Office building · Tribeca, Manhattan

Court Square Building

2 Lafayette Street, New York, NY 10007

The Court Square Building (2 Lafayette Street) is a 21-floor office building in Tribeca, Manhattan, built in 1925, with about 342,000 square feet of office space according to city records.

Also at 42-50 Duane Street, 1-5 Elk Street, 2-8 Lafayette Street and 2-10 Reade Street.

Office space
342K SF
Floors
21
Year built
1925
Zoning
C6-4

Office space next to its nearest neighbors

  1. Court Square BuildingThis building342K SF
  2. 23 Chambers Street1 min walk230K SF
  3. Jones Building1 min walk94K SF
  4. 14 Reade Street1 min walk72K SF

The 11th largest of the 36 office buildings we track in Tribeca. Compare it with 6 neighbors

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Compared with its neighbors

How the Court Square Building compares

Next to the 6 nearest large office buildings, all within a 2 minute walk, the Court Square Building ranks 4th of 7 by office floor area. It went up in 1925; the median neighbor dates from 1914. Its property tax is fully exempt on the city's assessment roll.

The Court Square Building and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot
BuildingOffice spaceFloorsBuiltTax / SF
Court Square Building, 2 Lafayette StreetThis building342K SF211925Exempt
Jones Building, 52 Duane Street1 min walk94K SF101899$12.29
23 Chambers Street1 min walk230K SF91911Exempt
14 Reade Street1 min walk72K SF71915Exempt
David N Dinkins Municipal Building, 1 Centre Street1 min walk1.1M SF391914Exempt
Foley Square Federal Building, 290 Broadway2 min walk1.0M SF321994Exempt
38 Lafayette Street2 min walk1.7M SF451968Exempt
The 11th largest of the 36 office buildings we track in Tribeca: 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
Court Square Building
Other addresses
42-50 Duane Street; 1-5 Elk Street; 2-8 Lafayette Street; 2-10 Reade Street
ZIP code
10007
Building type
Office building (city class O4)
Total floor area
354,169 SF
Commercial floor area
354,169 SF
Office
341,769 SF
Retail
12,400 SF
Height
21 floors
Average floor
About 16,900 SF (floor area divided by floors)
Year built
1925
Last major alteration
2017
Lot area
16,700 SF
Zoning district
C6-4
Built FAR
21.21
Max commercial FAR
10
Historic district
African Burial Ground & The Commons Historic District
Tax lot (BBL)
1001550001

Nearest subway

  • Chambers St1 min walk · Accessible station · connects to Brooklyn Bridge-City Hall
  • City Hall3 min walk · Not accessible
  • Chambers St5 min walk · Not accessible · connects to Cortlandt St, World Trade Center, Park Place

Nearby large buildings

All 16 large office buildings on Lafayette Street

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; building name from the NYC Landmarks Preservation Commission (below); 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 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 Court Square Building at $92.5 million and assesses it at $41.6 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
$92,482,000
Land market value
$7,200,000
Assessed value
$41,616,900
Exemptions
$41,616,900
Estimated yearly tax
Fully exempt on the roll

City market value by tax year

  • 2022/23$88.7 million
  • 2023/24$94.1 million
  • 2024/25$86.9 million
  • 2025/26$87.9 million
  • 2026/27$92.5 million

Market value rose 4% from 2022/23 ($88.7 million) to 2026/27.

How Tribeca 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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NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

The Court Square Building reported an ENERGY STAR score of 79 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a B (70 to 84). Its site energy use came to 64.7 kBtu per square foot, 36% below the national median of 101.4 for a similar property. Its greenhouse gas emissions were about 2,164 metric tons of CO2e (5.96 kg per square foot).

ENERGY STAR score (2024)
79 of 100
Grade this score earns (Local Law 33)
B (70 to 84)
Property type (Portfolio Manager)
Office
Site energy use intensity
64.7 kBtu/SF
National median for the type
101.4 kBtu/SF
Greenhouse gas emissions
2,164 t CO2e
Emissions per SF
5.96 kg CO2e
Floor area in the filing
363,309 SF

ENERGY STAR score by year

  • 202276 (B)
  • 202380 (B)
  • 202479 (B)

Energy sources in 2024

  • Electricity63%
  • Natural gas37%

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 1 job at the Court Square Building. In the last two years, interior work was permitted on the cellar. The newest build-out, on the cellar, was first permitted in December 2025 (boiler; filed cost estimate $240,000). A sidewalk shed permit here is active until January 6, 2027.

