|Address:||120 Broadway, Equitable Building||Class:||A|
|Cross Streets:||Pine Street & Cedar Streets||Size:||1,849,394 SF|
|Year built:||1915||Architect:||Ernest R. Graham of Graham, Anderson, Probst & White|
The Beaux Arts office tower at 120 Broadway in Lower Manhattan was completed in 1915. Known as the Equitable Life Building, the tower was designed by Ernest R. Graham, and spans a full block bordered by Broadway and Nassau, Pine and Cedar Streets. Upon completion, 120 Broadway was the largest office building in the world, featuring 1.9 million square feet of space. Nowadays, the tower is home to various tenants in the legal sector, financial services, real estate, media and technology.
1.9 MSF of Class A FiDi Office Space
The imposing tower at 120 Broadway offers 1.9 million square feet of Class A, LEED Gold-certified Financial District office space. Rising 40 floors above ground, the Silverstein Properties-owned building includes 30,000 square feet of retail space, and was completely renovated in 1990. The property incorporates a grand lobby, 50,000-square-foot floor plates, and tenant-exclusive rooftop terrace, lounge, cafe and food hall.
Getting to and from 120 Broadway
The office tower at 120 Broadway is conveniently located in the heart of Lower Manhattan, connecting tenants to several major public transportation options. The asset offers in-building entry to the 4, 5, J, M, Z, 2, and 3 subway lines, and lies in close proximity to the New Jersey-bound PATH, bus and ferry lines. The Holland Tunnel, the West Side Highway, and FDR Drive are also located nearby, as are the World Trade Center Transportation Hub and the MTA Fulton Transit Center.
Who is renting office space at 120 Broadway?
120 Broadway houses various high-profile corporations and businesses operating in industries such as law, financial services, banking, media, publishing, and technology. Notable office tenants on the tower’s roster include HSBC, Mediaocean, Macmillan, New York Life, Metro USA, Americon, the Federal Savings Bank, the Downtown Alliance, and the New York Law Institute. Retail tenants include the Travel Network, Citibank, The Capital Grille, Manon Cafe, and Ashby’s.
How much is the rent price for office space at 120 Broadway?
Office asking rents at 120 Broadway are roughly on par with the Lower Manhattan average, which tends to hover around the mid-$60s per square foot mark. The Financial District is one of the most coveted submarkets in Manhattan, home to a plethora of large corporations, government offices and corporate headquarters, and Class A office space often comes at a premium here.