Commercial condominium · Times Square, Manhattan
New York Times Building
229 West 43rd Street, New York, NY 10036
The New York Times Building (229 West 43rd Street) is a 16-floor commercial condominium in Times Square, Manhattan, built in 1932, with about 346,000 square feet of office space according to city records.
Also at 217-247 West 43rd Street and 216-232 West 44th Street.
- Office space
- 346K SF
- Floors
- 16
- Year built
- 1932
- Zoning
- C6-5
The 9th largest of the 19 office buildings we track in Times Square. Compare it with 6 neighbors
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Compared with its neighbors
How the New York Times Building compares
Next to the 6 nearest large office buildings, all within a 2 minute walk, the New York Times Building ranks 5th of 7 by office floor area. It went up in 1932; the median neighbor dates from 1948. Its estimated property tax, about $22.50 a square foot of floor area before abatements, is above the neighbors' median of $19.37.
| Building | Office space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| New York Times Building, 229 West 43rd Street | 346K SF | 16 | 1932 | $22.50 |
| 234 West 44th Street | 45K SF | 11 | 1927 | $10.17 |
| Paramount Building, 1493 Broadway | 599K SF | 32 | 1927 | $13.25 |
| One Astor Plaza, 1515 Broadway | 1.4M SF | 54 | 1970 | $21.43 |
| 221 West 41st Street | 195K SF | 25 | 1921 | $23.30 |
| 1500 Broadway | 401K SF | 33 | 1972 | $31.91 |
| 5 Times Square, 592 Seventh Avenue | 1.1M SF | 38 | 2000 | $17.31 |
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
- New York Times Building
- Other addresses
- 217-247 West 43rd Street; 216-232 West 44th Street
- ZIP code
- 10036
- Building type
- Commercial condominium (city class RC)
- Total floor area
- 589,617 SF
- Commercial floor area
- 589,617 SF
- Office
- 345,701 SF
- Retail
- 243,916 SF
- Height
- 16 floors
- Year built
- 1932
- Last major alteration
- 2008
- Lot area
- 50,637 SF
- Zoning district
- C6-5
- Built FAR
- 11.64
- Max commercial FAR
- 10
- Landmark status
- Individual landmark
- Tax lot (BBL)
- 1010157501
Nearest subway
- 42 St-Port Authority Bus Terminal
- 49 St
- 42 St-Bryant Pk
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 storefront registry (Local Law 157)
Storefronts and vacancy
Owners registered 8 storefronts at the New York Times Building for December 31, 2025, the newest annual filing the city has published, and 5 of them stood vacant that day.
- Storefronts registered for December 31, 2025
- 8
- Vacant that day
- 5
- Share vacant here
- 62.5%
- Share vacant across Times Square
- 18.0%
- Share vacant along West 43rd Street
- 4.5%
- Share vacant citywide
- 9.2%
- Condominium tax lots that filed
- 1
Vacant on December 31, by year
Own or lease out a storefront at 229 West 43rd Street? Listing it is free, and it is matched against every active requirement for retail space in Times Square the day it goes up.
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, summed over the condominium's unit lot that filed, 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 New York Times Building is a condominium of 2 tax lots. COLUMBIA REIT-229 W. 43RD STREET, LLC, one of 2 owners of record on the roll, owns the units that make up 58% of its market value. For tax year 2026/27 the city values the New York Times Building at $290.1 million and assesses it at $130.6 million. After phase-ins and exemptions its taxable value is $122.3 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $13.3 million a year before abatements, roughly $22.50 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.
- Largest unit owner
- COLUMBIA REIT-229 W. 43RD STREET, LLC (58% of market value)
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $290,119,000
- Land market value
- $37,400,000
- Assessed value
- $130,553,550
- Taxable value (phased in)
- $122,300,310
- Estimated yearly tax
- About $13.3 million
- Tax per SF of floor area
- About $22.50
- Condominium tax lots
- 2
- Owners of record
- 2
City market value by tax year
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How to find who owns any NYC buildingSource: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll, summed over 2 condominium tax lots; owner names as the roll records them, which cuts some long names short), pulled 2026-10-16; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.
