461 Fifth Avenue

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461 Fifth Avenue
461-5th-Bisanz.jpg
461 Fifth Avenue
General information
TypeOffice and retail
Location New York, NY
Coordinates 40°45′08″N73°58′53″W / 40.7523°N 73.9815°W / 40.7523; -73.9815
Construction started1988
Completed1989
Owner SL Green Realty
Height
Roof376 ft (115 m) [1]
Top floor335 ft (102 m)
Technical details
Floor count28
Floor area200,000 sq ft (19,000 m2)
Design and construction
Architect(s) Skidmore, Owings & Merrill
Developer Mitsui Fudosan, London & New York Estates Corporation, and Colonial Property Group
References
website

461 Fifth Avenue is a 28-story skyscraper in Midtown Manhattan, New York City, at the northeast corner of Fifth Avenue and 40th Street. The building was constructed in 1988 by the Mitsui Fudosan development group and designed by Skidmore, Owings & Merrill. [2]

Contents

History

In the late nineteenth century, 461 Fifth Avenue was the residence of the Misses Furniss, who were known for hosting musicals and other social functions. [3] They had acquired the address from a J. M. Bixby sometime after 1873. [4]

Sometime between 1911 and 1915, the private house was replaced with an eleven-story office building, which in 1945 was renovated to become a Lane Bryant store. [5] [6] [7] By 1988 the Lane Bryant building was demolished. [8]

The current structure was built in 1988 by a Japanese-lead development group using a design by Raul de Armas of Skidmore, Owings & Merrill. [9] [10] Within a year of completion, the building had a 90% occupancy rate and had spurred a building boom in the Fifth Avenue area. [11] By 1992 it was fully leased. [12] [13] The first floor shopping level was occupied by a Pier 1 Imports until 2007, when it was leased to BCBGMAXAZRIA. [14]

The building was sold to its current owner, SL Green Realty, in 2003 for $62.3 million. [15]

Architecture

The building uses modern materials, creating a stone-finish look, as well as a setback at the base, which is at the same height as older buildings in the neighborhood. The building is also noted architecturally for its combination of a 10-story 19th-century base, which mirrors nearby older buildings, and an 18-story post-modern tower. [9] [16]

The exterior uses a pre-cast concrete finish to mimic the appearance of limestone and has a copper mansard roof similar to other buildings in the area. [10] [17]

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References

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  4. "The Assessed Valuation.; The Work of the Supervisors' Committee Yesterday". New York Times. July 31, 1873. p. 6. Archived from the original on June 29, 2009. Retrieved June 20, 2009.
  5. "Recent Demolition of Windsor Arcade Calls Attention to Fifth Avenue Changes". New York Times. June 18, 1911. pp. REFB-XX1. Retrieved June 20, 2009.
  6. "Silk House Takes Broadway Floor". New York Times. May 2, 1930. pp. RE-46. Retrieved June 20, 2009.
  7. "Store Alteration to Cost $200,000; Architects File Plans for New Home of Lane Bryant on Fifth Ave". New York Times. November 8, 1945. pp. B&F36. Archived from the original on June 29, 2009. Retrieved June 20, 2009.
  8. McCain, Mark (October 7, 1987). "Real Estate; 8 Blocks Of 5th Ave. Awakening". New York Times. pp. D26. Archived from the original on June 29, 2009. Retrieved June 20, 2009.
  9. 1 2 Fletcher, Tom. "461 Fifth Avenue Bldg". nyc-architecture.com. Archived from the original on June 6, 2009. Retrieved June 20, 2009.
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  11. Lyons, Richard D. (January 17, 1990). "Real Estate; A New Face For Stretch Of Fifth Ave". New York Times. pp. D22. Archived from the original on June 29, 2009. Retrieved June 20, 2009.
  12. "461 5th Ave. 100% occupied with tenants such as the State Bank of South Australia". Real Estate Weekly. Hagedorn Publication. December 2, 1992. Retrieved June 20, 2009.
  13. McCain, Mark (October 30, 1988). "Commercial Property: The Grand Central Area; Landlords Set Up a Special Tax to Upgrade District". New York Times. pp. 10–37. Archived from the original on June 29, 2009. Retrieved June 20, 2009.
  14. "BCBG leases 14,000 s/f at 461 Fifth Avenue". Real Estate Weekly. Hagedorn Publication. March 7, 2007. Archived from the original on June 29, 2009. Retrieved June 20, 2009.
  15. "SL Green Realty Corp. Announces Agreement to Acquire 461 Fifth Avenue for $62.3 Million" (Press release). Business Wire. July 21, 2003.
  16. "461 Fifth Avenue, Manhattan, NY". SL Green Realty Corp. 2009. Archived from the original on June 28, 2009. Retrieved June 20, 2009.
  17. "About 461 Fifth Avenue". Red Hand, L.L.C. 2009. Archived from the original on June 28, 2009. Retrieved June 20, 2009.