130 Mercer

130 Mercer (The Scholastic Building) is the premier destination for companies that seek a modern, amenitized office space on large, efficient floorplates in the heart of SoHo. Ideally positioned between Spring and Prince Streets, with entrances on both Mercer Street and Broadway (555–557 Broadway), this iconic property is home to Scholastic’s corporate headquarters, as well as a full-floor Convene conference center.

More than $115 million in capital improvements have been completed, with an additional $26 million of planned upgrades through 2030. New in-building amenities include a state-of-the-art fitness center and lounge to be completed in 2026. This amenity complements the existing 290-person town hall designed to enhance employee recruitment, retention, and productivity. The building features a fully renovated Mercer Street lobby, with the Broadway lobby set for renovation in 2026.

Building systems have been comprehensively modernized with destination-dispatch elevators, upgraded HVAC, new electrical busduct, newly upgraded restrooms, and enhanced security systems with a 24/7 attended lobby concierge.

As a leader in sustainability and indoor environmental quality, ESRT delivers healthy and productive work environments. ESRT is the first portfolio in the Americas to achieve WELL Certification by the International WELL Building Institute. The portfolio is fully powered by renewable wind energy, is a Fitwel Champion, earned the 2024 ENERGY STAR Sustained Excellence Award, and has achieved Five Stars, an A rating, and the highest GRESB score among all Americas-listed companies for six consecutive years. ESRT’s best-in-class balance sheet and leadership in sustainability help tenants align with and achieve their corporate sustainability goals.

In-building retailers include Sephora, Monos, and Capital One.

Located within the SoHo–Cast Iron Historic District, 130 Mercer is surrounded by world-class shopping, dining, and hospitality that define the SoHo experience. The property’s location offers excellent access to public transportation just steps from the R/W line, and a short walk to the B/D/F/M and 6 lines, for convenient connectivity across New York City.