Columbus Circle

View of Columbus Circle from Inside Time Warner CenterColumbus Circle Submarket Overview

Thanks in part to the success of Related’s 1 billion-square-foot Time Warner Center – and easy access through the Mariner’s Gate into the southeast corner of Central Park – the Columbus Circle submarket has shed its gritty past and turned into one of Manhattan’s most exciting commercial real estate destinations.

Named, of course, for Christopher Columbus, and located at the intersection of Eighth Avenue, Broadway, West 59th Street, and Central Park West, Columbus Circle itself is actually the point from which all official distances from New York City are measured. It was completed in 1905 and renovated in 2005 in connection with the construction of the Time Warner Center. The marble statue of Christopher Columbus was placed in 1892 to commemorate the 400th anniversary of Columbus’s landing in America.

New office opportunities in and around Columbus Circle include the historic, renovated LEED Gold Argonaut Building and the LEED-EB 1745 Broadway. But all tenants no matter their location enjoy all that the Time Warner Center has to offer – from Jazz at Lincoln Center and Whole Foods to Per Se. For workers in need of a mid-day escape, the Museum of Arts and Design on the south side of Columbus Circle hosts free Friday evenings and a cocktail lounge with stunning views over Central Park.

Columbus Circle Inventory, Vacancy Rate, & Asking Rents

Overall current inventory in the Columbus Circle submarket is approximately 3.5 million square feet. BAs of the first quarter 2012, the vacancy rate was 6.7 percent. But office space generally remains a good value – average asking Class A rents of just $47 per square foot are only slightly higher than overall average asking rents at $43 per square foot.

Map of Columbus Circle Office Properties

Current LEED-certified, Energy Star-rated, and historic commercial office buildings in the Columbus Circle submarket are displayed below. You can use the options tab to expand your search into other New York City submarkets.

Loading
  • The Argonaut Building
  • The Argonaut Building
  • Submarket: Columbus Circle
  • Certifications: LEED–CS Version 2.0, Gold
  • View Property
  • 1740 Broadway
  • 1740 Broadway
  • Submarket: Columbus Circle
  • Certifications: LEED–EB: OM, Silver; Energy Star
  • View Property
  • 3 Columbus Circle
  • 3 Columbus Circle
  • Submarket: Columbus Circle
  • Certifications: LEED–EB: OM, Silver (Registered)
  • View Property