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Rent/Lease Office 1221 Avenue of the Americas

Lease Office 1221 Avenue of the Americas

$ / SF SF Monthly Rent
Negotiable
30,900
Negotiable
Please notify me when a new space is available
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Times Sq & West 41st Street $ 72
9,200
$ 54,816
W 46th St & Avenue of the Americas $ 60
25,300
$ 126,500
Fifth Ave & West 44th Street $ 77
7,800
$ 50,050
Address $ / SF SF Monthly Rent
Avenue of the Americas & West 46th Street $ 40
4,200
$ 14,175
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
W 45th St & Avenue of the Americas $ 45
3,100
$ 11,625
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Type of Space Class A/month Class B/month Class C/month
Windowed office/person
Interior office/person
Team Rooms
Suites

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
Fifth Ave & West 44th Street $ 75
15,100
$ 94,375
Fifth Ave & West 42nd Street $ 95
14,300
$ 113,208
Avenue Of The Americas & West 46th Street $ 92
15,400
$ 117,425
Address $ / SF SF Monthly Rent
Broadway & West 43rd Street $ 63
3,000
$ 15,750
W 45th St & Seventh Avenue $ 73
3,100
$ 18,858
W 47th St & Avenue of the Americas $ 70
4,500
$ 26,250
Broadway & Eighth Avenue $ 64
4,600
$ 24,533
Address $ / SF SF Monthly Rent
Avenue of the Americas & West 43rd Street $ 85
1,500
$ 10,625
Avenue of the Americas & West 43rd Street $ 90
2,200
$ 16,500
Address $ / SF SF Monthly Rent
7th Ave & West 40th Street $ 36
9,500
$ 28,500
Address $ / SF SF Monthly Rent
Broadway & Eighth Avenue $ 64
4,500
$ 24,000
W 41st St & Seventh Avenue $ 50
2,900
$ 12,083
W 45th St & Avenue of the Americas $ 45
3,800
$ 14,250
W 45th St & Sixth Avenue $ 38
4,400
$ 13,750
7th Ave & West 40th Street $ 42
2,500
$ 8,854
W 44th St & Avenue of the Americas $ 45
4,400
$ 16,500
W 44th St & Thirty Fifth Avenue $ 48
4,500
$ 18,000
Broadway & Seventh Avenue $ 43
2,500
$ 8,958
7th Ave & West 48th Street $ 47
5,600
$ 21,933
Address $ / SF SF Monthly Rent
Broadway & Eighth Avenue $ 64
2,200
$ 11,733
W 44th St & Thirty Fifth Avenue $ 48
2,000
$ 8,000
W 45th St & Sixth Avenue $ 42
2,400
$ 8,400
Times Sq & Seventh Avenue $ 58
1,900
$ 9,183
Broadway & Seventh Avenue $ 41
1,800
$ 6,150
7th Ave & West 40th Street $ 38
2,200
$ 6,875
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
W 45th St & Eleventh Avenue $ 32
3,000
$ 8,000
W 46th St & Between 7th Avenue $ 34
2,800
$ 7,933
Address $ / SF SF Monthly Rent

Retail Spaces for Rent at 1221 Avenue of the Americas

Rent Retail 1221 Avenue of the Americas

$ / SF SF Monthly Rent
Negotiable
4,700
Negotiable
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent

Rent Medical Space at 1221 Avenue of the Americas

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 1221 Avenue of the Americas. This trend is projected to continue. Opportunities for subleases remain available at 1221 Avenue of the Americas and in the nearby Times Square neighborhood.
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1221 Avenue of the Americas Property Overview

Building Address: 1221 Avenue of the Americas, New York NY 10020
Building Alternate Address: 1221 Ave of the Americas
Zip Code:10020
Neighborhood:Times Square
Borough:Manhattan
Stories:51
Year Built:1971
Building Class:A
Block & lot:01001-0029

1221 Avenue of the Americas, located in Midtown Manhattan, New York City, is a prominent International Style skyscraper. Designed by Wallace Harrison of Harrison, Abramovitz & Harris, it was part of the Rockefeller Center expansion in the 1960s and 1970s, known as the "XYZ Buildings". The building was completed in 1973 and served as the headquarters for McGraw-Hill Financial from 1972 to 2015.

The structure features a distinctive seven-story base and a simple, cuboid massing with a facade of red granite piers alternating with glass stripes. It is set back 115 feet from Sixth Avenue and includes a sunken courtyard that once housed the "Sun Triangle," a 49-foot abstract steel sculpture by Athelstan Spilhaus.

