Paramount Plaza

The former Uris Building is Paramount Plaza, at 1631 Broadway, New York, NY 10019, in Midtown.

Paramount Plaza has about 2.4 million square feet of floor area in total, including 2.2 million square feet of office, 158,000 square feet of retail and 0 square feet of industrial and storage space, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

City records list 1972 as the year built, with a major alteration recorded in 1989. The building is 48 floors tall.

Paramount Plaza is at 1631 Broadway in Midtown, Manhattan. City records list 1631-1649 Broadway, 207-247 West 50th Street and 220-250 West 51st Street on the same tax lot (BBL 1010220043). A space listed on Leasemark at any of these addresses shows up on this page.

1631 Broadway is in ZIP code 10019, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. Paramount Plaza is at 1631 Broadway, New York, NY 10019, in Midtown.

The lot is in the C6-7 zoning district. PLUTO lists a built floor area ratio (FAR) of 26.97 and a maximum commercial FAR of 15 for this lot.

The closest subway station to Paramount Plaza is 50 St (the 1 train), about 250 feet away in a straight line, roughly 1 minute on foot. Also nearby: 50 St (the C and E trains), 1 min walk; 49 St (the N, R and W trains), 3 min walk. Walking times are straight-line estimates; the street route is longer.

The NYC Department of Finance's 2026/27 assessment roll lists 1633 BROADWAY OWNER II, LP as the owner of record of Paramount Plaza (BBL 1010220043). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at Paramount Plaza. 7 public companies report the address as their principal executive office: MONGODB, INC. (MDB); NEW MOUNTAIN FINANCE CORP (NMFC); VIRTU FINANCIAL, INC. (VIRT); WARNER MUSIC GROUP CORP. (WMG); NEW MOUNTAIN GUARDIAN IV BDC, L.L.C.; and 2 more. 2 investment managers and funds file 13F holdings reports from the address: New Mountain Capital, L.L.C.; and Virtu Financial LLC. 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.

Paramount Plaza reported an ENERGY STAR score of 75 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 75 earns a B. 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 82.6 kBtu per square foot, 29% below the national median of 116.2 for a similar property. Its greenhouse gas emissions were about 21,025 metric tons of CO2e (7.41 kg per square foot).

In the 12 months to October 2026, the Department of Buildings issued first permits for 57 jobs at Paramount Plaza. In the last two years, interior work was permitted on 48 floors (floors 1 to 48, the cellar and the sub-cellar). The newest build-out, on floor 15, was first permitted in October 2026 (construction, mechanical, structural; filed cost estimate $6.5 million). A sidewalk shed permit here is active until November 4, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1010220043. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

The Department of Finance's 2026/27 assessment roll lists a taxable value of $469.8 million for Paramount Plaza. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $51 million a year, roughly $20.90 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1010220043 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of Paramount Plaza at $1.09 billion ($136 million of it land) and its assessed value at $490.9 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 23% from 2022/23 ($889.3 million) to 2026/27.

No space at 1631 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.