Daily News Building

The News Building, also known as the Daily News Building, is at 220 East 42nd Street, New York, NY 10017, in Murray Hill.

The Daily News Building has about 908,000 square feet of floor area in total, including 820,000 square feet of office and 88,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

The Landmarks Preservation Commission's building records date the Daily News Building to 1929-1930, designed by Raymond Hood. City tax records list 1928 as the year built. The building is 37 floors tall.

Raymond Hood, according to the Landmarks Preservation Commission's building records, which list the style as Art Deco and its original use as an office building.

Yes. The Landmarks Preservation Commission designated the Daily News Building an individual landmark on July 28, 1981 (LP-01049). Changes to a designated landmark, including many storefront, window and signage changes, need a permit from the Commission.

The Daily News Building is at 220 East 42nd Street in Murray Hill, Manhattan. City records list 223-247 East 41st Street, 216-238 East 42nd Street and 767-781 Second Avenue on the same tax lot (BBL 1013157501). A space listed on Leasemark at any of these addresses shows up on this page.

220 East 42nd Street is in ZIP code 10017, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The Daily News Building is at 220 East 42nd Street, New York, NY 10017, in Murray Hill.

The lot is in the C5-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 12.95 and a maximum commercial FAR of 10 for this lot.

The closest subway station to the Daily News Building is Grand Central-42 St (the 4, 5, 6, 7 and S trains), about 1000 feet away in a straight line, roughly 4 minutes on foot. The MTA lists it as an accessible station. Also nearby: 51 St (the 6, E and F trains, connected to Lexington Av/53 St), 10 min walk; 33 St (the 6 train), 11 min walk. Walking times are straight-line estimates; the street route is longer.

The Daily News Building is a condominium of 42 tax lots. SLG 220 NEWS LESSEE LLC, one of 7 owners of record on the roll, owns the units that make up 61% of its market value. That is from the NYC Department of Finance's 2026/27 assessment roll (BBL 1013157501). Deeds and mortgages for each unit are public in ACRIS, the city's property records system.

The Daily News Building reported an ENERGY STAR score of 65 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 65 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 65.9 kBtu per square foot, 19% below the national median of 81.7 for a similar property. Its greenhouse gas emissions were about 7,341 metric tons of CO2e (6.47 kg per square foot).

At its 2024 energy use, the Daily News Building comes to about 5,305 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 8,615 tons for 2024 to 2029 (62% of the limit), so it would owe no penalty. From 2030 the limit drops to 3,067 tons and the same energy use counts as about 3,200 tons, about 134 tons over, or an estimated $36,000 a year unless the building cuts its emissions. This is an estimate from the owner's 2024 benchmarking filing using the coefficients and per-use limits in the law and the Department of Buildings rule, at $268 per ton over. It is not the building's Local Law 97 report, which can count credits and deductions this estimate cannot.

In the 12 months to October 2026, the Department of Buildings issued first permits for 15 jobs at the Daily News Building. In the last two years, interior work was permitted on 12 floors (floors 7, 10 to 12, 14, 15, 21, 23 and 29 to 32). The newest build-out, on floor 23, was first permitted in July 2026 (construction; filed cost estimate $30,000). A sidewalk shed permit here is active until November 30, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1013157501. 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 $92.5 million for the Daily News Building (the sum of its 42 condominium tax lots). At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $10 million a year, roughly $11.05 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1013157501 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of the Daily News Building at $346.2 million ($67.8 million of it land) and its assessed value at $155.8 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 10% from 2022/23 ($316 million) to 2026/27.

Owners registered 4 storefronts at the Daily News Building for December 31, 2025, the newest annual filing the city has published, and 2 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2023. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront vacant on December 31, 2025 may have been leased since. Owners and brokers can list a storefront on Leasemark for free.

No space at 220 East 42nd 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.