 However the commercial market quickly recovered and the residential units were instead rented as showrooms and studios for companies in the Garment District.The building was listed on the National Register of Historic Places on April 11, 1980.In 2004, SL Green sold the building, by then known as 6 Times Square, to Sitt Asset Management, which in turn sold the building in 2006 to Istithmar Hotels, an investment group from the Royal family of Dubai.