|Address:||199 Water Street||Class:||A|
|Cross Streets:||John & Fulton Streets||Size:||1,160,067 SF|
|Year built:||1984||Architect:||Swanke Hayden Connell Architects|
The massive office building at 199 Water Street in Manhattan’s Financial District was built in 1984 and is a recognizable staple on the Lower Manhattan skyline. The building was designed by Swanke Hayden Connell Architects and features two distinct granite facades meant to suit the different historic districts of the South Street Seaport to the East and Downtown Manhattan to the West. Currently owned by Jack Resnick & Sons, the building, also known as One Seaport Plaza, was renovated in 2013 and features modern office space and a plethora of amenities.
1.1 MSF of Class A FiDi Office Space
One Seaport Plaza offers 1,160,067 square feet of Class A Financial District office space across 35 floors, and boasts LEED certification for its energy efficient features. Average office floor plates are 35,000 square feet in size, and are served by 19 passenger elevators and 2 freight elevators. The building also includes 47,000 square feet of retail space, and commercial underground parking. Further amenities include a modern lobby incorporating artwork by acclaimed artist Frank Stella, USPS drop-off, bicycle storage, 24/7 tenant access and on-site security.
Getting to and from One Seaport Plaza
Located along the East River, south of the Brooklyn Bridge and near the South Street Seaport,
One Seaport Plaza is convenient to a variety of transportation options, including the J, Z, 2 and 3 trains, and also offers access to water taxis and the heliport. Furthermore, the World Trade Center complex and the Fulton Transit Hub are just steps away.
Who is renting office space at One Seaport Plaza?
One Seaport Plaza is home to various high-profile tenants in industries like finance, media, tech, and healthcare. Notable tenants on the building’s roster include SCOR, Briggs Advertising, Epsilon, BGC Partner, Aflac, The Howard Hughes Corp., Western Union, WeWork, OneCity Health, and Vault. Retail tenants include Abercrombie & Fitch and a Roast Kitchen restaurant.
How much is the rent price for office space at One Seaport Plaza?
Office asking rents at One Seaport Plaza tend to be roughly on par with the average found in the Financial District, which hovers around the $57 per square foot mark. Office rents are significantly more affordable in Lower Manhattan compared to Midtown submarkets, which has led many businesses to relocate to this part of the island, which historically has been home to corporations in financial services and law.