New York Life Insurance Company Building

The New York Life Insurance Company Building has about 1.2 million square feet of floor area in total, including 1 million square feet of office, 36,000 square feet of retail and 89,000 square feet of industrial and storage space, 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 New York Life Insurance Company Building to 1926-1928, designed by Cass Gilbert. The building is 34 floors tall.

Cass Gilbert, according to the Landmarks Preservation Commission's building records, which list the style as neo-Gothic and its original use as an office building.

Yes. The Landmarks Preservation Commission designated the New York Life Insurance Company Building an individual landmark on October 24, 2000 (LP-02067). Changes to a designated landmark, including many storefront, window and signage changes, need a permit from the Commission.

The New York Life Insurance Company Building is at 380 Park Avenue South in Midtown South, Manhattan. City records list 31-51 East 26th Street, 24-50 East 27th Street, 45-55 Madison Avenue and 364-378 Park Avenue South on the same tax lot (BBL 1008560024). A space listed on Leasemark at any of these addresses shows up on this page.

380 Park Avenue South is in ZIP code 10010, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The New York Life Insurance Company Building is at 380 Park Avenue South, New York, NY 10010, in Midtown South.

The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 13.82 and a maximum commercial FAR of 15 for this lot.

The closest subway station to the New York Life Insurance Company Building is 28 St (the 6 train), about 400 feet away in a straight line, roughly 1 minute on foot. The MTA lists it as partly accessible. Also nearby: 23 St-Baruch College (the 6 train), 4 min walk; 23 St (the R and W trains), 4 min walk. Walking times are straight-line estimates; the street route is longer.

The NYC Department of Finance's 2026/27 assessment roll lists NEW YORK LIFE INSURANCE CO INC as the owner of record of the New York Life Insurance Company Building (BBL 1008560024). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at the New York Life Insurance Company Building. 4 investment managers and funds file 13F holdings reports from the address, including Eagle Strategies LLC, New York Life Investment Management LLC and NYL Investors LLC. Private companies do not file with the SEC, so the full list of tenants is longer, and a company can also report a building it owns.

The New York Life Insurance Company 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 65.5 kBtu per square foot, 36% below the national median of 102.6 for a similar property. Its greenhouse gas emissions were about 8,951 metric tons of CO2e (6.03 kg per square foot).

At its 2024 energy use, the New York Life Insurance Company Building comes to about 6,485 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 11,303 tons for 2024 to 2029 (57% of the limit), so it would owe no penalty. From 2030 the limit drops to 4,011 tons and the same energy use counts as about 4,205 tons, about 194 tons over, or an estimated $52,000 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 9 jobs at the New York Life Insurance Company Building. In the last two years, interior work was permitted on 9 floors (floors 1 to 3, 5, 8, 9 and 21 to 23, the mezzanine and the sub-cellar). The newest build-out, on floor 1, the mezzanine and the sub-cellar, was first permitted in September 2026 (construction, mechanical; filed cost estimate $1.8 million). These are the Department of Buildings' DOB NOW work permits for tax lot 1008560024. 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 $134.2 million for the New York Life Insurance Company Building. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $14.6 million a year, roughly $12.55 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008560024 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of the New York Life Insurance Company Building at $304.2 million ($78 million of it land) and its assessed value at $136.9 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 1% from 2022/23 ($306 million) to 2026/27.

No space at 380 Park Avenue South 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.