1400 Broadway

What 1400 Broadway does

1400 Broadway is a classic Pre-War commercial office building located in Manhattan's historic Garment District, owned and operated by Empire State Realty Trust (ESRT), a publicly traded NYSE-listed REIT. The property serves primarily fashion and garment-industry tenants — including major international clothing designers and showrooms — alongside general commercial tenants across small, mid-sized, and multi-floor business users. Leasing is conducted exclusively through Newmark Grubb Knight Frank, which markets pre-built suites, turn-key spaces, and build-to-suit opportunities.

The building's digital product surface is limited to tenant-facing operational tools: an Electronic Tenant Portal providing web-based access to building information, forms, and calendar; a mobile property app optimized for iPhone, iPad, Android, and BlackBerry devices; and a Workspeed-powered online work order system for service requests, access card requests, freight elevator reservations, and material passes. These are conventional property-management platforms, not differentiated technology offerings. The property holds LEED, ENERGY STAR, and ESRT health-and-safety certifications.

The revenue model is subscription-recurring in nature: tenants pay rent monthly under individually negotiated lease agreements, with terms, square footage rates, and amounts customized to tenant requirements, creditworthiness, and lease duration. Pricing is not publicly disclosed. Additional ancillary services include exclusive contracts with First Quality Maintenance (cleaning), Royal Waste Services (waste), and Great Forest (recycling). The property is currently undergoing a $45 million capital upgrade program to modernize the asset and maintain its leading position in the Garment District.

Name

1400 Broadway

Legal name

1400 Broadway

Website

https://1400broadwayny.info

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

1400 Broadway is a Pre-War commercial office building in Manhattan's Garment District, owned by Empire State Realty Trust and leased primarily to fashion industry showrooms and general commercial tenants via exclusive broker Newmark Grubb Knight Frank.

Ownership category

akta.pro rank

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Commercial Office Leasing: The building generates revenue through commercial office leasing to tenants. Tenants pay rent according to their lease agreements. The property offers various space configurations including pre-built suites, turn-key spaces, and build-to-suit opportunities.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

1400 Broadway is a commercial office building in Manhattan's Garment District that leases office and showroom space to business tenants. The property offers pre-built suites, turn-key spaces, and build-to-suit configurations, with professional building management, 24/7 security, and tenant service amenities.

Product overview

1400 Broadway operates an Electronic Tenant Portal as its core digital product, providing tenants with a comprehensive online hub for building management services. The portal includes the main web-based handbook, a mobile-optimized version (Mobile Property App) for smartphone access, and an integrated work order system powered by Workspeed for service requests, maintenance, and facility management. These digital touchpoints enable tenants to access building information, submit requests, download forms, view the building calendar, and manage their tenancy remotely.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Office Leasing
• Electronic Tenant Portal

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Newmark Grubb Knight Frank (NGKF)coreChannel Partner/ Reseller/ DistributorExclusive leasing company for 1400 Broadway. Handles all inquiries regarding leasing space at the building. Contact: Neil Rubin, 212-372-2423, [email protected]
• First Quality MaintenancecoreOthersExclusive cleaning service provider for 1400 Broadway. A dominant player in the New York market offering conventional, advanced, and special cleaning services. Representative: Catherine Coleman at 212-947-7800 Ext. 438
• Royal Waste Services, Inc.coreOthersExclusive waste hauler for 1400 Broadway. All tenants must have a separate contract with Royal Waste Services per lease terms. Account representative: Bob Guarnaccia at (718) 526-2623
• Great ForestminorOthersPartner for establishing state-of-the-art recycling program for the building. Recycling will include paper, glass, metal, batteries, and fluorescent light bulbs.
• WorkspeedcoreTechnology or IntegrationOnline work order management system used by 1400 Broadway. Tenants submit service requests, access card requests, freight elevator reservations, and other building services through secure.workspeed.com platform.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Others

• Newmark Group: Newmark Group (formerly Newmark Grubb Knight Frank) is the exclusive leasing broker for 1400 Broadway and a major commercial real estate services firm. It is a key channel partner and comparable industry service provider rather than a direct owner-comp.

Broad incumbents

• Empire State Realty Trust: Empire State Realty Trust is the publicly traded parent REIT that owns and manages 1400 Broadway as part of its Manhattan office portfolio. It is the broadest incumbent operator of the asset and operates comparable trophy Midtown office buildings including the Empire State Building.
• Brookfield Property Partners: Brookfield Properties owns and operates a major portfolio of Manhattan office towers including One Manhattan West and Two Manhattan West. It is a broad incumbent in the same Midtown office leasing market as 1400 Broadway.
• Tishman Speyer: Tishman Speyer owns and operates trophy office properties in Manhattan, including Rockefeller Center. It is a broad incumbent competing in the same Midtown office leasing market as 1400 Broadway.
• Related Companies: Related Companies is a large New York real estate owner and developer with a major office and mixed-use portfolio in Manhattan. It competes with 1400 Broadway for tenants across multiple Midtown submarkets.

Direct peers

• Paramount Group: Paramount Group is a publicly traded REIT specializing in Class A office properties in Midtown Manhattan. Its portfolio directly competes with 1400 Broadway for premium tenants and is a direct peer in the same submarket.
• RXR Realty: RXR Realty is a New York-based owner, operator, and developer of Class A office and mixed-use properties in Manhattan and the surrounding region. It is a direct peer for trophy and renovated Midtown office product similar to 1400 Broadway.
• Vornado Realty Trust: Vornado Realty Trust is a Manhattan-focused office REIT that owns and operates a portfolio of trophy and Class A Midtown office buildings in similar submarkets to 1400 Broadway. It is a direct peer in the ownership and operating of premium Manhattan office product.
• Durst Organization: Durst Organization is a privately held New York real estate owner and operator of sustainable, high-rise office buildings in Manhattan. Its focus on modernized, environmentally certified office product directly parallels 1400 Broadway's ESG positioning.
• SL Green Realty Corp. SL Green is the largest office landlord in Manhattan and owns a portfolio of Midtown office buildings comparable to 1400 Broadway in grade, location, and tenant base. It is a direct peer for Manhattan office leasing economics and capital deployment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 1400 Broadway