7 W 34th St
New York City, NY 10001
Owner: Vornado Realty Trust
Year Built: 1901
Rentable Building Area: 477,000
Lot Size: 40,075 SF (0.92 AC)
Stories: Twelve (12)
Property Mix: 456,000 SF Office, 21,000 SF Retail
Typical Floor Size: 31,594 SF
Slab to Slab: 15'
Tenants: Amazon, Amazon Books, Naturalizer Shoes, Lindt Chocolates
Improvements: $38,907,450 - ($1,313/SF)
Land: $27,000,000 - ($911/SF)
Total Value: $65,907,450 - ($2,224/SF)
June 2016: $263,670,000
December 2015: Undisclosed
November 2000: $128,048,788, ($268.45/SF)
October 1997: $110,000,000, ($230.61/SF)
In June of 2016 CBRE Global Investors' U.S. Managed Accounts Group acquired a 47 percent interest in 7 W 34th Street on behalf of Korea Post. Vornado Realty Trust retains a 53 percent partnership interest.
Vornado Realty redeveloped the property in 2014 to house Amazon's headquarters and first distribution center in Manhattan. Renovations include fully-renovated lobby, large outdoor terrace, dramatic exterior lighting, and dedicated tenant welcome center.