trd topics
advanced search 3 Columbus Circle
3 Columbus Circle is a 310-foot office skyscraper in Midtown, Manhattan. The original building, known as the Colonnade Building, had only three stories and was constructed in 1923. Four years later, a tower designed by Shreve & Lamb architects was built on top of it. The building is part of Columbus Circle, a traffic circle featuring a Christopher Columbus monument at the southwest corner of Central Park.
In 2011, New York realty company SL Green acquired 48.9% ownership in the building from developer Joseph Moinian who was was facing foreclosure. The sale price was reported to be $500 million. Moinian had originally bought the building in 2004 for $250 million.
Current tenants at the building include Young & Rubicam, who occupy nearly 44% of the building with their 340,000-square-foot headquarters, nearly 215,000 square feet of which Young & Rubicam bought as a commercial condo. Bank of America, Chase Bank, and Gilder Gagnon Howe & Co. also hold leases at the building.
-WP
- Address 3 Columbus Circle
- neighborhood Midtown
- borough Manhattan
- owner Moinian Group, SL Green Realty
- owner entity DEVASH LLC
- height in feet 310
- floors 25
- Year Built 1927
- square feet 618,403
- block and lot 1-01029-7501
- BIN 1024900
You can't download files. If you have account, visit
My Account page or Subscribe to one of the download plans.
My Account page or Subscribe to one of the download plans.
12/11/18
...handful of assets including a 48.9 percent stake in 3 Columbus Circle and an office condo at 1745 Broadway for $633 million.
“Our discounted stock price continues to...
12/10/18
...to buy SL Green Realty’s stake in 3 Columbus Circle for about $233 million.
Check out the slideshow above for a look at the firm's...
...handful of assets including a 48.9 percent stake in 3 Columbus Circle and an office condo at 1745 Broadway for $633 million.
“Our discounted stock price continues to...
11/12/18
...into contract to sell a 48.9 percent interest in 3 Columbus Circle to the Moinian Group, which owns the remainder of the property. SL Green expects...
...into contract to sell a 48.9 percent interest in 3 Columbus Circle to the Moinian Group, which owns the remainder of the property. SL Green expects...
08/20/18
...Joseph Moinian and 3 Columbus Circle (Credit: Getty Images and SL Green)
The Moinian Group plans to buy SL Green...
08/13/18
...past.
The Marc Holliday-led REIT rescued Moinian at 3 Columbus Circle — the only NYC office property he’s developed — back in 2010. The lender, Deutsche Bank...
01/30/18
...past.
The Marc Holliday-led REIT rescued Moinian at 3 Columbus Circle — the only NYC office property he’s developed — back in 2010. The lender, Deutsche Bank...
...past.
The Marc Holliday-led REIT rescued Moinian at 3 Columbus Circle — the only NYC office property he’s developed — back in 2010. The lender, Deutsche Bank...
11/14/17
...dispute against Related Companies and Deutsche Bank at 3 Columbus Circle. He also represented Yair Levy — who in 2014 was banned from ever selling apartments in...
...dispute against Related Companies and Deutsche Bank at 3 Columbus Circle. He also represented Yair Levy — who in 2014 was banned from ever selling apartments in...
09/29/17
...relocate its offices from the Moinian Group’s 3 Columbus Circle...
02/15/17
...and second floors of SL Green Realty’s 3 Columbus Circle, but in the end decided to use that space for a men’s department...
12/27/16
...Group, which is planning a hotel conversion.
4) Nordstrom, 3 Columbus Circle, $13.5 million
The Seattle-based department store had been rumored to be eyeing the Moinian Group...
...at SL Green Realty and Moinian Group’s 3 Columbus Circle last January. Derek Trulson of JLL, which ranked No. 8, and Stephen Stephanou of Crown...
...traded barbs as they wrestled for control of 3 Columbus Circle.
Moinian was struggling to restructure the $250 million mortgage on the 26-story building — one of...
