75 Rockefeller Plaza

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75 Rockefeller Plaza
75 Rockefeller Plaza.jpg
75 Rockefeller Plaza
75 Rockefeller Plaza
Former namesAOL Time Warner Building (2001–2003), Time Warner Building (1990–2001), Warner Communications Building (1973–1990), Esso Building (1947–1973)
General information
StatusCompleted
TypeOffice
Address15 West 51st Street
Town or city New York City
Country United States
Construction startedJuly 1946
CompletedSeptember 1947
Owner Mohamed Al Fayed
Landlord RXR Realty
Height424 ft (129 m)
Technical details
MaterialSteel
Floor count33
Floor area578,237 sq ft (53,720.0 m2)
Lifts/elevators14 (12 passenger, 2 service)
Design and construction
Architect(s) Carson & Lundin; Wallace K. Harrison
DeveloperThe Rockefeller Group
References
[1]
Buildings of Rockefeller Center
75 Rockefeller Plaza

Buildings and structures in Rockefeller Center:
1
1 Rockefeller Plaza
2
10 Rockefeller Plaza
3
La Maison Francaise
4
British Empire Building
5
30 Rockefeller Plaza
6
International Building
7
50 Rockefeller Plaza
8
1230 Avenue of the Americas
9
Radio City Music Hall
10
1270 Avenue of the Americas
11
75 Rockefeller Plaza
12
600 Fifth Avenue
13
608 Fifth Avenue
14
1271 Avenue of the Americas
15
1251 Avenue of the Americas
16
1221 Avenue of the Americas
17
1211 Avenue of the Americas

75 Rockefeller Plaza is a skyscraper on the north side of 51st Street in New York City, originally built as a northern extension of Rockefeller Center.

Contents

History

In July 1944, the Rockefellers began planning a new 16-story tower to house the Standard Oil Company (Esso), which had outgrown its lease at the nearby 30 Rockefeller Plaza. [2] The structure was completed in 1947 in the early Modernist style. It was originally known as the Esso Building. At completion, the building was the tallest completely air-conditioned building in New York City and the first in Rockefeller Center. The building also housed Schrafft's Restaurant, which had a capacity of 1,283 people, making it the largest restaurant in the world at the time. [2] Standard Oil's successor, Exxon, moved to the newly built 1251 Avenue of the Americas in 1971.

In 1973, the heating, ventilation, and air‐conditioning systems in the building were replaced, along with some upgrades to the electrical systems. After these renovations, Warner Communications (later Time Warner) leased all 570,000 square feet (53,000 m2) of Exxon's former space, which led to the building becoming known as the Warner Communications Building. [3] Warner initially occupied only 340,000 square feet (32,000 m2) of space and subleased the rest to tenants including the Financial Times, Thomson-CSF, PBS, and The Economist. [4]

In December 1996, a fire at the TGI Fridays in the basement of the building led to a minor explosion in a top-floor equipment room, causing the building to be evacuated. [5] In 2012, Time Warner indicated that they would not be renewing their space in the building due to their move to Time Warner Center, which would leave the building virtually empty in 2014. [6]

After Time Warner vacated the space, Rockefeller Center's owners brought in RXR Realty by a $500 million, 99-year lease to manage the building's office space. [7] As part of the deal, RXR would spend $250 million to renovate the building in a plan designed by Kohn Pedersen Fox. The renovation included a new lobby, replacement of the elevator cabs, new mechanical, electrical, plumbing, and HVAC systems, and a complete façade restoration. [8]

Following the renovation, RXR secured Merrill Lynch Wealth Management as the anchor tenant in June 2016 with a 125,000 square feet (11,600 m2) lease. [9] The American Girl Store also signed a 2-story, 40,000 square feet (3,700 m2) lease to relocate its flagship store from nearby Fifth Avenue. [10] In August 2017, Austrian bank Erste Group signed a 14,000 square feet (1,300 m2) lease in the building for their New York outpost. [11] In October 2018, co-working startup Convene announced plans to open a 14,000 square feet (1,300 m2), invite-only "Club 75" on the 32nd floor with a library, dining space, lounge, and event space. [12]

Owners

The building is owned by Mohamed Al Fayed [13] and managed and leased by RXR Realty. [14]

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References

  1. "Time Warner Building". Skyscraper Center. Council on Tall Buildings and Urban Habitat. Retrieved January 10, 2017.
  2. 1 2 Landmark Designation New York City Landmarks Preservation Commission, 1985.
  3. Horsley, Carter (April 8, 1973). "Two Buildings Get A Major Overhaul At Rockefeller Center". The New York Times.
  4. "News of the Realty Trade". The New York Times. April 7, 1974.
  5. Stout, David (December 6, 1996). "Fire Empties Rockefeller Center Restaurant". The New York Times.
  6. "75 Rockefeller Plaza will need tenants, manager". The Real Deal. January 25, 2012.
  7. Sadovi, Maura (February 18, 2013). "RXR Bullish in Manhattan" . The Wall Street Journal .
  8. Barbarino, Al (January 24, 2013). "RXR Realty Signs 99-Year Lease at 75 Rockefeller Plaza". Commercial Observer.
  9. Cullen, Terence (June 20, 2016). "Merrill Lynch Wealth Management Taking 125K SF at RXR's 75 Rock". Commercial Observer.
  10. Cullen, Terence (May 17, 2016). "American Girl Headed to 40K SF in Rockefeller Center [Updated]". Commercial Observer.
  11. Voien, Guelda (August 9, 2017). "RXR Inks 14K-SF Lease With Austrian Bank At 75 Rockefeller Plaza". Commercial Observer.
  12. "RXR taps Convene to manage invite-only penthouse club at 75 Rock". The Real Deal. October 24, 2018.
  13. "75 Rockefeller Plaza - Time Warner Lease - Mohamed Al-Fayed". The Real Deal New York. January 25, 2012.
  14. Levitt, David M. (January 15, 2013). "RXR Said to Buy 99-Year Leasehold at 75 Rockefeller Plaza". Bloomberg News .

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