New jobs, last 12 months
1
Initial permits, last 12 months
1
Newest job first permitted
December 2025
Interior build-outs, last 24 months
1
Floors with interior work, last 24 months
Cellar
Facade and sidewalk jobs, last 24 months
1
Sidewalk shed permit
Active until Jan 6, 2027

Recent build-outs

  • CellarDecember 2025Boiler; est. $240,000

New jobs by year

  • 20210
  • 20220
  • 20231
  • 20240
  • 20252
  • 2026 to date0

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.

Landmarks Preservation Commission records

Architecture and history

The Court Square Building was designed by Buchman & Kahn and built in 1925. It stands in the African Burial Ground & The Commons Historic District, so exterior changes and new signage go through the Landmarks Preservation Commission.

Architect
Buchman & Kahn
Constructed
1925
Primary material
Stone
Built as
Office building

Source: NYC Landmarks Preservation Commission, Individual Landmark and Historic District Building Database on NYC Open Data, pulled 2026-10-16. A designation can cover part of a lot, such as a facade or a lobby interior.

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Questions about Court Square Building

How big is the Court Square Building?

The Court Square Building has about 354,000 square feet of floor area in total, including 342,000 square feet of office and 12,000 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 Court Square Building built?

The Landmarks Preservation Commission's building records date the Court Square Building to 1925, designed by Buchman & Kahn. The building is 21 floors tall.

Who designed the Court Square Building?

Buchman & Kahn, according to the Landmarks Preservation Commission's building records and its original use as an office building.

What is the address of the Court Square Building?

The Court Square Building is at 2 Lafayette Street in Tribeca, Manhattan. City records list 42-50 Duane Street, 1-5 Elk Street, 2-8 Lafayette Street and 2-10 Reade Street on the same tax lot (BBL 1001550001). A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 2 Lafayette Street?

2 Lafayette Street is in ZIP code 10007, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The Court Square Building is at 2 Lafayette Street, New York, NY 10007, in Tribeca.

What is the zoning at the Court Square Building?

The lot is in the C6-4 zoning district. PLUTO lists a built floor area ratio (FAR) of 21.21 and a maximum commercial FAR of 10 for this lot. It is inside the African Burial Ground & The Commons Historic District, so exterior changes go through the Landmarks Preservation Commission.

What subway station is closest to the Court Square Building?

The closest subway station to the Court Square Building is Chambers St (the J, Z, 4, 5 and 6 trains, connected to Brooklyn Bridge-City Hall), about 300 feet away in a straight line, roughly 1 minute on foot. The MTA lists it as an accessible station. Also nearby: City Hall (the R and W trains), 3 min walk; Chambers St (the A, C, 2, 3, E, R and W trains, connected to Cortlandt St and World Trade Center and Park Place), 5 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns the Court Square Building?

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 Court Square Building (BBL 1001550001). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

What is the energy grade of the Court Square Building?

The Court Square Building reported an ENERGY STAR score of 79 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 79 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 64.7 kBtu per square foot, 36% below the national median of 101.4 for a similar property. Its greenhouse gas emissions were about 2,164 metric tons of CO2e (5.96 kg per square foot).

Is there construction at the Court Square Building?

In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at the Court Square Building. In the last two years, interior work was permitted on the cellar. The newest build-out, on the cellar, was first permitted in December 2025 (boiler; filed cost estimate $240,000). A sidewalk shed permit here is active until January 6, 2027. These are the Department of Buildings' DOB NOW work permits for tax lot 1001550001. 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 Court Square Building?

The Department of Finance's 2026/27 assessment roll lists exemptions covering the whole taxable value of the Court Square Building, 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 1001550001 show what is actually billed.

What is the assessed value of the Court Square Building?

For tax year 2026/27, the NYC Department of Finance puts the market value of the Court Square Building at $92.5 million ($7.2 million of it land) and its assessed value at $41.6 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 4% from 2022/23 ($88.7 million) to 2026/27.

Is there office space for lease at the Court Square Building?

No space at 2 Lafayette Street is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.

2,723 buildings from city records

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