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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
  • Event Office Leasing
  • Address 220 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 75,000
  • Publication Date 02/11/2019
  • Event Date 02/05/2019
  • Party 1 SL Green Realty
  • Party 1 Brokerage Cushman & Wakefield
  • Party 2 Young Adult Institute
  • Party 2 Brokerage JLL
notes
The nonprofit signed a lease for the Murray Hill space.
  • Event Retail Leasing
  • Address 220 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 29,400
  • Publication Date 10/22/2018
  • Event Date 10/18/2018
  • Party 1 SL Green Realty
  • Party 2 Community Preservation Corp
notes
The tenant inked a 30-year lease for the Murray Hill location.
  • Event Sales
  • Address 220 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 308,000
  • Price $ 91,800,000
  • Publication Date 09/04/2018
  • Event Date 08/28/2018
  • Party 1 SL Green Realty
  • Party 2 The Visiting Nurse Service of New York
notes
The buyer bought a condo inside the Murray Hill property for $91.8 million.
  • Event Office Leasing
  • Address 220 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 13,771
  • Price per foot $ 67.00
  • Publication Date 09/25/2017
  • Event Date 09/19/2017
  • Party 1 SL Green Realty
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Tara Stacom, Barry Zeller, Justin Royce, Matthias Li
  • Party 2 AmTrust Title Insurance Company
notes
The title insurance company renewed and expanded its lease for 10 years.
  • Event Sales
  • Address 220 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 1,200,000
  • Price $ 24,755,490
  • Publication Date 07/01/2017
  • Event Date 05/05/2017
  • Party 1 SL Green Realty
  • Party 2 American Jewish Joint Distribution Committee
notes
The commercial condo unit was sold for $24.755 million.
  • Event retail Leasing
  • Address 220 East 42nd Street
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 3,300
notes
Yaso Tangbao, a Shanghainese soup dumpling eatery, has signed a 10-year lease
  • 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.

02/17/2016
SL Green Realty was the landlord on 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 Street, for a combined 219,962 square feet leased...
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