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

Office space next to its nearest neighbors

  1. One Astor Plaza1 min walk1.4M SF
  2. Paramount Building1 min walk599K SF
  3. New York Times BuildingThis building346K SF
  4. 234 West 44th Street1 min walk45K SF

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.

The New York Times Building and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot
BuildingOffice spaceFloorsBuiltTax / SF
New York Times Building, 229 West 43rd StreetThis building346K SF161932$22.50
234 West 44th Street1 min walk45K SF111927$10.17
Paramount Building, 1493 Broadway1 min walk599K SF321927$13.25
One Astor Plaza, 1515 Broadway1 min walk1.4M SF541970$21.43
221 West 41st Street2 min walk195K SF251921$23.30
1500 Broadway2 min walk401K SF331972$31.91
5 Times Square, 592 Seventh Avenue2 min walk1.1M SF382000$17.31
The 9th largest of the 19 office buildings we track in Times Square: 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
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 Terminal2 min walk · Accessible station · connects to Times Sq-42 St
  • 49 St5 min walk · Partly accessible
  • 42 St-Bryant Pk6 min walk · Not accessible · connects to 5 Av

Nearby large buildings

All 17 large office buildings on West 43rd 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 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

  • 20191 of 8
  • 20200 of 5
  • 20211 of 5
  • 20223 of 7
  • 20234 of 8
  • 2024None registered
  • 20255 of 8

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

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

  • 2022/23$251.9 million
  • 2023/24$271.2 million
  • 2024/25$277.6 million
  • 2025/26$283.9 million
  • 2026/27$290.1 million

Market value rose 15% from 2022/23 ($251.9 million) to 2026/27.

How Times Square compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of itHow NYC commercial property tax works

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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, 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.

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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

  • Electricity60%
  • District steam30%
  • Natural gas10%

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.

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

  • Floor 7October 2026Construction, Sprinklers; est. $3 million
  • Floors 5 and 6August 2026Construction, Sprinklers; est. $261,000
  • Floors 7, 11, 12 and 14July 2026Construction, Mechanical, Plumbing, Sprinklers; est. $875,000
  • Sub-cellarJune 2026Mechanical, Sprinklers; est. $150,000; signed off
  • Floors 5 and 6February 2026Sprinklers; est. $25,000; signed off
  • Floor 11January 2026Construction, Mechanical, Plumbing, Sprinklers; 4 jobs; est. $208,000

The newest 6 of 12 in the last 24 months.

New jobs by year

  • 202113
  • 202218
  • 20232
  • 20243
  • 202512
  • 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.

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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