Elecor Properties Will Renovate 1633 Broadway Tower

The 48-story Manhattan office building will undergo a multi-phase renovation adding 40,000 square feet of amenities.

Updated on Oct. 13, 2026 in Remote Work

A modern glass and steel skyscraper facade rising into a clear blue sky in Midtown Manhattan. — Elecor Properties announced a comprehensive renovation for the 1633 Broadway tower in Manhattan, adding 40,000 square feet of tenant-facing amenities by 2027. AI Illustration. Upload story photo >

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Elecor Properties announced a comprehensive renovation plan for the 2.5 million-square-foot office tower at 1633 Broadway in Manhattan. The project includes a lobby expansion and the addition of 40,000 square feet of tenant amenities beginning in 2027.

Why it matters

This project is part of a larger capital improvement strategy for the firm’s New York and San Francisco property portfolios. The upgrades aim to enhance the office experience at the Midtown tower, which currently holds LEED Gold and Fitwel certifications.

The 48-story building features office floor plates ranging from 37,000 to 54,000 square feet. The renovation will introduce second-floor amenities including a coffee bar, lounge, and event spaces with 24-foot ceilings.

The players

Elecor Properties

This real estate firm manages a portfolio of office properties across New York and San Francisco.

The details

Construction will occur in phases to modernize the space located between West 50 and West 51 Streets. The renovations focus on increasing tenant-facing facilities within the existing high-rise footprint.

Renovation phases are scheduled to begin in 2027.
The full renovation program is expected to reach completion by mid-2028.

Market Landscape

This investment follows the industry-wide trend of converting underutilized office space into high-end tenant amenities to attract workers. The move positions Elecor Properties to maintain competitiveness for its large-scale commercial assets in a changing New York City market.

Tenants and visitors at 1633 Broadway can expect updated facilities and new communal areas once construction concludes in 2028. These improvements are intended to provide enhanced onsite services for those working within the Midtown tower.

The takeaway

Commercial property owners are increasingly prioritizing shared amenities to differentiate their assets in competitive urban markets. Tenants should expect these facility upgrades to become a standard requirement for large office buildings in the coming years.