Rent/Lease Office 88 University Pl

History of 88 University Place, Manhattan, NYC

88 University Place, located in Greenwich Village, Manhattan, was completed in 1906. This office building stands 11 stories tall and encompasses approximately 70,642 square feet of commercial space.

Originally built in the early 20th century, the building has undergone several changes over the decades. It was notably renovated around 2015 when it was acquired by fashion designer Elie Tahari and former WeWork CEO Adam Neumann for $70 million. Prior to that, the building was owned by Himmel Meringoff Properties.

Throughout much of the 20th century, the building housed various businesses, including a prominent fine arts auction house operated by Arthur Kaliski and Richard Gabay, active as early as 1914. Their auction business was a lively part of the building's history, attracting significant local attention until around 1950.

In recent years, the building was fully leased to IBM, although the company vacated its space during the pandemic, causing occupancy to decline. The building’s management has changed hands due to financial restructuring, with CIM Group acquiring the property in 2024 following a foreclosure sale.

The property enjoys a prime location in Greenwich Village, close to major public transportation hubs such as the 14th Street-Union Square subway station, and is near vibrant shopping and dining destinations.

Amenities at 88 University Place, Manhattan, NYC

• Sprinkler system
• 24/7 access and security
• Floor sizes averaging 8,700 square feet
• Fully renovated 11-story building with high-end office space
• Move-in ready full floor pre-built spaces (approximately 8,500 RSF)
• Efficient “L” shaped floor plates
• Brand-new hardwood floors and exposed loft ceilings
• Extra height ceilings on floors 3 and 4 (13 feet plus)
• Two renovated lobbies on University Place and East 12th Street
• Oversized windows on all exposures for natural light
• Activated retail space including a Michelin Star rated Thai restaurant
• Proximity to multiple subway lines at 14 Street-Union Square station
• Access to nearby shopping, dining, and cultural destinations
• Green building features including Energy Star labeling
• Fitness center on site
• Excellent public transportation access including bus lines and metro
• Skylights enhancing natural illumination inside the building

Office Tenants at 88 University Place, Manhattan, NYC

The office building at 88 University Place in Greenwich Village, Manhattan, is currently fully leased to IBM. IBM has been the primary tenant for years but is planning to relocate to a new, larger space. This Class B office building, constructed in 1906 and renovated in the 2000s, offers approximately 86,927 square feet of office space across 10 floors.

The building is managed by WeWork and features amenities including a sprinkler system, 24/7 access and security, and floor sizes averaging about 8,700 square feet each. Its location provides convenient access to public transportation, notably the nearby 14 Street-Union Square subway station, serving multiple subway lines.

Other known tenants reported include Valon, A.Team, Pranakhon, Arch Companies, and CPG Real Estate, reflecting a diverse mix of companies leasing space within the building.

Internet Providers at 88 University Pl, Manhattan, NYC

Residents at 88 University Pl in Manhattan have access to several major internet providers offering a variety of connection types including fiber, cable, and DSL, with speeds ranging from moderate to ultra-high depending on the provider and plan.

Verizon Fios

• Connection Type: Fiber
• Speeds: Starting at 300 Mbps, up to 2.3 Gbps
• Plan Highlights: Reliable high-speed internet with options for bundles including TV, phone, and mobile services
• Coverage: Available to approximately 85% of Manhattan, likely accessible at this address

Astound Broadband Powered by RCN

• Connection Types: Cable and Fiber
• Speeds: Up to 1.5 Gbps
• Plan Highlights: Competitive pricing, unlimited data usage, and broad coverage across Manhattan except limited availability in northern neighborhoods

Spectrum

• Connection Types: Cable and Fiber
• Speeds: Up to 1 Gbps
• Plan Highlights: Widely available throughout Manhattan with popular bundles including TV and phone, starting around $30/month

AT&T U-verse

• Connection Types: DSL and Fiber
• Speeds: Up to 1 Gbps
• Plan Highlights: Includes Wi-Fi equipment, offers bundles with TV and phone, DSL availability may vary

88 University Place, Manhattan, NYC - Transportation and Cross Streets

Located in the heart of Greenwich Village, 88 University Place sits at the intersection near 5th Avenue and University Place.

Nearby major cross streets include:

• 5th Avenue & University Place
• East 14th Street & University Place
• East 13th Street & Broadway
• West 14th Street & 5th Avenue

Subway Stations Nearby

• 14th Street - Union Square (serving lines 4, 5, 6, L, N, Q, R, W) - about a 5 to 9 minute walk
• Astor Place (lines 6) - approximately 7 to 8 minutes on foot
• 8th Street - NYU (lines R, W) - around 8 minutes walk

Bus Services Nearby

• M1, M2, M3, M55, M14A-SBS, M14D-SBS, BM3, X27, SIM lines (such as SIM7, SIM9)
• Closest bus stops include E 14 St/University Pl, 5 Av/W 12 St, Broadway & E 14th St, Broadway & E 13th St, all within 2 to 4 minutes walking distance

Train and PATH Access

• PATH trains at 14th Street (approximately 8-minute walk) connecting to New Jersey and other parts of NYC

88 University Place benefits from being a Rider’s Paradise with excellent access to diverse public transit options including subway, bus, and PATH trains, making commuting and travel in and around Manhattan highly convenient.