-sector tenants leased 4.1 million square feet of office space in the city...

10/19/16
...the lease renewal. 9) Medical defense specialists renew at 220 East 42nd Street - 33,458 square feet Martin Clearwater & Bell, a law firm that defends medical institutions...

09/01/16
...firm leased 64,111 square feet at SL Green Realty's 220 East 42nd Street, known as the former headquarters of the New York Daily News. Omnicom was represented...

...year when the advertising company Omnicom downsizes at 220 East 42nd Street, plus a pair of roughly 110,000-square-foot blocks at the International Gem Tower on West...

04/20/16
...condominium interest at the Daily News Building at 220 East 42nd Street, as The Real Deal reported today...

04/20/16
...Marc Holliday and 220 East 42nd Street The Visiting Nurse Service of New York has an appointment with the Daily News...

02/17/16
...two leases; one for ad agency Omnicom at 220 East 42nd Street and a renewal at music television production company Music Choice at 304-328 West 34th...

02/11/16
...Group’s 167,000-square-foot deal at SL Green’s 220 East 42nd Street. The largest new lease was Vox Media's 85,733 square feet at MetLife and Beacon Capital...

01/27/16
...feet at the 37-story, 1.2 million-square-foot News Building at 220 East 42nd Street, between Second and Third avenues. Omnicom’s space covers the building’s 11th through...

It was the kind of chance encounter Steven Witkoff could only have dreamt about back when he was a young attorney pulling 90-hour workweeks at...

...at 420 Lexington Avenue and the News Building at 220 East 42nd Street. In recent years, SL Green has surged ahead of its competitors, including the once...

12/01/11
...Myanmar1. Anthrax scare at WPIX Channel 11 newsroom at 220 East 42nd Street 2. Investors look to, of all things, Myanmar real estate 3. Blackstone prepares to buy portfolio...

04/27/10
...head of SL Green, which signed leases at 220 East 42nd Street and 420 Lexington Avenue SL Green Realty reported for the first time in nearly six...

04/20/10
...expands NY office with space at SL Green's 220 East 42nd Street 7. Hedge fund that profited from negative housing bets says it didn't create built-to-fail investments...

10/29/08
...will stay in the SL Green building at 220 East 42nd Street through 2010. CW11's rent was not disclosed, but the building's asking rent is $58 per...
  • Event Office Leasing
  • Address 220 East 42nd Street
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 64,111
  • Publication Date 09/01/2016
  • Event Date 07/15/2016
  • Party 1 SL Green Realty
  • Party 2 Omnicom Group
  • Party 2 Brokerage Feld Real Estate
  • Party 2 Broker Lee Feld
notes
The advertising company renewed its lease for 15 years.
  • Event Office Leasing
  • Address 220 East 42nd Street
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 308,000
  • Publication Date 08/01/2016
  • Event Date 06/17/2016
  • Party 1 SL Green Realty
  • Party 1 Brokerage SL Green Realty
  • Party 2 Visiting Nurse Service of New York
notes
The nursing company signed a 30-year lease for the 2nd and 3rd floors, the 5th through 7th floors, and part of the ground floor.
  • Event Office Leasing
  • Address 220 East 42nd Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 167,003
notes
The marketing firm extended its lease 15 years.
  • Event Retail Leasing
  • Address 220 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 392
notes
The coffee shop signed a lease.
  • Event Financing
  • Address 220 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 1,200,000
  • Price $ 275,000,000
notes
A $275 million senior mortgage loan was provided for the property. 37-story office building.
  • Event Office Leasing
  • Address 220 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 84,950
notes
The UN agency signed a lease for space on the fourth and 17th through 19th floors.
  • Event Office Leasing
  • Address 220 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 2,794
  • Publication Date 06/01/2010
  • Event Date 04/22/2010
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Robert Gastel
  • Party 2 Feldman Law Group
  • Party 2 Brokerage CSCommercial Group
  • Party 2 Broker Brendan Mahoney
notes
The law firm inked a three-year sublease on the 33rd floor.
  • Event Office Leasing
  • Address 220 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 2,676
  • Publication Date 06/01/2010
  • Event Date 04/22/2010
  • Party 1 Phoenix Life Insurance Company
  • Party 1 Brokerage Grubb & Ellis
  • Party 1 Broker Michael Mandel
  • Party 2 American Securities Group
notes
The financial firm signed a sublease for one and a half years.
  • Event Office Leasing
  • Address 220 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 7,104
  • Price per foot $ 40.00
  • Publication Date 06/01/2010
  • Event Date 04/22/2010
  • Party 1 LB Hercules Holdings
  • Party 1 Brokerage Newmark Grubb Knight Frank
  • Party 1 Broker James Saunders, Daniel Madison
  • Party 2 Federman Steifman
  • Party 2 Brokerage Newmark Grubb Knight Frank
  • Party 2 Broker En Cutler
notes
The law firm subleased space on the 29th floor
  • Event Office Leasing
  • Address 220 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 44,037
notes
The law firm signed an expansion lease.
  • Event Office Leasing
  • Address 220 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 104,000
  • Price per foot $ 58.00
  • Publication Date 12/01/2008
  • Event Date 10/22/2008
  • Party 1 SL Green Realty
  • Party 1 Brokerage In-house
  • Party 2 WPIX-TV
notes
The television network renewed its lease through 2012.around
  • Event Retail Leasing
  • Address 220 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 1,500
notes
The coffee chain signed a sublease for a new branch. The sublessor, North Fork Bank, had initially signed for 5,300 square feet of space but decided to sublease a portion of it.
  • Event Office Leasing
  • Address 220 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 3,246
  • Publication Date 09/01/2007
  • Event Date 07/23/2007
  • Party 1 SL Green Realty
  • Party 1 Brokerage Feld Real Estate
  • Party 1 Broker Lee Feld
  • Party 2 Omnicom Group
notes
The international advertising company signed a nine-year, 11-month lease.
  • Event Office Leasing
  • Address 220 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 2,676
notes
The fund inked a three-year, six-month lease.
  • Event Retail Leasing
  • Building Name Daily News Building
  • Address 220 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 5,300
notes
The bank took space on the ground floor with more than 100 feet of wraparound frontage.
  • Event Office Leasing
  • Address 220 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 3,387
notes
The real estate firm signs a lease for 14 years and six months and expands to take two full floors within the tower.

02/17/16
...two leases; one for ad agency Omnicom at 220 East 42nd Street and a renewal at music television production company Music Choice at 304-328 West 34th...