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Rent/Lease Office 50 W 47th St

Class A 10036 Buildings Times Square

Lease Office 50 W 47th St

$ / SF	SF	Monthly Rent
$ 86.5

$ / SF	SF	Monthly Rent
$ 96

Rent Sublease Office at 50 W 47th St

$ / SF	SF	Monthly Rent
Negotiable

Nearby Sublease office Spaces for Rent

Address	$ / SF	SF	Monthly Rent
Times Sq & West 41st Street	$ 72	9,200	$ 55,583
W 46th St & Avenue of the Americas	$ 60	25,300	$ 126,500
Fifth Ave & West 44th Street	$ 75	7,800	$ 48,750

Address	$ / SF	SF	Monthly Rent
Fifth Ave & West 45th Street	$ 58	2,800	$ 13,533
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
W 45th St & Fifth Avenue	$ 50	1,900	$ 7,916

Address	$ / SF	SF	Monthly Rent

Address	$ / SF	SF	Monthly Rent

Address	$ / SF	SF	Monthly Rent

Tipo de espacio	Clase A/mes	Clase B/mes	Clase C/mes
Oficina con ventana/persona
Oficina interior/persona
Salas de equipo
Suites

Nearby office Spaces for Rent

Address	$ / SF	SF	Monthly Rent
Fifth Ave & West 44th Street	$ 75	15,100	$ 94,375
Fifth Ave & West 43rd Street	$ 185	10,300	$ 158,791
Fifth Ave & West 42nd Street	$ 95	14,300	$ 113,208

Address	$ / SF	SF	Monthly Rent
Broadway & West 43rd Street	$ 63	3,000	$ 15,750
W 45th St & Seventh Avenue	$ 72	3,100	$ 18,470
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
W 44th St & Fifth Avenue	$ 77	2,400	$ 15,400

Address	$ / SF	SF	Monthly Rent
7th Ave & West 40th Street	$ 36	9,500	$ 28,500
Avenue of the Americas & West 44th Street	$ 64	11,900	$ 63,962

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	$ 36	4,400	$ 13,200
7th Ave & West 40th Street	$ 41	2,500	$ 8,541
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
W 44th St & Avenue of the Americas	$ 47	2,000	$ 7,833

Address	$ / SF	SF	Monthly Rent
Eleventh Ave & West 44th Street	$ 39	8,700	$ 28,231

Address	$ / SF	SF	Monthly Rent
W 45th St & Eleventh Avenue	$ 32	3,000	$ 8,000
W 46th St & Between 7th Avenue	$ 32	2,800	$ 7,583

Address	$ / SF	SF	Monthly Rent

Rent Retail 50 W 47th St

$ / SF	SF	Monthly Rent
$ 85.0

Rent Medical Space at 50 W 47th St

Medical Direct Offices
Medical Subleases Offices

Nearby Tenants

Nearby Office Tenants Leased

WeWork leased 135,500 SF at 609 Fifth Avenue
First Republic Bank leased 130,000 SF at 10 Rockefeller Plaza
Katten leased 125,000 SF at 50 Rockefeller Plaza
Merrill Lynch Wealth Management leased 125,000 SF at 75 Rockefeller Plaza
Indeed leased 125,000 SF at 1120 Avenue of the Americas
Scripps Networks LLC leased 120,721 SF at 1180 Sixth Ave
Advance Publications leased 120,000 SF at 1166 Sixth Ave
Gensler leased 119,414 SF at 1700 Broadway
Baker Hostetler LLP leased 118,634 SF at 630 Fifth Ave
Convene leased 116,000 SF at 530 Fifth Avenue

Nearby Retail Tenants Leased

Wells Fargo leased 6,710 SF at 1407 Broadway
Spot Experience leased 6,500 SF at 600 West 42nd St
BenMoha Restaurant Group leased 6,400 SF at 1601 Broadway
Armonk Farm Inc. leased 6,400 SF at 2 West 45th St
Sur La Table leased 6,174 SF at 300 West 57th St
National Basketball Association leased 6,000 SF at 590 Fifth Ave
Duane Reade leased 6,000 SF at 1290 Sixth Ave
Chick-fil-A leased 5,450 SF at 1180 Avenue of the Americas
Carpenters Workshop Gallery leased 5,300 SF at 693 Fifth Avenue
Valerie leased 5,275 SF at 45 West 45th Street

$ / SF	SF	Monthly Rent
Please notify me when a new space is available

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 50 West 47th Street. This trend is projected to continue. Opportunities for subleases remain available at 50 West 47th Street and in the nearby Times Square neighborhood.

