|Cross Streets:||8th & 9th Streets||Size:||1,110,581 SF|
|Year built:||1906||Architect:||D.H. Burnham & Company|
The office building at 770 Broadway in Manhattan’s NoHo district has a long and rich history. It was built in 1906 with a design by D.H. Burnham & Co., and originally housed the Wanamaker department store. The building, which occupies an entire city block along the diagonal thoroughfare in Lower Manhattan, was converted to offices in the late 1950s, after Wanamaker closed its store. Nowadays, the building is a highly desirable creative office hub, home to major companies like Facebook, Instagram, and AOL.
1.1 KSF of Class A, LEED Gold Office Space
The 770 Broadway building offers 1,156,000 square feet of Class A Lower Manhattan office space across its 14 stories. It was completely renovated and brought to modern standards in 2000, adding a new postmodern lobby designed by Hugh Hardy, state-of-the-art infrastructure, and an exterior lighting program that highlights the historic building facade. New air conditioning units and windows were also installed.
Average floor plates within the Vornado-owned building offer 75,000 square feet of space, and the property also features 160,000 square feet of retail. Further amenities include elevators that can accommodate 4 freight cars and 14 passenger cars, 24/7 security, terra cotta barrel-vaulted ceilings, and views of the Empire State Building, Greenwich Village, and the Meatpacking District.
Getting to and from 770 Broadway
One of the main attractions luring office tenants to 770 Broadway is the location. Those working within the building have easy access to all the dining and shopping destinations in NoHo and Lower Manhattan, while also benefiting from proximity to public transportation lines. The location is convenient to Astor Place and the many train lines that this station serves, including the N, R, 4 and 5 lines.
Who is renting office space at 770 Broadway?
770 Broadway was converted to office space in the 1950s, and had no trouble finding tenants due to its convenient and coveted location in NoHo. The first major tech tenant to join the building roster was AOL, which moved here in 2008 and joined Nielsen and J.Crew. In 2012, social media giant Facebook moved into the building, into a Frank Gehry-designed office, and over the years has expanded its footprint to occupy six floors. The building also houses Facebook subsidiary Instagram, Western Union, Convertro, as well as retail outposts by Bank of America and LOFT.
How much is the rent price for office space at 770 Broadway?
Office asking rents at 770 Broadway tend to come at a premium, given the building’s excellent location, state-of-the-art features, energy efficient amenities, and the high-profile tech tenants that call it home. Asking rents at the NoHo building tend to command more than $100 per square foot, above the overall Lower Manhattan average of $62 per square foot.
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