461 Fifth Avenue

461 Fifth Avenue
General information
Type Office and retail
Location New York, NY
Coordinates 40°45′08″N 73°58′53″W / 40.7523°N 73.9815°WCoordinates: 40°45′08″N 73°58′53″W / 40.7523°N 73.9815°W
Construction started 1988
Completed 1989
Owner SL Green Realty
Height
Roof 376 ft (115 m)[1]
Technical details
Floor count 28
Floor area 200,000 square feet
Design and construction
Architect Skidmore, Owings & Merrill
Developer Mitsui Fudosan, London & New York Estates Corporation, and Colonial Property Group
References
website

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

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 461 Fifth Avenue building is noted for its use of modern materials, creating a stone-finish look, as well as its base-setback that is 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]

References

  1. ↑ "461 5th Avenue". Emporis.com. Retrieved 2009-06-20.
  2. ↑ "461 Fifth Avenue". skyscraperpage.com. Skyscraper Source Media Inc. 2009. Archived from the original on 29 June 2009. Retrieved 2009-06-20.
  3. ↑ Patriarch (1895-12-22). "Society". New York Times. p. 10. Archived from the original on 29 June 2009. Retrieved 2009-06-20.
  4. ↑ "The Assessed Valuation.; The Work of the Supervisors' Committee Yesterday.". New York Times. 1873-07-31. p. 6. Archived from the original on 29 June 2009. Retrieved 2009-06-20.
  5. ↑ "Recent Demolition of Windsor Arcade Calls Attention to Fifth Avenue Changes". New York Times. 1911-06-18. pp. REFB–XX1. Retrieved 2009-06-20.
  6. ↑ "Silk House Takes Broadway Floor.". New York Times. 1930-05-02. pp. RE–46. Retrieved 2009-06-20.
  7. ↑ "Store Alteration to Cost $200,000; Architects File Plans for New Home of Lane Bryant on Fifth Ave.". New York Times. 1945-11-08. pp. B&F36. Archived from the original on 29 June 2009. Retrieved 2009-06-20.
  8. ↑ McCain, Mark (1987-10-07). "Real Estate; 8 Blocks Of 5th Ave. Awakening". New York Times. pp. D26. Archived from the original on 29 June 2009. Retrieved 2009-06-20.
  9. ↑ 9.0 9.1 Fletcher, Tom. "461 Fifth Avenue Bldg". nyc-architecture.com. Archived from the original on 6 June 2009. Retrieved 2009-06-20.
  10. ↑ 10.0 10.1 Horsley, Carter B. "461 Fifth Avenue". The Midtown Book. The City Review. Archived from the original on 26 June 2009. Retrieved 2009-06-20.
  11. ↑ Lyons, Richard D. (1990-01-17). "Real Estate; A New Face For Stretch Of Fifth Ave.". New York Times. pp. D22. Archived from the original on 29 June 2009. Retrieved 2009-06-20.
  12. ↑ "461 5th Ave. 100% occupied with tenants such as the State Bank of South Australia.". Real Estate Weekly. Hagedorn Publication. 1992-12-02. Retrieved 2009-06-20.
  13. ↑ McCain, Mark (1988-10-30). "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 29 June 2009. Retrieved 2009-06-20.
  14. ↑ "BCBG leases 14,000 s/f at 461 Fifth Avenue.". Real Estate Weekly (Hagedorn Publication). 2007-03-07. Archived from the original on 29 June 2009. Retrieved 2009-06-20.
  15. ↑ Real Estate Writers (2003-07-21). "SL Green Realty Corp. Announces Agreement to Acquire 461 Fifth Avenue for $62.3 Million.". Business Wire. Archived from the original on 28 June 2009. Retrieved 2009-06-20.
  16. ↑ "461 Fifth Avenue, Manhattan, NY". SL Green Realty Corp. 2009. Archived from the original on 28 June 2009. Retrieved 2009-06-20.
  17. ↑ "About 461 Fifth Avenue". Red Hand, L.L.C. 2009. Archived from the original on 28 June 2009. Retrieved 2009-06-20.