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One Astor Plaza

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One Astor Plaza

One Astor Plaza, also known as 1515 Broadway and formerly the W. T. Grant Building, is a 54-story office building on Times Square in the Theater District of Midtown Manhattan in New York City, New York, U.S. Designed by Der Scutt of Ely J. Kahn & Jacobs, the building was developed by Sam Minskoff and Sons. One Astor Plaza occupies a site bounded by Broadway to the east, 45th Street to the north, Shubert Alley to the west, and 44th Street to the south. The building is named after the Hotel Astor, which had occupied the site from 1904 to 1967. SL Green Realty and Allianz own One Astor Plaza, which served as the corporate headquarters of Paramount Global until 2025. The building still serves as a major office for Paramount Skydance.

The building consists of a low base that occupies most of the site, as well as a 745-foot-tall (227 m) tower section with smaller floor areas. The facade is designed in glass and stone, with large signs. The upper stories have dark glass windows, with stone mechanical shafts on all sides of the tower. The lower stories contain a public passageway and retail at ground level, as well as a lobby and Paramount Global's Studio 1515 at the second story. The building was constructed with two theaters: a Broadway house called the Minskoff Theatre on the third floor, as well as a cinema in the basement (now an event venue called Palladium Times Square).

Sam Minskoff and Sons bought the Hotel Astor site in 1966 and initially proposed a 50-story tower without any theaters. Following a series of discussions, the Minskoff Theatre was included in exchange for additional floor area. Construction began on October 10, 1968, and the first tenants moved into the building in May 1971, with the building being completed the next year. One Astor Plaza was originally named after its anchor tenant, the W. T. Grant retail chain, which only occupied the space until 1976. Tishman Speyer and the Equitable Life Assurance Society bought One Astor Plaza in 1984. Tishman Speyer sold its ownership stake in 1990, just before Equitable filed a bankruptcy proceeding against the building, which was withdrawn after a lawsuit. Viacom leased space at One Astor Plaza starting in 1990, and its successors gradually came to occupy most of the building. SL Green Realty has owned or co-owned the building in some capacity since 2003.

One Astor Plaza is at 1515 Broadway, along Times Square, in the Midtown Manhattan neighborhood of New York City, New York, U.S. While the building carries a Broadway address, it is actually on the west side of Seventh Avenue. The section of Broadway and Seventh Avenue between 43rd and 45th Streets is officially listed on city maps as "Times Square", but the adjoining section of Broadway was converted into a permanent pedestrian plaza in the 2010s. One Astor Plaza's rectangular land lot is bounded by Times Square to the east, 45th Street to the north, Shubert Alley to the west, and 44th Street to the south. The lot spans 65,764 square feet (6,109.7 m2), with a frontage of 200 feet (61 m) on Times Square and 327 feet (100 m) on 44th and 45th Streets. Shubert Alley, which covers 6,400 square feet (590 m2) of the land lot, is a private passageway shared with the Shubert Organization. The intersection of Times Square and 44th Street, directly outside One Astor Plaza, was renamed after Viacom founder Sumner Redstone in 2021.

The surrounding area is part of Manhattan's Theater District and contains many Broadway theatres. 1515 Broadway shares the block with seven theaters to the west: the Shubert, Broadhurst, and Majestic on 44th Street and the Booth, Gerald Schoenfeld, Bernard B. Jacobs, and John Golden theaters on 45th Street. The Music Box Theatre, Imperial Theatre, and Richard Rodgers Theatre are across 45th Street to the northwest, and the New York Marriott Marquis hotel is to the north. Across Times Square are 1540 Broadway to the northeast, 1530 Broadway and the Millennium Times Square New York to the east, and 1500 Broadway to the southeast. One Astor Plaza is also close to 1501 Broadway to the south and 229 West 43rd Street, the Hayes Theater, and the St. James Theatre to the southwest.

Prior to the development of One Astor Plaza, the site had been owned by the Astor family. The site had contained the eleven-story Hotel Astor, which had been designed by Clinton & Russell in a Beaux-Arts style and opened in 1904 with 1,000 guest rooms. The hotel had contained a red-brick facade, a mansard roof, and a lobby with a 22-foot-high colonnade. According to architecture writer Robert A. M. Stern, the Astor inspired "a new species of popular hotels that soon clustered around Times Square, vast amusement palaces that catered to crowds with scenographic interiors that mirrored the theatricality of the Great White Way."

One Astor Plaza was developed by the Sam Minskoff and Sons company and designed by Kahn and Jacobs, with Der Scutt as the principal architect. In addition, Ben Schlanger was hired as a consultant for the design of two theaters in the building: the Minskoff Theatre, a Broadway house on the third floor, and the Loews Astor Plaza (now the Palladium Times Square), originally a movie house in the basement. The building engineers are Shmerykowsky Consulting Engineers.

The building has 54 stories and measures 745 feet (227 m) to its pinnacle. According to Emporis, the building is 730 feet (220 m) tall to its main roof. Internally, One Astor Plaza is served by 36 elevators. The New York City Department of City Planning cites the building as having a Gross Floor Area of 1,721,814 square feet (160,000 m2), while The Skyscraper Center gives a floor area of 1,931,982 square feet (179,000 m2). Underneath the building is a parking lot for 225 cars.

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