|Cross Streets:||Vesey & Barclay Streets||Size:||480,831 SF|
|Year built:||1927||Architect:||York & Sawyer|
The office tower at 225 Broadway was completed in 1927, boasting a Renaissance Revival design by York & Sawyer. Also known as the Transportation Building, it has an alternate address of 2-4 Barclay Street, and is situated in Tribeca, across the street from the Woolworth Building. The site on which the tower sits on was previously part of Astor House, the first luxury hotel in New York City. The hotel was demolished and the Transportation Building was constructed, featuring a setback-design to respect the requirements of the 1916 zoning resolution.
460 KSF of Class B Office Space in Midtown South
The 43-story building at 225 Broadway features more than 460,000 square feet of Class B office space and roughly 15,000 square feet of retail. The building, owned by Braun Management, offers tenants amenities like onsite security, 24/7 access, UPS drop off, and an attended lobby.
The retail space houses restaurants, a jeweler, an art gallery, and a dental office.
Getting to and from 225 Broadway
The Transportation Building benefits from an excellent location in the heart of Tribeca, offering easy access to all the popular attractions of Midtown South. The building is convenient to several subway lines, including the N, R, R, 2, 3, 4, 5, A, C, E, J, N, R, Z and PATH trains.
Who is renting office space at 225 Broadway?
The office building at 225 Broadway is home to a plethora of companies operating in the legal sector, as well as several medical office tenants and media and communications firms. Notable office-using tenants include CMA Law Group, Palant & Shapiro, Golub & Golub, Rosenthal Law & Mediation, Buckley Law Group, Utopia Music, Refinery29, and Smarter Skin Dermatology.
How much is the rent price for office space at 255 Broadway?
Renting office space in Midtown South is not cheap; asking rents in the submarket reached $84 per square foot in 2019, a new record-high. Large-block availabilities are limited, which is the case of 225 Broadway, which due to its setbacks doesn’t offer large, open-space floorplans. Because of this rents at the Transportation Building are more affordable, hovering around $50 per square foot.