Office building · Midtown, Manhattan

Times Square Tower

1459 Broadway, New York, NY 10036

The Times Square Tower (1459 Broadway) is a 48-floor office building in Midtown, Manhattan, built in 2002, with about 1.1 million square feet of office space according to city records.

Also at 1451-1467 Broadway, 583-599 Seventh Avenue, 7 Times Square, 157-161 West 41st Street and 1 more.

Office space
1.1M SF
Floors
48
Year built
2002
Zoning
C6-7

Office space next to its nearest neighbors

  1. 5 Times Square1 min walk1.1M SF
  2. Times Square TowerThis building1.1M SF
  3. 1441 Broadway1 min walk451K SF
  4. 1460 Broadway1 min walk145K SF

The 26th largest of the 351 office buildings we track in Midtown. Compare it with 6 neighbors

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Compared with its neighbors

How the Times Square Tower compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, the Times Square Tower ranks 3rd of 7 by office floor area. Built in 2002, it is the newest of them. Its property tax is fully exempt on the city's assessment roll.

The Times Square Tower and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot
BuildingOffice spaceFloorsBuiltTax / SF
Times Square Tower, 1459 BroadwayThis building1.1M SF482002Exempt
1441 Broadway1 min walk451K SF331929$12.38
5 Times Square, 592 Seventh Avenue1 min walk1.1M SF382000$17.31
1460 Broadway1 min walk145K SF161952$25.75
200 West 41st Street1 min walk137K SF211926$15.38
561 Seventh Avenue1 min walk67K SF211925$14.02
4 Times Square, 1472 Broadway1 min walk1.6M SF511998Exempt
The 26th largest of the 351 office buildings we track in Midtown: see the full list

Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area). Large means at least 35,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

Building name
Times Square Tower
Other addresses
1451-1467 Broadway; 583-599 Seventh Avenue; 7 Times Square; 157-161 West 41st Street; 170-172 West 42nd Street
ZIP code
10036
Building type
Office building (city class O4)
Total floor area
1,079,378 SF
Commercial floor area
1,079,378 SF
Office
1,059,378 SF
Retail
20,000 SF
Height
48 floors
Average floor
About 22,500 SF (floor area divided by floors)
Year built
2002
Lot area
22,448 SF
Zoning district
C6-7
Built FAR
48.08
Max commercial FAR
15
Tax lot (BBL)
1009940001

Nearest subway

  • Times Sq-42 St1 min walk · Accessible station · connects to 42 St-Port Authority Bus Terminal
  • 42 St-Bryant Pk3 min walk · Not accessible · connects to 5 Av
  • 49 St7 min walk · Partly accessible

Nearby large buildings

All 168 large office buildings on Broadway

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; building name checked against Wikipedia, Times Square Tower; subway stations from the MTA Subway Stations dataset, pulled 2026-10-16. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.

NYC storefront registry (Local Law 157)

Storefronts and vacancy

Owners registered 3 storefronts at the Times Square Tower for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day.

Storefronts registered for December 31, 2025
3
Vacant that day
0
Share vacant across Midtown
14.3%
Share vacant along Broadway
12.0%
Share vacant citywide
9.2%

Vacant on December 31, by year

  • 20190 of 3
  • 20201 of 3
  • 20211 of 3
  • 20220 of 3
  • 20230 of 3
  • 20240 of 3
  • 20250 of 3

Bars show the share of the lot's registered storefronts that stood vacant.

Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2025, pulled 2026-10-16. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31; counts are by tax lot, as the owners filed them. The 2025 filing was due June 1, 2026, so a storefront vacant then may have been leased since. A vacant storefront is not always on the market, and none here is listed on Leasemark unless it shows above.

NYC Department of Finance records

Owner, property tax and assessed value

The Department of Finance lists DCAS (the city's Department of Citywide Administrative Services) as the owner of record. For tax year 2026/27 the city values the Times Square Tower at $499.6 million and assesses it at $224.8 million. Exemptions on the roll cover the whole taxable value, which is common for government, nonprofit and payment-in-lieu-of-taxes properties.

Owner of record
DCAS (the city's Department of Citywide Administrative Services)
Tax class
Class 4 (commercial and industrial)
City market value
$499,550,000
Land market value
$50,000,000
Assessed value
$224,797,500
Exemptions
$224,797,500
Estimated yearly tax
Fully exempt on the roll

City market value by tax year

  • 2022/23$528.2 million
  • 2023/24$537.4 million
  • 2024/25$541.4 million
  • 2025/26$494.9 million
  • 2026/27$499.6 million

Market value fell 5% from 2022/23 ($528.2 million) to 2026/27.