09/06/16
The Moinian Group is revving up its retail game with a 60,000-square-foot deal with automotive giant Volvo. Tags: auto row, moinian group...
...will be located at 1778 Broadway, 5 Columbus Circle and 3 Columbus Circle, the heart of the new Nordstrom will sit at the base of the massive...
06/20/16
...locations at two other SL Green buildings at 3 Columbus Circle and 125 Park Avenue, as well as one at 28 West 44th Street, which the landlord...
05/20/16
...significant leases. Nordstrom inked a 43,000-square-foot deal at 3 Columbus Circle.
While the data has not quite caught up, brokers said it’s taking longer...
...owners SL Green Realty and Moinian Group at 3 Columbus Circle.
To broker or not to broker?
The last time TRD ranked commercial mortgage brokers...
02/12/16
...SL Green Realty and the Moinian Group’s 3 Columbus Circle, will not.
The store is slated to open in 2019.
James Carpenter Design Associates designed...
01/28/16
...From left: Nordstrom and 3 Columbus Circle
SL Green Realty announced Wednesday that it had inked a 43,000 square foot deal that...
01/27/16
...with Nordstrom to anchor three retail levels at 3 Columbus Circle, which SL Green owns in partnership with the Moinian Group.
The new store “will...
09/30/15
...From left: Nordstrom Rack store and 3 Columbus Circle
Nordstrom Rack is looking at a Central Park location just a block away from...
- Event Retail Leasing
- Address 3 Columbus Circle
- Neighborhood Times Square
- Borough Manhattan
- Square feet 3,973
- Publication Date 01/01/2017
- Event Date 11/17/2016
- Party 1 SL Green Realty, Moinian Group
- Party 2 Nordstrom
- Party 2 Brokerage JLL
- Party 2 Broker Derek Trulson
notes
The retail giant signed an expanion lease.
- Event Retail Leasing
- Address 3 Columbus Circle
- Neighborhood Columbus Circle
- Borough Manhattan
- Square feet 43,000
- Publication Date 03/01/2016
- Event Date 01/01/2016
- Party 1 SL Green Realty, Moinian Group
- Party 1 Brokerage Winick Realty Group
- Party 1 Broker Jeff Winick
- Party 2 Nordstrom
- Party 2 Brokerage JLL, Crown Retail Services
- Party 2 Broker Derek Trulson, Stephen Stephanou
notes
The popular department store signed a 23-year lease.
- Event Office Leasing
- Address 3 Columbus Cir
- Neighborhood Hell's Kitchen
- Borough Manhattan
- Square feet 21,342
- Publication Date 12/01/2014
- Event Date 10/17/2014
- Party 1 SL Green Realty, Moinian Group
- Party 2 Versace USA
- Party 2 Brokerage Cassidy Turley
- Party 2 Broker Jonathan Schindler, David Mainthow
notes
The fashion brand signed a lease to occupy the 20th floor.
- Event Retail Leasing
- Address 3 Columbus Circle
- Neighborhood Midtown
- Borough Manhattan
- Square feet 24,162
- Publication Date 11/14/2014
- Event Date 10/05/2014
- Party 1 3 Columbus Circle
- Party 1 Brokerage Winick Realty Group
- Party 1 Broker Kelly Gedinsky, Michael Gleicher, Patty Holmstrom,
- Party 2 Spirit Halloween
- Party 2 Brokerage Task Realty
- Party 2 Broker Adam Stupak
notes
The halloween retailer signed a lease.
- Event Retail Leasing
- Address 3 Columbus Circle
- Neighborhood Midtown West
- Borough Manhattan
- Square feet 21,159
- Publication Date 06/01/2013
- Event Date 04/22/2013
- Party 1 SL Green Realty, Moinian Group
- Party 1 Brokerage Winick Realty Group
- Party 1 Broker Jeff Winick
- Party 2 CVS
- Party 2 Brokerage Newmark Grubb Knight Frank
- Party 2 Broker Jason Pruger
notes
The drugstore signed a 15-year lease for another location.
