- Morgan Stanley Building
-
The Morgan Stanley Building 1585 Broadway 
General information Location 1585 Broadway, between 47th and 48th Streets Coordinates 40°45′37.39″N 73°59′8.44″W / 40.7603861°N 73.9856778°WCoordinates: 40°45′37.39″N 73°59′8.44″W / 40.7603861°N 73.9856778°W 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.
Contents
History
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.
See also
Awards
- BOMA Award, 1998
- BOMA Award, 1997
References
- ^ Dunlap, David W. (1992-01-19). "1585 Broadway; Tracing the Path From Leasing Coup to Bankruptcy". New York Times. http://www.nytimes.com/1992/01/19/realestate/commercial-property-1585-broadway-tracing-path-leasing-coup-bankruptcy.html. Retrieved 2009-09-04.
- ^ Morgan Stanley World Headquarters - SkyscraperPage.com
- ^ Morgan Stanley Building at Emporis
- ^ Mcdowell, Edwin (2000-08-23). "Commercial Real Estate; Law Firm Is No Longer Lonely in Refurbished Tower on Times Square". The New York Times. http://query.nytimes.com/gst/fullpage.html?res=9E02E3DC1631F930A1575BC0A9669C8B63. Retrieved 2007-12-25.
- ^ "Morgan Stanley in United States". Morgan Stanley Website. http://www.morganstanley.com/about/offices/usa.html. Retrieved 2007-12-19.
External links
Media related to Morgan Stanley Building at Wikimedia CommonsCategories:- Buildings and structures completed in 1990
- Skyscrapers in New York City
- Times Square
- Office buildings in Manhattan
- Skyscrapers between 200 and 249 meters
- Emery Roth buildings
Wikimedia Foundation. 2010.