How Midtown compares: property tax per SF across NYC neighborhoodsHow NYC commercial property tax works, and why some towers show $0

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How to find who owns any NYC building

Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll; owner names as the roll records them, which cuts some long names short), pulled 2026-10-16. Exempt properties can still owe charges or payments in lieu of taxes that the roll does not show.

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SEC filings (EDGAR)

Companies with offices here

2 public companies and one investment manager give 1459 Broadway as their office address in SEC filings.

Public companies

Principal executive office on their latest 10-K or 10-Q

  • DIANTHUS THERAPEUTICS, INC. (DNTH)10-Q, Aug 2026
  • SELLAS LIFE SCIENCES GROUP, INC. (SLS)10-Q, Aug 2026

Investment manager

Office address on their latest 13F holdings report

  • Luxor Capital Group, LP13F, Aug 2026

Source: U.S. Securities and Exchange Commission, EDGAR, Financial Statement Data Sets (2025 Q4 to 2026 Q3) and Form 13F Data Sets (through August 2026), pulled 2026-10-24; names as filed. The address is the one each company reports to the SEC. This is not a tenant roster: private companies and most smaller firms do not file with the SEC, a company can report a building it owns, and an address can trail a move by a quarter. Care-of addresses, blank check companies and asset-backed issuers are left out.

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NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

The Times Square Tower reported an ENERGY STAR score of 67 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a C (55 to 69). Its site energy use came to 59 kBtu per square foot, 21% below the national median of 74.9 for a similar property. Its greenhouse gas emissions were about 6,643 metric tons of CO2e (6.09 kg per square foot).

ENERGY STAR score (2024)
67 of 100
Grade this score earns (Local Law 33)
C (55 to 69)
Property type (Portfolio Manager)
Office
Site energy use intensity
59 kBtu/SF
National median for the type
74.9 kBtu/SF
Greenhouse gas emissions
6,643 t CO2e
Emissions per SF
6.09 kg CO2e
Floor area in the filing
1,090,984 SF
ENERGY STAR certified
2008, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2023

ENERGY STAR score by year

  • 202283 (B)
  • 202382 (B)
  • 202467 (C)

Energy sources in 2024

  • Electricity77%
  • District steam20%
  • Natural gas4%

Share of the energy used on site, as filed.

Source: NYC Department of Buildings and Mayor's Office of Climate and Environmental Justice, NYC Building Energy and Water Data Disclosure for Local Law 84 (2024 filing), pulled 2026-10-16; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager. The grade is the one the filed score earns under the law's cutoffs; the Department of Buildings assigns the grade a building posts, which can differ.

NYC Department of Buildings permits

Work permits and build-outs

In the 12 months to October 2026, the Department of Buildings issued first permits for 13 jobs at the Times Square Tower. In the last two years, interior work was permitted on 28 floors (floors 1 to 9, 14 to 16, 20, 25 to 27, 29 to 31, 33 to 35 and 37 to 42 and the cellar). The newest build-out, on floor 30, was first permitted in May 2026 (construction; filed cost estimate $500,000).

New jobs, last 12 months
13
Initial permits, last 12 months
26
Newest job first permitted
May 2026
Interior build-outs, last 24 months
17
Floors with interior work, last 24 months
1 to 9, 14 to 16, 20, 25 to 27, 29 to 31, 33 to 35 and 37 to 42, cellar
Facade and sidewalk jobs, last 24 months
3

Recent build-outs

  • Floor 30May 2026Construction; est. $500,000
  • Floors 29 to 31March 2026Construction, Mechanical, Plumbing, Sprinklers, Standpipe, Structural; 2 jobs; est. $4.5 million
  • Floors 33 and 34January 2026Standpipe; est. $25,000
  • Floors 2, 3, 6 to 9, 14, 33 and 34December 2025Construction; est. $6.2 million
  • Floors 2, 4, 6 to 9, 14, 33 and 34, cellarDecember 2025Mechanical, Plumbing, Sprinklers; 2 jobs; est. $3.9 million
  • Floors 9, 15 and 33 to 35December 2025Structural; est. $230,000; signed off

The newest 6 of 17 in the last 24 months.

