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Eleven Times Square

Commercial skyscraper in Manhattan, New York

Eleven Times Square

Commercial skyscraper in Manhattan, New York

FieldValue
name11 Times Square
image11 Times Square New York NY 2014 09 02 01.jpg
image_size250px
statusComplete
captionSeen from the corner of W. 41st Street and Eighth Avenue
locationSoutheast corner of Eighth Avenue and W. 42nd Street,
New York, NY 10036
address640 8th Ave, New York, NY 10036
mapframe-wikidatayes
coordinates
start_date2006
completion_date2010
opening2011
building_typeCommercial
antenna_spire601 ft (architectural)
top_floor530 ft
floor_count40
elevator_count20
cost$950 million
floor_area973,187 sqft
architectDan Kaplan (FXFOWLE)
structural_engineerThornton Tomasetti
Cosentini Associates
main_contractorPlaza Construction
developerSJP Properties

New York, NY 10036 | mapframe-wikidata = yes Cosentini Associates

Eleven Times Square is an office and retail tower located at 640 Eighth Avenue, at the intersection with West 42nd Street, in the Times Square and West Midtown neighborhoods of Manhattan, New York City. The 40-story, 1,100,000 sqft tower rises 601 ft, making it the 131st tallest building in New York City. The structure is directly east of the Port Authority Bus Terminal and immediately north of The New York Times Building.

Completed in 2011, Eleven Times Square was developed by New York City-based SJP Properties in partnership with Prudential Real Estate Investors, and was designed by architect Dan Kaplan of FXFOWLE.

Architecture

11 Times Square has been certified by the Leadership in Energy and Environmental Design as an environmentally friendly building. It features a high-tech elevator dispatch system; a visitor check-in system; a loading dock; and a messenger/mail center and delivery area specifically designed to maximize ease of use by tenants. The building also provides LEED Platinum-level indoor air quality and office space with floor-to-ceiling windows and column-free corner offices, as well as multiple private terraces. 11 Times Square's lobby features a kinetic mobile installation designed by artist Tim Prentice.

The Port Authority Bus Terminal is directly across Eighth Avenue to the west. In addition, it has direct access to the New York City Subway, with an entrance to the Times Square–42nd Street and 42nd Street–Port Authority Bus Terminal stations () inside the lot line.

History

Entrance of the building

The project's developers began constructing the building in 2007 on spec without a single lease signed. Global law firm Proskauer Rose was the first to sign on at the project, taking roughly a third of the building's space in 2010. By the time the building opened in 2011, it was still only 40% leased.

In February 2015, Norges Bank Investment Management purchased a 45-percent stake in Eleven Times Square. SJP Properties and Prudential Real Estate Investors continue to own and control the building, and SJP Properties continues to manage, lease and operate the building.

Tenants

Tenants include Microsoft Corp., law firm Proskauer Rose, hedge fund Moore Capital Management, British Telecom, E*TRADE, Kepos Capital and eMarketer. Before opening, the National Basketball Association, law firm Morrison & Foerster, and Buffalo Wild Wings had considered leasing space in the building but ultimately declined.

The tower has 55,000 sqft of retail space. In 2017, the retail space was leased to Spanish company Parques Reunidos, which planned to open a Lionsgate Entertainment Palace before withdrawing in June 2019. Monopoly Lifesized rented the retail space in 2024.

References

References

  1. "Eleven Times Square". [[SkyscraperPage]].
  2. "Eleven Times Square".
  3. (February 8, 2012). "It's Hardly a Ball for 11 Times Square". Wall Street Journal.
  4. Jacob Slevin. (May 25, 2011). "Times Square's Newest Skyscraper: An Interview with Dan Kaplan of FXFOWLE". [[Huffington Post]].
  5. Tom Acitelli. (October 22, 2008). "11 Times Square's Concrete Core All Set". Observer.
  6. (January 8, 2013). "NY: Microsoft Signs Lease at 1.1-M-Sq.-Ft. Times Square Office Tower".
  7. Pete Davies. (March 12, 2010). "11 Times Square Flaunts Phantom Tenants". New York [[Curbed]].
  8. {{Cite NYC neighborhood map. Times Square
  9. (5 February 2015). "11 Times Square NYC - Norges Bank NYC - SJP Properties". The Real Deal New York.
  10. (15 July 2014). "11 Times Square - SJP Properties". The Real Deal New York.
  11. David M Levitt. (7 January 2013). "Microsoft Leases Manhattan Offices in 11 Times Square". Bloomberg.com.
  12. Bagli, Charles V.. (2010-05-07). "Lease Deal Near for Empty Times Square Tower". The New York Times.
  13. (November 6, 2013). "Hedge fund closing in on penthouse at 11 Times Square". [[The Real Deal (magazine).
  14. (15 July 2014). "SJP Properties - 11 Times Square - Answers.com". The Real Deal New York.
  15. Steven Pozycki. (January 11, 2017). "ETrade takes 31K sf at SJP's 11 Times Square". The Real Deal.
  16. Barbara Murray. (January 25, 2011). "11 Times Square's 400,000-SF Anchor Tenant Moves In". cpexecutive.com.
  17. Baird-Remba, Rebecca. (September 25, 2017). "'Twilight'-Themed Attraction Headed for Times Square".
  18. (October 3, 2017). "Blockbuster deal to bring Lionsgate Entertainment City to 11 Times Square retail".
  19. Squires, Bethy. (July 6, 2019). "Looks Like That Mad Men Bar in Times Square Isn't Happening".
  20. Hayes, Dade. (July 3, 2019). "Lionsgate Pauses Times Square Attraction Plans After Spanish Partner Withdraws".
  21. Durso, Isabelle. (October 7, 2024). "Monopoly Experience Takes 50K-SF Entertainment Space in Times Square".
  22. Weiss, Lois. (October 4, 2024). "Monopoly experience leases 50K sf at SJP's 11 Times Square".
Info: Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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