- Event Office Leasing
- Address 3 Columbus Circle
- Neighborhood Midtown West
- Borough Manhattan
- Square feet 34,000
- Price per foot $ 70.00
- Publication Date 12/01/2012
- Event Date 10/22/2012
- Party 1 Moinian Group, SL Green Realty
- Party 1 Brokerage Newmark Grubb Knight Frank
- Party 1 Broker Brian Waterman, Scott Klau
- Party 2 Brand Union
- Party 2 Brokerage CBRE
- Party 2 Broker Mary Ann Tighe, Gregory Tosko
notes
The global brand agency signed an expansion lease, the New York Post reported.
- Event Sales
- Address 3 Columbus Circle
- Neighborhood Midtown West
- Borough Manhattan
- Square feet 214,372
- Price $ 144,000,000
- Price per foot $ 671.73
- Publication Date 01/01/2012
- Event Date 11/22/2011
- Party 1 SL Green Realty, Moinian Group
- Party 1 Brokerage Newmark Grubb Knight Frank
- Party 1 Broker James Kuhn, Scott Klau, Brian Waterman, Erik Harris, Lance Korman
- Party 2 Young & Rubicam Group
- Party 2 Brokerage CBRE
- Party 2 Broker Mary Ann Tighe, Gregory Tosko
notes
Floors three through eight of the building sold for about $144 million, or $671 per square foot, the New York Post reported. The buyer also signed a 20-year lease for floors nine, 10, 18 and 19.
- Event Office Leasing
- Address 3 Columbus Circle
- Neighborhood Midtown West
- Borough Manhattan
- Square feet 124,760
- Publication Date 01/01/2012
- Event Date 11/22/2011
- Party 1 SL Green Realty, Moinian Group
- Party 1 Brokerage Newmark Grubb Knight Frank
- Party 1 Broker James Kuhn, Scott Klau, Brian Waterman
- Party 2 Young & Rubicam Group
- Party 2 Brokerage CBRE
- Party 2 Broker Mary Ann Tighe, Gregory Tosko
notes
The advertising firm signed a 20-year lease for floors nine, 10, 18 and 19. In addition, the company purchased an additional 214,372 square feet at the building, also known as 1775 Broadway, as a commercial condominium, Crain's reported.
- Event Financing
- Address 3 Columbus Circle
- Neighborhood Midtown West
- Borough Manhattan
- Square feet 768,565
- Price $ 260,000,000
- Publication Date 06/01/2011
- Event Date 04/22/2011
- Party 1 SL Green Realty
- Party 2 Bank of China
notes
A new five-year $260 million loan was provided to refinance the building. The mortgage has an earn-out option that increases the loan up to $300 million after certain performance thresholds are reached. The $250 million acquisition bridge loan originated in January 2011 by SL Green and Deutsche Bank was also repaid. 26-story office building.
- Event Office Leasing
- Building Name Newsweek Building
- Address 1775 Broadway
- Neighborhood Midtown West
- Borough Manhattan
- Square feet 2,350
- Price per foot $ 64.00
- Publication Date 01/01/2008
- Event Date 11/22/2007
- Party 1 Brokerage Newmark Grubb Knight Frank
- Party 1 Broker Adam Haber
- Party 2 South Bay Partners
- Party 2 Brokerage Bostick Realty
- Party 2 Broker Charles Diemar
notes
The insurance-based hedge fund inked a relocation lease. The company is moving from its previous offices in St. Thomas in the US Virgin Islands.
- Event Retail Leasing
- Address 1775 Broadway
- Neighborhood Midtown West
- Borough Manhattan
- Square feet 2,717
- Publication Date 08/01/2007
- Event Date 06/22/2007
- Party 1 Moinian Group
- Party 1 Brokerage Newmark Grubb Knight Frank
- Party 1 Broker Michael Dreizen, Andrew Udis
- Party 2 Shobha Threading
- Party 2 Brokerage Newmark Grubb Knight Frank
- Party 2 Broker Stephanie Guernsey
notes
The salon leased space.