Find My Space!

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Property Summary

50 West 47th Street Property Overview

Building Address:	50 W 47th St, New York NY 10036
Building Name:	International Gem Tower
Building Alternate Address:	50 W 47th St
Zip Code:	10036
Neighborhood:	Times Square
Borough:	Manhattan
Stories:	36
Year Built:	2013
Building Class:	A
Block & lot:	01262-7502

The International Gem Tower, located at 50 W 47th St in Manhattan, NYC, is a significant addition to the city's Diamond District. Built in 2009, this 36-story building was designed by the renowned architectural firm Skidmore, Owings and Merrill. The tower was initially intended to create a downtown Manhattan diamond market that could rival those in Europe and Asia, focusing on office condominiums for jewelers and jewelry companies.

Extell Development, one of the city's busiest builders, spearheaded this project. After an initial surge in sales among the diamond trade, the building opened its sales to buyers outside the gem market. The International Gem Tower is known for its high-security features, including advanced security cameras with software to detect aberrant behavior and biosecurity measures like eye-recognition technology.

The building's design incorporates elements reminiscent of Eastern gemstone bazaars, with commercial units configured as 15- to 36-foot stalls. This architectural approach blends modern security with traditional market aesthetics, making it a unique and secure office environment.

Today, the International Gem Tower stands as a prominent landmark in Midtown Manhattan, offering a blend of modern architecture and historical significance within the Diamond District.

50 W 47th St, Manhattan, NY 10036 is known as the International Gem Tower, a 36-story building located in Midtown Central. It was built in 2009 and features 102 units.

50 W 47th St, Manhattan, NYC offers the following building amenities:

24/7 Secure Access
State-of-the-art Vault Facility
Secure Valet Parking
On-site Dining Options
Banking Facilities
Armored Shipping Services
Grand Retail Atrium
Stunning City Views
Restricted Floor Access for Privacy and Security
State-of-the-art Health and Fitness Center
LEED Certified for Sustainability
Biometric Access Control
G4S Guarding Services
State-of-the-art Closed-Circuit Monitoring

50 W 47th St, Manhattan, NYC, is home to several notable office tenants. The building, known as the International Gem Tower, is located in the heart of the Diamond District.

Major tenants include:

Gemological Institute Of America, Inc. - Occupies 59,524 SF.
Christopher Designs - Occupies 8,500 SF.
Sarine North America Inc - Occupies 7,441 SF.
Designs by Kamni - Occupies 5,581 SF.
Lali Jewelry, Inc. - Occupies 3,721 SF.

The building offers a range of amenities, including a state-of-the-art vault facility, secure valet parking, modern infrastructure for jewelry manufacturing, a health and fitness center, and LEED-certified sustainability features.

Internet Providers at 50 W 47th St, Manhattan, NYC

Several internet service providers are available in this area of Manhattan. The top providers include:

Verizon Fios: Known for its high speeds and reliability, offering plans starting at $49.99 with speeds up to 2 Gbps.
Astound Broadband Powered by RCN: Offers both cable and fiber services with low prices and unlimited data usage.
Spectrum: Provides cable internet with speeds up to 1 Gbps and competitive pricing.

Location: 50 W 47th St, Manhattan, NYC

This location is situated in the heart of Manhattan, offering convenient access to various transportation options.

Transportation Options:

Subway: The nearest subway stations include 47-50 Sts-Rockefeller Ctr (4 min walk), 7 Av (4 min walk), and 50 St (7 min walk). Subway lines available are B, D, F, M, N, R, W, E, and Q.
Bus: Bus stops nearby include W 49 St/7 Av, 7 Av/W 44 St, and 7 Av/W 50 St. Bus lines such as M20, M55, and QM10 are available.
Train: The PATH train is accessible nearby.

Cross Streets:

Located at the intersection of West 47th Street and 6th Avenue.

