450 Lexington Avenue
450 Lexington Avenue is a 38-story office building located on Lexington Avenue between East 44th and 45th Streets, in East Midtown, Manhattan, New York City.[1] The building, which was built in 1992, is clad in Sardinian gray granite and features a repeating diamond motif that highlights the building setbacks and its crown.
450 Lexington Avenue | |
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General information | |
Status | Complete |
Type | Commercial |
Location | 450 Lexington Avenue Manhattan, New York City |
Country | United States |
Coordinates | 40.753268°N 73.975443°W |
Completed | 1992 |
Owner | RXR Realty |
Height | 173 metres (568 ft) |
Technical details | |
Floor count | 38 |
Floor area | 910,273 square feet (84,567 m2) |
Design and construction | |
Architect | Warren and Wetmore (Original structure) Skidmore, Owings, and Merrill (New tower) |
The tower was built within and on top of the preexisting Grand Central Post Office, which was designed by Warren and Wetmore and constructed from 1906 to 1909.[2] It was originally developed by Hines after anchor tenant and original developer Prudential Financial backed out of the project.[3] It was ultimately developed by Sterling Equities and still stands below the modern skyscraper.[4][1]
The building was owned by Istithmar World from 2006 to 2012, and has been owned by RXR Realty since 2012.[5][6] Istithmar purchased 450 Lexington in 2006 but refinanced the property the following year for $600 million.[7] Current tenants include Brixmor Property Group, Davis Polk & Wardwell, Herbert Smith Freehills, Warburg Pincus, and WeWork.[8]
- The original building
- The tower atop the former post office building
References
- Dunlap, David W. (November 25, 1990). "Commercial Property: 450 Lexington Avenue; Up From the Depths: A Neo-Neo-Classical Tower". The New York Times. ISSN 0362-4331. Retrieved August 12, 2019.
- "450 Lexington Avenue". Emporis. Retrieved July 14, 2016.
- "450 Lexington". Hines. Retrieved July 14, 2016.
- "Sterling Equities – Sterling Equities". Retrieved August 12, 2019.
- Mauer, Mark (June 10, 2013). "RXR to scoop up 49 percent stake in One Worldwide Plaza". The Real Deal. Retrieved July 14, 2016.
- Bagli, Charles V. (June 5, 2006). "New Owners Plan to Bring Knickerbocker Hotel Back to Times Square". The New York Times. Retrieved July 14, 2016.
- Rosen, Daniel Edward (July 11, 2012). "RXR Realty To Buy 450 Lexington Avenue from Istithmar World Capital". Commercial Observer. Retrieved January 18, 2017.
- Malesevic, Dusica Sue (March 3, 2016). "WeWork, Lend Lease in talks for global office venture: report". The Real Deal. Retrieved July 14, 2016.
External links
Media related to 450 Lexington Avenue at Wikimedia Commons