New jobs by year

  • 202114
  • 202240
  • 202317
  • 202431
  • 202514
  • 2026 to date10

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-24 (permits issued through 2026-10-22). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

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Questions about Times Square Tower

How big is the Times Square Tower?

The Times Square Tower has about 1.1 million square feet of floor area in total, including 1.1 million square feet of office and 20,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

When was the Times Square Tower built?

City records list 2002 as the year built. The building is 48 floors tall.

What is the address of the Times Square Tower?

The Times Square Tower is at 1459 Broadway in Midtown, Manhattan. City records list 1451-1467 Broadway, 583-599 Seventh Avenue, 7 Times Square, 157-161 West 41st Street and 170-172 West 42nd Street on the same tax lot (BBL 1009940001). A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 1459 Broadway?

1459 Broadway is in ZIP code 10036, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The Times Square Tower is at 1459 Broadway, New York, NY 10036, in Midtown.

What is the zoning at the Times Square Tower?

The lot is in the C6-7 zoning district. PLUTO lists a built floor area ratio (FAR) of 48.08 and a maximum commercial FAR of 15 for this lot.

What subway station is closest to the Times Square Tower?

The closest subway station to the Times Square Tower is Times Sq-42 St (the 1, 2, 3, 7, N, Q, R, W, S, A, C and E trains, connected to 42 St-Port Authority Bus Terminal), about 200 feet away in a straight line, roughly 1 minute on foot. The MTA lists it as an accessible station. Also nearby: 42 St-Bryant Pk (the B, D, F, M and 7 trains, connected to 5 Av), 3 min walk; 49 St (the N, R and W trains), 7 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns the Times Square Tower?

The NYC Department of Finance's 2026/27 assessment roll lists DCAS (the city's Department of Citywide Administrative Services) as the owner of record of the Times Square Tower (BBL 1009940001). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

Who are the tenants at the Times Square Tower?

Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at the Times Square Tower. 2 public companies report the address as their principal executive office: DIANTHUS THERAPEUTICS, INC. (DNTH); and SELLAS LIFE SCIENCES GROUP, INC. (SLS). One investment manager files 13F holdings reports from the address: Luxor Capital Group, LP. Private companies do not file with the SEC, so the full list of tenants is longer, and a company can also report a building it owns.

What is the energy grade of the Times Square Tower?

The Times Square Tower reported an ENERGY STAR score of 67 for calendar year 2024 in its Local Law 84 benchmarking filing. Under Local Law 33, as amended by Local Law 95 of 2019, a score of 85 or higher earns an A, 70 to 84 a B, 55 to 69 a C and under 55 a D, so 67 earns a C. The Department of Buildings assigns the grade a building posts, so the posted label can differ if a filing was corrected. Its site energy use came to 59 kBtu per square foot, 21% below the national median of 74.9 for a similar property. Its greenhouse gas emissions were about 6,643 metric tons of CO2e (6.09 kg per square foot).

Is there construction at the Times Square Tower?

In the 12 months to October 2026, the Department of Buildings issued first permits for 13 jobs at the Times Square Tower. In the last two years, interior work was permitted on 28 floors (floors 1 to 9, 14 to 16, 20, 25 to 27, 29 to 31, 33 to 35 and 37 to 42 and the cellar). The newest build-out, on floor 30, was first permitted in May 2026 (construction; filed cost estimate $500,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1009940001. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

What are the property taxes at the Times Square Tower?

The Department of Finance's 2026/27 assessment roll lists exemptions covering the whole taxable value of the Times Square Tower, so there is no property tax on the roll to estimate. That is common for government, nonprofit and payment-in-lieu-of-taxes (PILOT) properties. The city's property tax records for BBL 1009940001 show what is actually billed.

What is the assessed value of the Times Square Tower?

For tax year 2026/27, the NYC Department of Finance puts the market value of the Times Square Tower at $499.6 million ($50 million of it land) and its assessed value at $224.8 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 5% from 2022/23 ($528.2 million) to 2026/27.

Are there vacant storefronts at the Times Square Tower?

Owners registered 3 storefronts at the Times Square Tower for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.

Is there office space for lease at the Times Square Tower?

No space at 1459 Broadway is listed on Leasemark right now. Nearby on Leasemark: office space for lease at 783 Madison 4th Floor in the Upper East Side (994 SF, $66.40/SF/yr). Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.

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