Office space in
Columbus Circle.
One of Manhattan’s 31 office submarkets — advised by DLS Commercial Real Estate, tenant-side, lease by lease.
Columbus Circle is the office district at the southwest corner of Central Park, where Broadway meets Eighth Avenue at 59th Street — anchored by the Deutsche Bank Center and Hearst Tower. Its trophy and Class A towers draw media, finance, and corporate tenants seeking park views and transit. DLS Commercial Real Estate advises tenants here, tenant-side, lease by lease.
At a glance
Character
The gateway between Midtown and the Upper West Side at the southwest corner of Central Park — landmark mixed-use towers, park views, and a major transit hub at the circle.
Typical tenant
Media and entertainment companies, financial firms, and corporate headquarters — tenants that value a prestige park-front address, modern towers, and central transit.
Building stock
A compact set of modern trophy and Class A towers — large, efficient floorplates, high finishes, and Central Park exposures — among older stock along the avenues. Premium space is tightly held.
Rent posture
Toward the top of Midtown: park-view trophy floors command premium rents, with the broader district nearer the Midtown average. (Current market data, Q1 2026.)
A DLS datapoint
Illustrative — DLS stamps one original, first-hand figure here (e.g. the premium measured for park-view floors across recent Columbus Circle tours).
Deal footprint
Illustrative — an anonymized DLS engagement in the district goes here (e.g. a media tenant’s park-front relocation negotiated on improved terms).
Office inventory
12,602,745 SF of office space across 48 office buildings — 37 of them 50,000 SF or larger, averaging a 1947 vintage.
Small (<50k)
11 buildings, 259,250 SF total, averaging a 1928 vintage.
The floor of the market — single-tenant or partial-floor space.
Mid-Size (50k-150k)
17 buildings, 1,524,587 SF total, averaging a 1933 vintage.
Room to grow — typically several floors for one tenant.
Large (150k-500k)
9 buildings, 2,727,261 SF total, averaging a 1935 vintage.
Anchor scale — often most or all of a building.
Trophy (>=500k)
11 buildings, 8,091,647 SF total, averaging a 1978 vintage.
Headquarters scale — the market's largest occupiers.
Source: NYC Department of City Planning, MapPLUTO (fetched July 2026) — counting only true office buildings: 10,000 SF of office or more, office above grade (not a ground-floor office under apartments), purpose-built or converted loft/office-condo stock. Spatially joined to DLS’s 31 mapped submarkets.
Where rents sit
Asking rent, $/SF · Current market data, Q1 2026 — consistent across sources.
Questions
What is the office market like in Columbus Circle?
Columbus Circle is a trophy office district at the southwest corner of Central Park around the Deutsche Bank Center and Hearst Tower, leased by media, finance, and corporate tenants. DLS Commercial Real Estate represents tenants here, negotiating address, view, and terms against premium Midtown pricing.
Does DLS represent tenants in Columbus Circle?
Yes. DLS Commercial Real Estate advises office tenants across Columbus Circle and Manhattan's other office submarkets — the tenant's interests only, with a fee customarily paid by the landlord.
