Rent Office Plaza District


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Rent Office Plaza District

Address SF Monthly Rent
Small Offices for Rent | New York
E 52nd Street & Fifth Avenue 1,000 $ 3,400
Medium Offices for Rent | Commercial Spaces
Third Ave & East 49th Street 2,500 $ 12,800
Fifth Ave & West 49th Street 2,500 $ 17,200
Large Offices for Rent
Avenue of the Americas & West 53rd Street 10,000 $ 76,600
Avenue of the Americas & West 53rd Street 10,000 $ 76,600
Third Ave & East 47th Street 10,000 $ 55,000
Address SF Monthly Rent
Address SF Monthly Rent
office Tenants Rented / Leased Plaza District

Plaza District Office Rent Average

Building Class Year $ / SF
A 2019 87.0
A 2020 264.0
A 2021 87.0
A 2022 129.0
A 2023 136.0
Building Class Year $ / SF
B 2019 68.0
B 2021 53.0
B 2022 65.0
B 2023 70.0
Year $ / SF Building Class

Plaza District

Introduction to Plaza District, NYC

The Plaza District, located in Midtown Manhattan, is a vibrant area of established prestige and luxury that is home to high-end business venues and world-renowned entertainment. The area is bounded by 59th Street to the north, 48th Street to the south, Third Avenue to the east, and Seventh Avenue to the west. The Plaza District contains some of the most famous business and tourist attractions in the world.

Geographic Boundaries

The Plaza District is strategically positioned with key landmarks such as Central Park, Times Square, the Metropolitan Museum of Art, MoMA, and Carnegie Hall at its doorstep. The boundaries of the Plaza District contain many high-profile dining and retail establishments that solidify its status as a gathering point for both residents of New York City and visitors.

Description of Businesses, Stores, and Restaurants

The Plaza District has a lot of high-end outlets including Class A office spaces that appeal to technology, finance and legal companies. Retailers like Bergdorf Goodman and Barneys offer unique shopping experiences with exclusive products. Fine dining experiences are located in the Plaza Hotel and restaurants like Le Cirque showcase gourmet cuisine. Additionally, there are significant media and entertainment clusters (for example, Apple and IBM).

History of Major Attractions

A few notable attractions in the Plaza District include established icons, like the Plaza Hotel, which represents luxury and elegance since its establishment in 1907. The Top of the Rock at 30 Rockefeller Plaza offers observation decks with sweeping views, giving millions of tourists reason to visit every year. The Plaza District also has two of the largest performance acoustically, and regionally recognized venues: Radio City Music Hall and Carnegie Hall. The history of the area has developed with the hall of the world through these prominent sites established a sense of prestige and relevance to the area.

Types of Buildings

The Plaza District features a number ofTall skyscrapers, most of which are Class A office buildings that offer premium facilities and a view overlooking Central Park. Given that, numerous top businesses as an eclectic mix of tenants from different sectors occupy these buildings.

Other Significant Buildings in the Area

Along with the legendary Plaza Hotel, there were other noteworthy buildings, like the General Motors Building, the Seagram Building, and 712 Fifth Avenue. These buildings were remarkable in architecture and also companies that represented the 10 or 15 most important and influential firms in the world. They were building crowding the skyline with landmarks that were becoming representative of the brand, and financial and corporate identity of New York City.

Transportation Options

The Plaza District has a first-rate transit system. With multiple lines passing through neighboring stations, including the B, D, F, and M trains at 59th Street – Columbus Circle and the N, Q, R, and W trains at 57th Street – Seventh Avenue, it is conveniently accessible by subway. Convenient access to the rest of Manhattan is also offered by the many bus routes that travel along Fifth Avenue and other main thoroughfares.

Adjacent Zip Codes

A number of zip codes, including 10017, 10019, 10020, 10022, and 10152, encircle the Plaza District. These zip codes encompass a variety of neighboring communities that provide upscale living and business prospects.

Prominent Companies in the Plaza District

There are several large companies with offices in the Plaza District. Big tech brands such as IBM and Apple, banks, and media organizations are attracted to the Plaza District for its prestige and linkages; the Plaza District has many lawyers and consulting companies because it is adjacent to financial corridors and is associated with luxury and professionalism. Therefore, it is not surprising to find companies, such as Microsoft and Accenture, near the Plaza District competing in a range of commercial and non-commercial acreage.

Types of Businesses in the Plaza District

The Plaza District is home to diverse industries including financial services, legal services, media and entertainment, technology, and luxury retail. The Plaza District's breadth of business sectors creates an active business environment that attracts global talent and investment. The area's prestigious atmosphere and central location, are attractive to companies wanting a prestigious appearance.
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