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The $1.1 Billion Secret: 7 Shocking Facts About 11 Times Square NYC And Its Powerhouse Tenants (Updated 2025)

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Eleven Times Square, the 40-story glass tower that anchors the western gateway to the iconic Times Square business corridor, is far more than just another Midtown Manhattan skyscraper. As of late 2025, this 1.1 million-square-foot commercial giant continues to make headlines, solidifying its status as one of the city's most technologically advanced and strategically located office buildings. Its recent leasing activity, including major 2025 renewals, confirms the building's enduring appeal to world-class corporations seeking state-of-the-art facilities and prime New York City real estate.

The building, developed by SJP Properties, stands as a beacon of modern commercial design at the critical intersection of Eighth Avenue and West 42nd Street. From its confirmed LEED Gold Certified status to its roster of high-profile tenants, 11 Times Square is a case study in successful post-2008 development and a testament to the future of the Manhattan office market. The following deep dive reveals the most current, essential, and surprising facts about this architectural marvel.

The Definitive Profile and Latest Developments (2025)

Eleven Times Square, often referred to simply as 11 Times Square, is a Class A office and retail tower that has redefined the commercial landscape of the Times Square area. Its strategic location offers unparalleled access to transportation, including 13 subway lines, the Port Authority Bus Terminal, and proximity to major commuter hubs.

  • Primary Address: 640 Eighth Avenue, New York, NY 10036
  • Location: Southeast corner of Eighth Avenue and West 42nd Street
  • Developer: SJP Properties, in partnership with Prudential Real Estate Investors (original partnership)
  • Current Ownership/Partners: SJP Properties, PGIM Real Estate, and Norges Bank Investment Management (following a major refinancing)
  • Architect: FXCollaborative (formerly FXFOWLE)
  • Year Completed: 2011
  • Height: 601 feet (183 meters)
  • Total Stories: 40
  • Total Square Footage: Approximately 1.1 million square feet
  • Sustainability Status: LEED Gold Certified

The Fresh News: 2025 Leasing Activity

In a strong signal of commitment to the Midtown market, 11 Times Square has secured significant renewals and leases as recently as mid-2025. The most notable recent update is the renewal by Rabin & Partners LLP for 10,881 square feet, announced in July 2025. This follows other major leasing activity, including a 49,982 square-foot lease recorded in late 2024. This consistent activity underscores the tower's appeal to financial, legal, and technology firms who prioritize modern infrastructure and an amenity-rich environment.

The Powerhouse Tenant Roster: Who Works at Eleven Times Square?

The tenant base at 11 Times Square is a veritable 'Who's Who' of global industry leaders, demonstrating the building's success in attracting high-caliber occupants away from traditional Midtown East locations. The concentration of top-tier firms significantly boosts the topical authority of the area, making it a key hub for finance, law, and technology.

The building’s design, featuring highly flexible and efficient floor-plates, has been instrumental in attracting these diverse corporations. The floor-to-ceiling glass and 14-foot slab-to-slab heights provide abundant natural light, a feature highly valued by modern office users.

A Selection of Notable Office and Retail Tenants:

  • Microsoft: One of the anchor tenants, occupying a significant portion of the tower and cementing its reputation as a technology hub.
  • Proskauer Rose: The international law firm is a major occupant, having commissioned a large-scale, high-end fit-out designed by Gensler.
  • Bank of America: A key financial institution with a substantial presence in the building.
  • PGIM Real Estate: The real estate arm of Prudential Financial, which is also a part-owner, occupies space here.
  • Kepos Capital LP: A prominent investment management firm.
  • Chiesa Shahinian & Giantomasi: A major regional law firm.
  • E-Trade: The online brokerage firm has also secured significant office space.
  • Digital Reasoning & Digitalis Ventures: Representing the growing presence of tech and venture capital.
  • Starbucks: A confirmed retail tenant, providing a crucial amenity for the office workers and the surrounding West 42nd Street area.

Why 11 Times Square is a Technological and Environmental Marvel

The building was conceived by developer SJP Properties to be a "smart" building, incorporating advanced systems that set it apart from older Midtown inventory. This focus on state-of-the-art technology and sustainability is a key factor in its commercial success and high occupancy rates.

1. The LEED Gold Standard

Achieving LEED Gold Certification from the U.S. Green Building Council is a significant accomplishment, especially for a tower of this size. This designation confirms that the building operates with superior environmental performance, including high energy efficiency, reduced water usage, and improved indoor air quality. The sustainable features were a core part of the design by FXCollaborative.

2. Unrivaled Visibility and Signage

One of the most unique and valuable features of 11 Times Square is its massive digital signage capacity. The sophisticated design allows for prominent exterior building signage positioned approximately 600 feet above Times Square. This offers tenants an unparalleled branding opportunity, visible to millions of people passing through the world's most famous intersection, a feature unavailable in most other Manhattan office towers.

3. The Strategic Location and Transportation Hub

The building's location on the southeast corner of Eighth Avenue and West 42nd Street is often cited as the western gateway to the Times Square business corridor. Its direct proximity to the Port Authority and the Times Square subway complex ensures that it is one of the most accessible office buildings in all of New York City, a critical factor for major corporate tenants like Microsoft and Proskauer Rose.

In conclusion, Eleven Times Square continues to dominate the New York commercial real estate narrative. With its fresh 2025 leasing activity, an impressive list of tenants, and a design philosophy centered on sustainability and technology, it remains a powerful symbol of modern Midtown Manhattan. Its success story is a clear indication that for the world's leading companies, the combination of premium location, advanced infrastructure, and environmental responsibility is an irresistible proposition.

The $1.1 Billion Secret: 7 Shocking Facts About 11 Times Square NYC and Its Powerhouse Tenants (Updated 2025)
11 times square nyc
11 times square nyc

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