The Real Deal New York

Revealed: Citigroup headquarters at 388-390 Greenwich Street

Transformation of the SL Green building is expected to take five years

March 31, 2015 01:30PM

Renderings of 388-390 Greenwich Street in Tribeca

Renderings of 388-390 Greenwich Street in Tribeca (credit: Citigroup via Tribeca Citizen)

New renderings of Citigroup’s planned headquarters at SL Green Realty’s 388-390 Greenwich Street on the Hudson River show that the buildings will be getting a curtain-walled makeover.

Citigroup is relocating its headquarters from 399 Park Avenue at East 53rd Street. In 2013, it signed a deal worth over $1 billion to renew its 2.7 million-square-foot lease in the building.

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Greenwich Street plaza

 

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388-390 Greenwich Street

A memo sent to employees last week included renderings of the new facility, which will integrate 388 and 390 into one building with a single lobby, a “town square,” a rooftop terrace, and a fitness center, the Tribeca Citizen reported. The building will also be LEED-certified.

Citigroup estimates that the transformation will be complete by 2019.

SL Green has full ownership of the building after buying out Ivanhoe Cambridge’s stake for $783 million last year. [Tribeca Citizen] — Tess Hofmann

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