The building has undergone significant restorations, including major works in 2016 and 2023, to maintain its architectural integrity and adapt to modern needs. It earned a LEED green-building certification in 2009 and underwent a $50 million renovation of its plaza and retail space, completed in 2023.

Today, the building is home to prominent tenants such as Deloitte, Sirius XM Satellite Radio, and law firms Mayer Brown and White & Case.

1221 Avenue of the Americas, also known as the McGraw-Hill Building, is a prominent office building located in Midtown Manhattan, New York City. Situated at the corner of 48th and 49th Streets, this 51-story skyscraper was part of the Rockefeller Center expansion in the 1970s.

Designed by architect Wallace Harrison, the building features a distinctive red granite and glass façade, emphasizing verticality. It was originally the headquarters for McGraw-Hill Financial and now houses various notable tenants, including Deloitte and Sirius XM Satellite Radio.

The building offers modern amenities such as a renovated lobby, a modern conference center, and a 346-seat auditorium. Its central location provides easy access to major subway lines and nearby attractions.

Renovations have enhanced the building's sustainability and appeal, earning it a LEED green-building certification in 2009. A recent $50 million renovation of the plaza and entrance further elevates its status as a premier office location in Manhattan.


1221 Avenue of the Americas offers a range of amenities to enhance the office experience:

  • Bike Facilities: 50 bike racks, showers, and changing rooms.
  • Dining and Transportation: In-building access to dining options and public transportation.
  • Outdoor Spaces: Over 4,000 square feet of outdoor plaza space.
  • Meeting Spaces: Flexible meeting space for up to 630 people.
  • Conference Center and Auditorium: Modern conference center and a 346-seat auditorium.
  • Wellness and Sustainability: LEED Gold certified with advanced air filtration systems.
  • Convenience: Direct access to multiple subway lines and proximity to major retail and dining areas.

1221 Avenue of the Americas, located in the heart of Midtown Manhattan, is home to a diverse range of prestigious tenants. Some of the notable tenants include:

  • Comcast for NBC Universal
  • White & Case
  • Mayer Brown
  • Deloitte
  • Endurance Specialty Holdings
  • Dentons
  • Tokio Marine
  • Morgan Stanley
  • SiriusXM

Internet Providers at 1221 Avenue of the Americas, Manhattan, NYC:

  • Verizon Fios: Known for high speeds up to 2 Gbps and reliable service.
  • Astound Broadband Powered by RCN: Offers both cable and fiber services with competitive pricing.
  • Spectrum: Provides widespread cable internet coverage with speeds up to 1 Gbps.

1221 Avenue of the Americas, located in Midtown Manhattan, offers convenient transportation options. The building is situated between 48th and 49th Streets, near major subway lines including the B, D, F, and M trains at the 47th–50th Streets–Rockefeller Center station. This central location provides easy access to various parts of New York City.


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Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
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Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price.
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Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
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Cost Savings: They negotiate rental price and identify/abate "hidden costs."

Why Optimal Spaces –
Tenant Broker

  • No fee for clients renting space.
  • We work for YOU, not the landlord.
  • Save 15–20% on your business costs.
  • Save 100–200 hours of research.
  • Access to all available spaces.
  • Specialized real estate expertise.

Alone or with other broker

  • Miss deals and hard-to-find spaces.
  • Potential conflict of interest (often represent landlords).
  • Only 10% of available spaces are online.
  • Lack of specialized expertise.
  • May not get the best terms or uncover hidden costs.
Why Use a Tenant Broker: Your Advocate in Commercial Real Estate
1. The Crucial Distinction: Whose Side Are They On?
Landlord Rep (Listing Agent) — Fiduciary Duty: Landlord. Highest rent, best terms for landlord.
Tenant Rep (Tenant Broker) — Fiduciary Duty: Tenant Only. Lowest rent, best terms for tenant. Levels the playing field.
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
Landlord pays the broker fee — free expert representation for the tenant.
Access to hidden inventory: off-market listings, subleases, and future availabilities via broker databases and networks.
Negotiating beyond base rent: free rent, TI allowance, OPEX caps, and lease flexibility for renewal or expansion.
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
Tenant broker handles searching, scheduling, and RFPs — your outsourced real estate department with curated options and timeline management.
Mitigating risk: spotting pitfalls in LOI and lease such as restoration clauses and holdover penalties.
Summary: Don’t rely on the landlord’s agent. A tenant broker is your advocate, provides better data, negotiates a complete package, and typically costs you nothing.

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