Developers bring lobbies back to limelight

New York /
Sep.September 23, 2013 10:47 AM

Office lobbies, seen in recent times by New York City architects as an afterthought, are making a design comeback as landlords such as Vornado Realty Trust and the Durst Organization recognize the value of creating a powerful first impression on prospective tenants.

To be sure, the city is home to magnificent lobbies such as those at the Woolworth Building and the Chrysler Building. But in later years, the “importance of design was forgotten except in the premier buildings like Seagram,” Andrew Dolkart, a professor at the Columbia University Graduate School of Architecture, told the Wall Street Journal.

Now, with projects such as Vornado’s 1290 Avenue of the Americas, lobby design is coming back into the limelight, according to Dan Shannon, a principal at Moed de Armas & Shannon Architects, which specializes in lobby design and is in charge of the Vornado project.

And the lobby is also becoming a point of pride in new development projects such as the Durst Organization’s One Bryant Park and Silverstein Properties’ 4 World Trade Center, according to the newspaper. At 4 World Trade Center for example, Pritzker Prize-winning architect Fumihiko Maki has designed a two-floor glass atrium leading to three wood-lined corridors showcasing video art.

Post the financial crisis, residential condominium developers have paid greater attention to lobbies, as The Real Deal reported. [WSJ]Hiten Samtani


Related Articles

arrow_forward_ios
Vornado's Steve Roth and 220 Central Park South (Credit: Getty Images, iStock)

Free and clear: Vornado pays off debt at 220 CPS

Free and clear: Vornado pays off debt at 220 CPS
Vornado chairman and CEO Steven Roth, and 608 Fifth Avenue (Credit: Getty Images)

“Negative surprises”: Vornado execs talk retail struggles on Q2 earnings call

“Negative surprises”: Vornado execs talk retail struggles on Q2 earnings call
Steven Roth, CEO of Vornado and 640 Fifth Avenue (Credit: Getty Images and Vornado Realty Trust)

Bank of China issues $500M to Vornado in refi of 640 Fifth Avenue

Bank of China issues $500M to Vornado in refi of 640 Fifth Avenue
Inside the $1.6B Moynihan Train Hall redevelopment

Inside the $1.6B Moynihan Train Hall redevelopment

Inside the $1.6B Moynihan Train Hall redevelopment
One Manhattan West, Grace Building and St. John's Terminal nabbed the largest loans in NYC in 2020. (Brookfield Property Partners, SHVO)

NYC’s biggest real estate finance deals of 2020

NYC’s biggest real estate finance deals of 2020
Vornado's Steven Roth and 1605 Broadway (Google Maps)

Argent Ventures buying Vornado’s Times Square hotel debt at deep discount

Argent Ventures buying Vornado’s Times Square hotel debt at deep discount
A long road ahead for office landlords

A long road ahead for office landlords

A long road ahead for office landlords
Robert Herjavec and 24400 Little Valley Rd (Getty, Redfin)

“Shark Tank” investor looks to flip Los Angeles mansion

“Shark Tank” investor looks to flip Los Angeles mansion
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...