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Eleven Times Square is an office and retail tower located at 640 Eighth Avenue, at the intersection with West 42nd Street, in the Times Square and West Midtown neighborhoods of Manhattan, New York City. The 40-story, tower rises , making it the 131st tallest building in New York City. The structure is directly east of the Port Authority Bus Terminal and immediately north of The New York Times Building. Completed in 2011, Eleven Times Square was developed by New York City-based SJP Properties in partnership with Prudential Real Estate Investors, and was designed by architect Dan Kaplan of FXFOWLE.


Architecture

11 Times Square has been certified by the
Leadership in Energy and Environmental Design Leadership in Energy and Environmental Design (LEED) is a green building certification program used worldwide. Developed by the non-profit U.S. Green Building Council (USGBC), it includes a set of rating systems for the design, construction ...
as an environmentally friendly building. It features concierge-level services including a high-tech elevator dispatch system; an advanced visitor check-in system; a secured, fully efficient loading dock; and a messenger/mail center and delivery area specifically designed to maximize ease of use by tenants. The building also provides LEED Platinum-level indoor air quality and features highly efficient office space with floor-to-ceiling windows and column-free corner offices, as well as multiple private terraces. 11 Times Square's lobby features a kinetic mobile installation designed by artist Tim Prentice. The building is in close proximity to several modes of public transportation. The Port Authority Bus Terminal is directly across Eighth Avenue to the west. In addition, it has direct access to the
New York City Subway The New York City Subway is a rapid transit system owned by the government of New York City and leased to the New York City Transit Authority, an affiliate agency of the state-run Metropolitan Transportation Authority (MTA). Opened on October 2 ...
, with an entrance to the Times Square–42nd Street/Port Authority Bus Terminal subway station () inside the lot line.


History

The project's developers began constructing the building in 2007 on spec without a single lease signed. Global law firm Proskauer Rose was the first to sign on at the project, taking roughly a third of the building's space in 2010. By the time the building opened in 2011, it was still only 40% leased. In February 2015, Norges Bank Investment Management purchased a 45-percent stake in Eleven Times Square. SJP Properties and Prudential Real Estate Investors continue to own and control the building, and SJP Properties continues to manage, lease and operate the building.


Tenants

Tenants include Microsoft Corp., law firm Proskauer Rose, hedge fund
Moore Capital Management Moore Capital Management LP (MCM) is a New York-based, global investment management firm headquartered in New York, New York.
British Telecom BT Group plc (trade name, trading as BT and formerly British Telecom) is a British Multinational corporation, multinational telecommunications holding company headquartered in London, England. It has operations in around 180 countries and is th ...
,
E*TRADE E-Trade Financial Corporation (stylized as E*TRADE) is a financial services subsidiary of Morgan Stanley, which offers an electronic trading platform to trade financial assets. The company receives revenue from interest income on margin ...
, Kepos Capital and eMarketer. Before opening, the National Basketball Association, law firm
Morrison & Foerster Morrison & Foerster LLP (also known as MoFo) is an American multinational law firm headquartered in San Francisco, California, with 17 offices located throughout the United States, Asia, and Europe. The firm has over 1,000 lawyers who advise cli ...
, and Buffalo Wild Wings had considered leasing space in the building but ultimately declined. The tower has of retail space. In 2017, the retail space was leased to Spanish company Parques Reunidos, which planned to open a Lionsgate Entertainment Palace before withdrawing in June 2019.


References


External links

*
Official site
{{coord, 40.756596, -73.989672, display=title 42nd Street (Manhattan) 11 Times Square Office buildings completed in 2011 Times Square buildings Eighth Avenue (Manhattan) 2011 establishments in New York City