Office building · Times Square, Manhattan
McGraw-Hill Building
330 West 42nd Street, New York, NY 10036
The McGraw-Hill Building (330 West 42nd Street) is a 33-floor office building in Times Square, Manhattan, built in 1931, with about 523,000 square feet of office space according to city records.
Also at 327-337 West 41st Street and 326-336 West 42nd Street.
- Office space
- 523K SF
- Floors
- 33
- Year built
- 1931
- Zoning
- C6-7
The 6th 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 McGraw-Hill Building compares
Next to the 6 nearest large office buildings, all within a 2 minute walk, the McGraw-Hill Building is the largest by office floor area. It went up in 1931; the median neighbor dates from 1928. Its estimated property tax, about $14.02 a square foot of floor area before abatements, is above the neighbors' median of $11.22.
| Building | Office space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| McGraw-Hill Building, 330 West 42nd Street | 523K SF | 33 | 1931 | $14.02 |
| 303 West 42nd Street | 44K SF | 12 | 1928 | $22.54 |
| 314 West 40th Street | 68K SF | 5 | 1947 | $10.20 |
| 300 West 43rd Street | 45K SF | 6 | 1928 | $19.42 |
| 311 West 43rd Street | 150K SF | 14 | 1925 | $12.24 |
| 333 West 39th Street | 86K SF | 14 | 1929 | $8.54 |
| 315 West 39th Street | 120K SF | 16 | 1927 | $7.28 |
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
- McGraw-Hill Building
- Other addresses
- 327-337 West 41st Street; 326-336 West 42nd Street
- ZIP code
- 10036
- Building type
- Office building (city class O4)
- Total floor area
- 552,775 SF
- Commercial floor area
- 552,775 SF
- Office
- 522,775 SF
- Retail
- 30,000 SF
- Height
- 33 floors
- Average floor
- About 16,800 SF (floor area divided by floors)
- Year built
- 1931
- Last major alteration
- 2021
- Lot area
- 27,975 SF
- Zoning district
- C6-7
- Built FAR
- 19.76
- Max commercial FAR
- 15
- Landmark status
- Individual landmark
- Tax lot (BBL)
- 1010320048
Nearest subway
- 42 St-Port Authority Bus Terminal
- 34 St-Penn Station
- 49 St
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 DECO TOWERS ASSOCIATES LLC as the owner of record. For tax year 2026/27 the city values the McGraw-Hill Building at $158.7 million and assesses it at $71.4 million. After phase-ins and exemptions its taxable value is $71.4 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 $7.75 million a year before abatements, roughly $14.02 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.
- Owner of record
- DECO TOWERS ASSOCIATES LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $158,748,000
- Land market value
- $28,300,000
- Assessed value
- $71,436,600
- Estimated yearly tax
- About $7.75 million
- Tax per SF of floor area
- About $14.02
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; 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 score, grade and emissions
The McGraw-Hill Building reported an ENERGY STAR score of 100 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns an A (85 or higher). Its site energy use came to 12.9 kBtu per square foot, less than half the national median of 52.2 for a similar property. Its greenhouse gas emissions were about 851 metric tons of CO2e (1.48 kg per square foot).
- ENERGY STAR score (2024)
- 100 of 100
- Grade this score earns (Local Law 33)
- A (85 or higher)
- Property type (Portfolio Manager)
- Multifamily Housing
- Site energy use intensity
- 12.9 kBtu/SF
- National median for the type
- 52.2 kBtu/SF
- Greenhouse gas emissions
- 851 t CO2e
- Emissions per SF
- 1.48 kg CO2e
- Floor area in the filing
- 574,617 SF
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. 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 McGraw-Hill Building. A sidewalk shed permit here is active until December 8, 2026.
- New jobs, last 12 months
- 1
- Initial permits, last 12 months
- 1
- Newest job first permitted
- June 2026
- Interior build-outs, last 24 months
- 0
- Facade and sidewalk jobs, last 24 months
- 1
- Sidewalk shed permit
- Active until Dec 8, 2026
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 McGraw-Hill Building was designed by Raymond Hood, Godley & Fouilhoux and built in 1930-1931 in the Art Deco style. The Landmarks Preservation Commission designated it a New York City landmark on September 11, 1979.
- Architect
- Raymond Hood, Godley & Fouilhoux
- Constructed
- 1930-1931
- Style
- Art Deco
- Primary material
- Blue-green terra cotta
- Built as
- Office building
- City landmark
- McGraw-Hill Building: individual landmark, designated September 11, 1979 (LP-01050)
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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Questions about McGraw-Hill Building
How big is the McGraw-Hill Building?
The McGraw-Hill Building has about 553,000 square feet of floor area in total, including 523,000 square feet of office and 30,000 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 McGraw-Hill Building built?
The Landmarks Preservation Commission's building records date the McGraw-Hill Building to 1930-1931, designed by Raymond Hood, Godley & Fouilhoux. The building is 33 floors tall.
Who designed the McGraw-Hill Building?
Raymond Hood, Godley & Fouilhoux, according to the Landmarks Preservation Commission's building records, which list the style as Art Deco and its original use as an office building.
Is the McGraw-Hill Building a New York City landmark?
Yes. The Landmarks Preservation Commission designated the McGraw-Hill Building an individual landmark on September 11, 1979 (LP-01050). Changes to a designated landmark, including many storefront, window and signage changes, need a permit from the Commission.
What is the address of the McGraw-Hill Building?
The McGraw-Hill Building is at 330 West 42nd Street in Times Square, Manhattan. City records list 327-337 West 41st Street and 326-336 West 42nd Street on the same tax lot (BBL 1010320048). A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 330 West 42nd Street?
330 West 42nd 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 McGraw-Hill Building is at 330 West 42nd Street, New York, NY 10036, in Times Square.
What is the zoning at the McGraw-Hill Building?
The lot is in the C6-7 zoning district. PLUTO lists a built floor area ratio (FAR) of 19.76 and a maximum commercial FAR of 15 for this lot.
What subway station is closest to the McGraw-Hill Building?
The closest subway station to the McGraw-Hill 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 500 feet away in a straight line, roughly 2 minutes on foot. The MTA lists it as an accessible station. Also nearby: 34 St-Penn Station (the A, C and E trains), 7 min walk; 49 St (the N, R and W trains), 8 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns the McGraw-Hill Building?
The NYC Department of Finance's 2026/27 assessment roll lists DECO TOWERS ASSOCIATES LLC as the owner of record of the McGraw-Hill Building (BBL 1010320048). 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.
What is the energy grade of the McGraw-Hill Building?
The McGraw-Hill Building reported an ENERGY STAR score of 100 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 100 earns an A. 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 12.9 kBtu per square foot, less than half the national median of 52.2 for a similar property. Its greenhouse gas emissions were about 851 metric tons of CO2e (1.48 kg per square foot).
Is there construction at the McGraw-Hill Building?
In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at the McGraw-Hill Building. A sidewalk shed permit here is active until December 8, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1010320048. 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 McGraw-Hill Building?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $71.4 million for the McGraw-Hill Building. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $7.75 million a year, roughly $14.02 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1010320048 show the actual bill.
What is the assessed value of the McGraw-Hill Building?
For tax year 2026/27, the NYC Department of Finance puts the market value of the McGraw-Hill Building at $158.7 million ($28.3 million of it land) and its assessed value at $71.4 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 10% from 2022/23 ($144.7 million) to 2026/27.
Is there office space for lease at the McGraw-Hill Building?
No space at 330 West 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.
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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