Nearby Office Tenants Leased

WeWork leased 135,500 SF at 609 Fifth Avenue
First Republic Bank leased 130,000 SF at 10 Rockefeller Plaza
Katten leased 125,000 SF at 50 Rockefeller Plaza
Merrill Lynch Wealth Management leased 125,000 SF at 75 Rockefeller Plaza
Indeed leased 125,000 SF at 1120 Avenue of the Americas
Scripps Networks LLC leased 120,721 SF at 1180 Sixth Ave
Advance Publications leased 120,000 SF at 1166 Sixth Ave
Gensler leased 119,414 SF at 1700 Broadway
Baker Hostetler LLP leased 118,634 SF at 630 Fifth Ave
Convene leased 116,000 SF at 530 Fifth Avenue

Nearby Retail Tenants Leased

Wells Fargo leased 6,710 SF at 1407 Broadway
Spot Experience leased 6,500 SF at 600 West 42nd St
BenMoha Restaurant Group leased 6,400 SF at 1601 Broadway
Armonk Farm Inc. leased 6,400 SF at 2 West 45th St
Sur La Table leased 6,174 SF at 300 West 57th St
National Basketball Association leased 6,000 SF at 590 Fifth Ave
Duane Reade leased 6,000 SF at 1290 Sixth Ave
Chick-fil-A leased 5,450 SF at 1180 Avenue of the Americas
Carpenters Workshop Gallery leased 5,300 SF at 693 Fifth Avenue
Valerie leased 5,275 SF at 45 West 45th Street

Nearby Tenants

Nearby Office Tenants Leased

WeWork leased 135,500 SF at 609 Fifth Avenue
First Republic Bank leased 130,000 SF at 10 Rockefeller Plaza
Katten leased 125,000 SF at 50 Rockefeller Plaza
Merrill Lynch Wealth Management leased 125,000 SF at 75 Rockefeller Plaza
Indeed leased 125,000 SF at 1120 Avenue of the Americas
Scripps Networks LLC leased 120,721 SF at 1180 Sixth Ave
Advance Publications leased 120,000 SF at 1166 Sixth Ave
Gensler leased 119,414 SF at 1700 Broadway
Baker Hostetler LLP leased 118,634 SF at 630 Fifth Ave
Convene leased 116,000 SF at 530 Fifth Avenue

Nearby Retail Tenants Leased

Wells Fargo leased 6,710 SF at 1407 Broadway
Spot Experience leased 6,500 SF at 600 West 42nd St
BenMoha Restaurant Group leased 6,400 SF at 1601 Broadway
Armonk Farm Inc. leased 6,400 SF at 2 West 45th St
Sur La Table leased 6,174 SF at 300 West 57th St
National Basketball Association leased 6,000 SF at 590 Fifth Ave
Duane Reade leased 6,000 SF at 1290 Sixth Ave
Chick-fil-A leased 5,450 SF at 1180 Avenue of the Americas
Carpenters Workshop Gallery leased 5,300 SF at 693 Fifth Avenue
Valerie leased 5,275 SF at 45 West 45th Street

Nothing else matters Software Testimonial

To whom it may concern: I am writing to recommend Stephen Sunderland and Optimal Spaces Inc. based on the excellent job they did assisting us in finding a lease at 215 Park Avenue South. They were fast and efficient in locating spaces that met our requirements and corporate image, aggressive in negotiating on our behalf, and effective in communicating our needs to the landlord and getting our offer accepted. I look forward to working with the team at Optimal Spaces Inc. again. Very truly yours, Donald H. Rutherford CFO

🤝 Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords. ⚖️ Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price. 🗂️ Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts. 🐷 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) FORLEASE 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 Fee Free Expert Representation Public Websites (Limited/Dated) BROKER DATABASES & NETWORKS (Off-Market, Subleases, Future Availabilities) FREE RENT TI ALLOWANCE (Build-out Cash) OPEX CAPS (Limit Increases) LEASE FLEXIBILITY (Renewal/Expansion Options) 5. Time Savings & Process Management 6. Mitigating Risk (the “Gotchas”) Searching, Scheduling, RFPs Outsourced RE Dept. (Curated Options, Timeline Management) Restoration Clauses Holdover Penalties LEASE PROTECTION Spots Pitfalls in LOI & Lease 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.