|Address:||32 Avenue of the Americas||Class:||A|
|Cross Streets:||Beach & Lispenard Streets||Size:||1,150,000 SF|
|Year built:||1932||Architect:||Voorhees, Gmelin and Walker|
The Art Deco office building at 32 Avenue of the America in Midtown South was originally known as the AT&T Long Distance Building, until 1999, when it sold to Rudin Management. It was built in 1933, designed by Voorhees, Gmelin and Walker and was extensively renovated in 2002, with Fox & Fowle at the helm. Nowadays, the Tribeca office building is home to various companies in the media and communications industries, and features state-of-the-art amenities.
1 MSF of Class A Tribeca Office Space
The 28-story building at 32 Avenue of the Americas features more than 1.1 million square feet of Class A Tribeca office space. Owned and managed by Rudin Management, the building was fully renovated in 2002 and includes close to 59,000 square feet of retail space. The renovation effort added new mechanical and communications infrastructure, and the tower now also includes a roughly 569,000-square-foot data center. Other features include high ceilings, large windows and expensive floor plates, while onsite amenities include bike storage for tenants and 24/7 building access.
Getting to and from 32 Avenue of the Americas
The building at 32 Avenue of the Americas incorporates an entrance to the Canal Street Station, which serves the A, C, and E subway lines. The building is also convenient to the 1, 6, N and Q lines, as well as to several bus stops.
Who is renting office space at 32 Avenue of the Americas?
32 Avenue of the Americas has historically housed telecommunications and media companies, most notably AT&T, which also gave it its name. Nowadays, the building’s tenant roster includes high-profile companies like Verizon, CenturyLink, Digital Realty, iHeartMedia, Cambridge University Press and the Tribeca Film Institute, among others. The retail space also features a Starbucks cafe.
How much is the rent price for office space at 32 Avenue of the Americas?
Office asking rents at 32 Avenue of the Americas are roughly on par, even slightly below, the Midtown South average of $84 per square foot. Asking rents in the Tribeca submarket generally rest around $70 per square foot, with Class A office space fetching a bit more, towards the $80 per square foot mark.