Holland Plaza Building

The Holland Plaza Building has about 1 million square feet of floor area in total, including 894,000 square feet of office, 67,000 square feet of retail and 40,000 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 Holland Plaza Building to 1930, designed by Ely Jacques Kahn. The building is 17 floors tall.

Ely Jacques Kahn, according to the Landmarks Preservation Commission's building records, which list the style as Modern Classical and its original use as lofts.

Yes. The Landmarks Preservation Commission designated the Holland Plaza Building an individual landmark on September 24, 2013 (LP-02537). Changes to a designated landmark, including many storefront, window and signage changes, need a permit from the Commission.

The Holland Plaza Building is at 431 Canal Street in Hudson Square, Manhattan. City records list 431-475 Canal Street, 1 Hudson Square, 73-93 Varick Street and 73-99 Watts Street on the same tax lot (BBL 1002260001). A space listed on Leasemark at any of these addresses shows up on this page.

431 Canal Street is in ZIP code 10013, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The Holland Plaza Building is at 431 Canal Street, New York, NY 10013, in Hudson Square.

The lot is in the M1-6 zoning district. PLUTO lists a built floor area ratio (FAR) of 15.98 and a maximum commercial FAR of 10 for this lot.

The closest subway station to the Holland Plaza Building is Canal St (the 1 train), about 250 feet away in a straight line, roughly 1 minute on foot. Also nearby: Canal St (the A, C and E trains), 4 min walk; Spring St (the C and E trains), 5 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 REMAINDERMAN 1 HUDSON SQUARE LLC as the owner of record of the Holland Plaza Building (BBL 1002260001). 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.

Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at the Holland Plaza Building. One public company reports the address as its principal executive office: OSCAR HEALTH, INC. (OSCR). 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 Holland Plaza Building reported an ENERGY STAR score of 85 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 85 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 50.9 kBtu per square foot, 45% below the national median of 91.9 for a similar property. Its greenhouse gas emissions were about 4,784 metric tons of CO2e (4.84 kg per square foot).

At its 2024 energy use, the Holland Plaza Building comes to about 3,747 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 7,547 tons for 2024 to 2029 (50% of the limit), so it would owe no penalty. From 2030 the limit drops to 2,709 tons and the same energy use counts as about 2,307 tons, still under the limit. 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 8 jobs at the Holland Plaza Building. In the last two years, interior work was permitted on 4 floors (floors 1, 2, 8 and 10, the cellar and the ground floor). The newest build-out, on floor 10, was first permitted in June 2026 (construction, mechanical, plumbing, sprinklers, standpipe; filed cost estimate $463,000). A sidewalk shed permit here is active until January 5, 2027. These are the Department of Buildings' DOB NOW work permits for tax lot 1002260001. 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 $137 million for the Holland Plaza Building. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $14.9 million a year, roughly $14.85 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1002260001 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of the Holland Plaza Building at $312.2 million ($17.4 million of it land) and its assessed value at $140.5 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 7% from 2022/23 ($290.9 million) to 2026/27.

Owners registered 8 storefronts at the Holland Plaza Building for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day. A year earlier, 1 of 7 stood vacant. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.

No space at 431 Canal 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.