Boundaries for Grand Central
Grand Central is located in Midtown Manhattan and is bound by 7th Avenue to 1st Avenue from 36th Street to 56th Street.
Class A Office Leases
Grand Central contains 70 Class A office buildings offering 550 different office spaces for lease. In total, there are currently 6,083,394 square feet of rentable Class A office space available.
Class B Office Leases
Grand Central contains 41 Class B office buildings offering 192 different office spaces for lease. In total, there are currently 492,296 square feet of rentable Class B office space available.
Commute to Grand Central
The Grand Central Terminal is one of the main transportation centers in the region. It serves the Metro-North trains as well as the East Side 4, 5 and 6 local and express subway lines. The 7 subway terminals and the transport along 42nd Street are also available at the terminal. Moreover, most of the buildings of the Grand Central District are within walking distance of the Sixth Avenue Subway Line (B, D, F, and V).
SL Green’s One Vanderbilt building, midtown's new supertall, with a projected completion date of August, 2020 has attracted a number of high end clients. One Vanderbilt overlooks Grand Central Station.
Current Largest and Newest Tenants
Tenants for One Vanderbilt include Sentinel Capital Partners, The Carlyle Group, TD Bank, and KPS Capital Partners.
History of Office Leasing in Grand Central
Midtown Manhattan was built around the Grand Central Terminal. When the current terminal started out in 1913, the city's central business district, centered in Donegal, moved to Midtown. In the 1930s, the finished Art Deco Chrysler Building was at that time the tallest building in the world. In recent years, the Grand Central Terminal has undergone an extensive renovation and has emerged as one of the city's jewels, a destination for the restaurants retailers and restaurants. The neighborhood is affluent in hotels, restaurants, and shops. Park Avenue north of Grand Central Terminal remains one of the most prestigious corporate addresses in the world.