| The Morgan Stanley Building | |
|---|---|
| 1585 Broadway | |
| General information | |
| Location | 1585 Broadway, between 47th and 48th Streets |
| Coordinates | |
| Current tenants | Morgan Stanley |
| Construction started | 1989 |
| Completed | 1990 |
| Height | |
| Roof | 685 ft (209 m) |
| Technical details | |
| Floor count | 42 |
| Floor area | 1.3 million square feet (121,000 m2)[1][2] |
| Design and construction | |
| Owner | Morgan Stanley |
| Main contractor | Starrett Brothers and Eken |
| Architect | Emery Roth & Sons, Gwathmey, Siegel & Associates |
| Structural engineer | WSP Cantor Seinuk |
| References | |
| [3] | |
1585 Broadway is the headquarters of Morgan Stanley, on the west side of Broadway, north of Duffy Square in Midtown Manhattan.
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Even before 1585 Broadway began to rise over Duffy Square, its developer, David S. Solomon, had signed law firm Proskauer Rose to a 20-year lease for 365,000 square feet (33,900 square meters). A notable achievement at any time, the deal was a milestone in a market where a growing number of new buildings were competing heavily for a shrinking number of tenants.
In December 1991, the original developer, 1585 Broadway Associates, controlled by Solomon, filed for bankruptcy, leaving unfinished building construction, stalled leasing, and strained tenant relationships.
A consortium of banks then gained control of the asset through the bankruptcy process and hired Hines Interests Limited Partnership to manage the property.
Morgan Stanley bought the building for $176 million in August 1993 and moved in two years later.[4] Currently, it uses the building as its world headquarters.[5]
The building is featured in the movie Down to Earth as the skyscraper from which a failing businessman jumps to his death.
Media related to [//commons.wikimedia.org/wiki/Category:Morgan_Stanley_Building Morgan Stanley Building] at Wikimedia Commons