601 Lex becomes city’s youngest landmarked building

Boston Properties and Norges Bank own 1.6M sf Midtown East tower

New York /
Dec.December 08, 2016 11:00 AM

You don’t look a day over 39!

The former Citicorp Center at 601 Lexington Avenue is the city’s youngest landmark building after the Landmarks Preservation Commission put the Boston Properties and Norges Bank tower on a list of properties that now numbers 50 in the Midtown East area.

“The Citicorp Tower’s distinctive features make it one of the most recognizable skyscrapers in New York City,” the commission’s chair Meenakshi Srinivasan said in a statement. “Today we ensured that future generations will enjoy this irreplaceable part of our skyline.”

The Landmarks Preservation Commission two weeks ago voted unanimously to designate 11 Midtown East buildings including the Hampton Shops Building, Pershing Square and the Hotel Lexington – a priority for preservationists ahead of the neighborhood’s expected rezoning, Curbed reported.

Boston Properties purchased a controlling stake in the 1.6 million-square-foot tower from Citicorp in 2001 for $755 million. The REIT reached an agreement with Norges in 2014 to sell a 45 percent interest in the tower for $1.5 billion. Major tenants include the law firm Kirkland and Ellis, Citibank and the Blackstone Group TRData LogoTINY.

Hugh A. Subbins & Associates designed the 59-story building, which was constructed between 1973 and 1978. Its most distinctive features include its 45-degree roof and the four columns at its base that allow the tower to cantilever over the adjacent Saint Peter’s Church – a design feature that was a condition of the skyscraper’s development. [Curbed]Rich Bockmann


Related Articles

arrow_forward_ios
The Strand Bookstore and store owner Nancy Bass Wyden (Credit: Getty Images)
Over owner’s protests, city landmarks Strand bookstore
Over owner’s protests, city landmarks Strand bookstore
Revamped design for 550 Madison receives Landmarks’ approval
Revamped design for 550 Madison receives Landmarks’ approval
Revamped design for 550 Madison receives Landmarks’ approval
The Top 10 preservation fights of 2018
The Top 10 preservation fights of 2018
The Top 10 preservation fights of 2018
The Howard Hughes Corporation CEO David O'Reilly (LinkedIn via David O'Reilly)
Howard Hughes’ (slightly less) big Seaport project approved
Howard Hughes’ (slightly less) big Seaport project approved
Boston Properties CEO Owen Thomas (iStock, Thomas by Axel Dupeux)
Boston Properties to launch $2B joint venture
Boston Properties to launch $2B joint venture
An aerial of 341-347 Madison Avenue and Boston Properties CEO Owen D. Thomas (Google Maps, Real Estate Roundtable)
Boston Properties moves forward with teardown of ex-MTA HQ
Boston Properties moves forward with teardown of ex-MTA HQ
A rendering of 250 Water Street, Landmarks Preservation Commission chair Sarah Carroll and Howard Hughes Corporation CEO David O’Reilly (Center for Architecture, The Howard Hughes Corporation/SOM)
Howard Hughes told to further refine Seaport tower proposal
Howard Hughes told to further refine Seaport tower proposal
Howard Hughes Corporation CEO David O’Reilly and 250 Water Street (The Howard Hughes Corporation/SOM)
Critics look down on shorter 250 Water Street
Critics look down on shorter 250 Water Street
arrow_forward_ios

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

Loading...