Own or manage 229 West 43rd Street? List a space here free and we match it against every active requirement. Renting it out yourself? Read the landlord's checklist.
NYC energy benchmarking (Local Law 84)
Energy use and emissions
The New York Times Building's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (too much of the floor area is classed as other uses), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 73.8 kBtu per square foot, 36% above the national median of 54.3 for a similar property. Its greenhouse gas emissions were about 4,746 metric tons of CO2e (6.95 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 73.8 kBtu/SF
- National median for the type
- 54.3 kBtu/SF
- Greenhouse gas emissions
- 4,746 t CO2e
- Emissions per SF
- 6.95 kg CO2e
- Floor area in the filing
- 682,843 SF
- ENERGY STAR certified
- 2017, 2018
Energy sources in 2024
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.
Local Law 97 of 2019, estimated
Local Law 97 emissions limit
At its 2024 energy use, the New York Times Building comes to about 3,508 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 5,926 tons for 2024 to 2029 (59% of the limit), so it would owe no penalty. From 2030 the limit drops to 2,170 tons and the same energy use counts as about 2,209 tons, about 38 tons over, or an estimated $10,000 a year unless the building cuts its emissions.
- Period
- 2024 to 2029
- Emissions limit
- 5,926 t CO2e
- Estimated emissions
- 3,508 t CO2e
- Under the limit by
- 2,418 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 2,170 t CO2e
- Estimated emissions
- 2,209 t CO2e
- Over the limit by
- 38 t CO2e
- Estimated penalty a year
- $10,000
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Other - Entertainment/Public Assembly 77,536 SF; Restaurant 22,695 SF; Office 430,950 SF; Retail Store 39,049 SF; Museum 112,613 SF. It applies the coefficients and per-use limits in Department of Buildings rule 1 RCNY 103-14 and Administrative Code 28-320.3.1.1 (as the Department lists them) and the $268 per ton penalty, checked 2026-10-04. It is not the building's Local Law 97 report: that report can count renewable energy credits, solar and storage deductions and, for 2024 and 2025, the law's occupancy group limits where higher, and penalties can be reduced for good faith efforts.
Change these numbers in the Local Law 97 calculator to see what a cut in energy use would do to the penalty.
How Local Law 97 works: who is covered, the 2030 limits and what owners, tenants and buyers should check.
Own or manage 229 West 43rd Street? List a space here free and we match it against every active requirement.
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 12 jobs at the New York Times Building. In the last two years, interior work was permitted on 11 floors (floors 5 to 12, 14, 16 and 18 and the sub-cellar). The newest build-out, on floor 7, was first permitted in October 2026 (construction, sprinklers; filed cost estimate $3 million). A sidewalk shed permit here is active until December 19, 2026.
- New jobs, last 12 months
- 12
- Initial permits, last 12 months
- 18
- Newest job first permitted
- October 2026
- Interior build-outs, last 24 months
- 12
- Floors with interior work, last 24 months
- 5 to 12, 14, 16 and 18, sub-cellar
- Facade and sidewalk jobs, last 24 months
- 3
- Sidewalk shed permit
- Active until Dec 19, 2026
Recent build-outs
New jobs by year
Build-outs across Times SquareWhere NYC offices are being built out
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 New York Times Building was designed by Buchman & Fox (architect), George A. Fuller Co. (builder) and built in 1912-1932 in the neo-Gothic style. The Landmarks Preservation Commission designated it a New York City landmark on April 24, 2001.
- Architect
- Buchman & Fox (architect), George A. Fuller Co. (builder)
- Constructed
- 1912-1932
- Style
- neo-Gothic
- Primary material
- Indiana limestone
- Built as
- Office building
- City landmark
- New York Times Building: individual landmark, designated April 24, 2001 (LP-02091)
Source: NYC Landmarks Preservation Commission, Individual Landmark Sites and 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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Before you sign
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Questions about New York Times Building
How big is the New York Times Building?
The New York Times Building has about 590,000 square feet of floor area in total, including 346,000 square feet of office and 244,000 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 New York Times Building built?