- Event Office Leasing
- Building Name Newsweek Building
- Address 1775 Broadway
- Neighborhood Midtown West
- Borough Manhattan
- Square feet 10,132
- Publication Date 04/01/2007
- Event Date 02/20/2007
- Party 1 Moinian Group
- Party 1 Brokerage Newmark Grubb Knight Frank
- Party 1 Broker Michael Dreizen, Andrew Udis
- Party 2 Columbia University
- Party 2 Brokerage Columbia University
- Party 2 Broker Shari Colburn
notes
The tenant inked a five-year renewal and expansion lease.
- Event Office Leasing
- Building Name Newsweek Building
- Address 1775 Broadway
- Neighborhood Midtown West
- Borough Manhattan
- Square feet 2,565
- Publication Date 01/01/2007
- Event Date 11/22/2006
- Party 1 Moinian Group
- Party 1 Brokerage Newmark Grubb Knight Frank
- Party 1 Broker Michael Dreizen
- Party 2 Xerox Corporation
- Party 2 Brokerage JLL
- Party 2 Broker Kenneth Braver
notes
The tenant signed a lease renewal.
- Event Office Leasing
- Building Name Newsweek Building
- Address 1775 Broadway
- Neighborhood Midtown West
- Borough Manhattan
- Square feet 36,000
- Publication Date 12/01/2006
- Event Date 10/22/2006
- Party 1 Brokerage Newmark Grubb Knight Frank
- Party 2 Gilder Gagnon Howe & Company
- Party 2 Brokerage CBRE
- Party 2 Broker James Emden, Alan Desino
notes
The investment firm inked a 10-year renewal and expansion lease for the entire 24th to 26th floors. The expansion secures the portion of the 24th floor that had previously been occupied by another tenant.
- Event Office Leasing
- Building Name Newsweek Building
- Address 1775 Broadway
- Neighborhood Midtown West
- Borough Manhattan
- Square feet 2,000
- Publication Date 09/01/2005
- Event Date 07/23/2005
- Party 1 Brokerage Newmark Grubb Knight Frank
- Party 1 Broker Michael Dreizen
- Party 2 MEC Management
- Party 2 Brokerage Hidrock Realty
- Party 2 Broker Matthew Dweck
notes
Real estate management firm takes space
- Event Office Leasing
- Building Name Newsweek Building
- Address 1775 Broadway
- Neighborhood Midtown West
- Borough Manhattan
- Square feet 5,927
- Publication Date 11/01/2004
- Event Date 09/22/2004
- Party 1 Devash
- Party 1 Brokerage Rolfe Group
- Party 1 Broker Laurence Meltzer
- Party 2 Diamond, Wohl, Fried, Roth & Co
- Party 2 Brokerage Grubb & Ellis
- Party 2 Broker Barrett Stern
- Event Office Leasing
- Building Name Newsweek Building
- Address 1775 Broadway
- Neighborhood Midtown West
- Borough Manhattan
- Square feet 28,000
- Publication Date 07/01/2004
- Event Date 05/22/2004
- Party 1 Telemundo
- Party 1 Brokerage Cushman & Wakefield
- Party 2 Beth Israel Medical Center
- Party 2 Brokerage GVA Williams Real Estate
- Party 2 Broker Brian Given
notes
Hospice division of hospital signs sublease for office space
05/20/16
...significant leases. Nordstrom inked a 43,000-square-foot deal at 3 Columbus Circle.
While the data has not quite caught up, brokers said it’s taking longer...
...owners SL Green Realty and Moinian Group at 3 Columbus Circle.
To broker or not to broker?
The last time TRD ranked commercial mortgage brokers...
...return calls.
Meanwhile, CVS took 25,000 square feet at 3 Columbus Circle, while grocer Jubilee Marketplace inked a deal for 25,000 square feet at 5 East 17th Street...
