|Cross Streets:||39th & 40th Streets||Size:||400,000 SF|
|Year built:||1927||Architect:||George & Edward Blum|
The office building rising at 1412 Broadway in Midtown Manhattan was completed back in 1927, boasting a design by George & Edward Blum. Previously known as the Fashion Gallery Building and the Lefcourt Manhattan Building, 1412 Broadway sits a the heart of the Garment District, in close proximity to the vibrant Times Square. The property is currently home to various high-profile office and retail tenants, and has undergone renovations in recent years.
4000 KSF of Class A Garment District Office Space
The building at 1412 Broadway offers 400,000 square feet of Class A Garment District office space across its 25 stories. Currently owned by AB & Sons, which acquired the property back in 2014, the building is home to tenants in industries like fashion, media, publishing and advertising, as well as financial services. The tower features a number of setbacks in its design, which means that tenants of all sizes can rent office space here. The flexible layouts can comfortably accommodate small or mid-sized business on the higher floors, as well as large corporations on the lower floors.
Amenities at 1412 Broadway include 24/7 tenant access, on-site security, a lobby concierge, light-filled flexible floor plates, and views of Midtown Manhattan. In 2010, the building was completely renovated, adding a new building entrance, and updating elevators, mechanical, communications and life safety systems. The building’s facade was also renovated.
Getting to and from 1412 Broadway
1412 Broadway is conveniently located close to the bustling Times Square, providing tenants with access to the B, D, F, M, N, Q, R, 1, 2, 3, and 7 trains. The building also lies minutes away from Penn Station, Amtrak, New Jersey transit systems and LIRR, and is just steps from a plethora of retail, dining and hotels in the Midtown area.
Who is renting office space at 1412 Broadway?
The office building located at 1412 Broadway is home to several tenants in industries like media and advertising, financial services, publishing and fashion. Notable tenants operating in the 25-story tower include Escada, RE/MAX, Securitas, Fintech Studios, Workville, and StubHub.
How much is the rent price for office space at 1412 Broadway?
Office asking rents at 1412 tend to rest below the average commanded by Midtown Manhattan assets, which surpassed $89 per square foot at the close of 2019, according to CBRE. The Garment District is a more affordable option, especially for startups or mid-sized businesses in creative industries like fashion, media, or architecture, which tend to look for open, flexible office layouts at affordable prices.