The Landmarks Preservation Commission's building records date the New York Times Building to 1912-1932, designed by Buchman & Fox (architect), George A. Fuller Co. (builder). The building is 16 floors tall.
Who designed the New York Times Building?
Buchman & Fox (architect), George A. Fuller Co. (builder), according to the Landmarks Preservation Commission's building records, which list the style as neo-Gothic and its original use as an office building.
Is the New York Times Building a New York City landmark?
Yes. The Landmarks Preservation Commission designated the New York Times Building an individual landmark on April 24, 2001 (LP-02091). Changes to a designated landmark, including many storefront, window and signage changes, need a permit from the Commission.
What is the address of the New York Times Building?
The New York Times Building is at 229 West 43rd Street in Times Square, Manhattan. City records list 217-247 West 43rd Street and 216-232 West 44th Street on the same tax lot (BBL 1010157501). A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 229 West 43rd Street?
229 West 43rd Street 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 New York Times Building is at 229 West 43rd Street, New York, NY 10036, in Times Square.
What is the zoning at the New York Times Building?
The lot is in the C6-5 zoning district. PLUTO lists a built floor area ratio (FAR) of 11.64 and a maximum commercial FAR of 10 for this lot.
What subway station is closest to the New York Times Building?
The closest subway station to the New York Times Building is 42 St-Port Authority Bus Terminal (the A, C, E, 1, 2, 3, 7, N, Q, R, W and S trains, connected to Times Sq-42 St), about 600 feet away in a straight line, roughly 2 minutes on foot. The MTA lists it as an accessible station. Also nearby: 49 St (the N, R and W trains), 5 min walk; 42 St-Bryant Pk (the B, D, F, M and 7 trains, connected to 5 Av), 6 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns the New York Times Building?
The New York Times Building is a condominium of 2 tax lots. COLUMBIA REIT-229 W. 43RD STREET, LLC, one of 2 owners of record on the roll, owns the units that make up 58% of its market value. That is from the NYC Department of Finance's 2026/27 assessment roll (BBL 1010157501). Deeds and mortgages for each unit are public in ACRIS, the city's property records system.
Does the New York Times Building have an energy grade?
The New York Times Building's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (too much of the floor area is classed as other uses), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 73.8 kBtu per square foot, 36% above the national median of 54.3 for a similar property. Its greenhouse gas emissions were about 4,746 metric tons of CO2e (6.95 kg per square foot).
Does the New York Times Building meet Local Law 97?
At its 2024 energy use, the New York Times Building comes to about 3,508 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 5,926 tons for 2024 to 2029 (59% of the limit), so it would owe no penalty. From 2030 the limit drops to 2,170 tons and the same energy use counts as about 2,209 tons, about 38 tons over, or an estimated $10,000 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.
Is there construction at the New York Times Building?
In the 12 months to October 2026, the Department of Buildings issued first permits for 12 jobs at the New York Times Building. In the last two years, interior work was permitted on 11 floors (floors 5 to 12, 14, 16 and 18 and the sub-cellar). The newest build-out, on floor 7, was first permitted in October 2026 (construction, sprinklers; filed cost estimate $3 million). A sidewalk shed permit here is active until December 19, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1010157501. 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 New York Times Building?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $122.3 million for the New York Times Building (the sum of its 2 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 $13.3 million a year, roughly $22.50 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1010157501 show the actual bill.
What is the assessed value of the New York Times Building?
For tax year 2026/27, the NYC Department of Finance puts the market value of the New York Times Building at $290.1 million ($37.4 million of it land) and its assessed value at $130.6 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 15% from 2022/23 ($251.9 million) to 2026/27.
Are there vacant storefronts at the New York Times Building?
Owners registered 8 storefronts at the New York Times Building for December 31, 2025, the newest annual filing the city has published, and 5 of them stood vacant that day. 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.
Is there office space for lease at the New York Times Building?
No space at 229 West 43rd 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.
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Times Square
Transit hubs in Times Square
- 1 2 3 7 N Q R W S at Times Sq-42 St
- A C E at 42 St-Port Authority