1239 Broadway is located in the heart of NoMad which is currently in the midst of one of the fastest gentrifications in all of New York City. It is surrounded by brand new developments that have opened or will open this year such as The Ritz-Carlton, 1245 Broadway (new ~200,000 SF high-end office tower – recently signed leases with A24 Films), The Virgin Hotel between 30th and 29th Street, The Ned (A Members Club & Hotel) corner of 28th and Broadway, The Moxy on 28th and Sixth Avenue, Nomad Tower (1250 Broadway), and more.