| Bulding Address: | 425 Park Avenue, New York NY 10022 |
| Building Alternate address: | 425 Park Ave |
| Zip Code: | 10022 |
| Neighborhood: | Chelsea |
| Borough: | Manhattan |
| Stories: | 43 |
| Year Built: | 1916 |
| Building Class: | A |
425 Park Avenue, located in Manhattan, NYC, has a rich history dating back to its original construction between 1954 and 1957. Designed by Kahn & Jacobs, it was a pioneering example of modernist architecture on Park Avenue, known for its clean vertical lines and minimalist style. The building was part of a larger transformation of Park Avenue, which had previously been known as Fourth Avenue and was heavily influenced by the New York and Harlem Railroad.
The original 30-story, 388-foot-high building was a significant structure, but it underwent a major redevelopment starting in 2012. Led by L&L Holdings and designed by Foster + Partners, the new 47-story, 893-foot-tall tower was completed to set new standards for modern office spaces. It features a triple-height lobby, green spaces, and a penthouse floor, earning LEED Gold and Well Core certifications.
This redevelopment marked a significant revival of Midtown Manhattan, following in the footsteps of other modern complexes like Hudson Yards and One Vanderbilt. The building's completion and high-profile tenants like Citadel have symbolized the area's resurgence.
425 Park Avenue is a prominent office building in Manhattan, NYC. It is the first full-block office development on Park Avenue in nearly 50 years, located in the heart of the Plaza District.
Designed by Foster + Partners, this 47-story tower features a triple-height lobby, external green spaces, and a penthouse floor. The building is built to LEED Gold standards and has achieved Well Core certification at the Gold level.
It offers approximately 670,000 rentable square feet with floor-to-ceiling glass and views of Central Park. The building was completed in October 2022.
425 Park Avenue, a modernist icon in Manhattan, offers a range of premium amenities:
- Triple-Height Lobby: A grand entrance that sets the tone for a premium work environment.
- Private Garage: A 52-space garage with a chauffeur lounge, providing convenience and style.
- Exclusive Dining: A two-floor restaurant by Chef Jean-Georges Vongerichten, offering culinary excellence.
- The Diagrid Club: A collaborative space with top-notch food and beverage options, featuring an art installation by Yayoi Kusama and private meditation rooms.
- Relaxation Areas: Indoor and outdoor gardens for serene spots to unwind and socialize.
- External Green Spaces: Expansive outdoor areas enhancing the building's appeal.
- Expansive Social Amenity Level: Designed to foster community and well-being among tenants.
- 38-Foot-Tall Penthouse Floor: Offering stunning views and a unique work environment.
425 Park Avenue in Manhattan, NYC, is home to several prominent office tenants. The building is approximately 85% leased, with major tenants including:
- Citadel: Occupies 415,000 square feet, paying a record $300 per square foot for the top floors.
- Wafra Capital Partners: A Kuwaiti investment firm.
- Maverick Capital: A hedge fund led by Lee Ainslie.
- Hellman & Friedman: A private equity firm.
- GTCR: Another prominent private equity firm.
Internet providers available at 425 Park Avenue, Manhattan, NYC, include:
- Verizon Fios: Known for its fast, symmetrical fiber-optic speeds and competitive pricing.
- Spectrum: Offers fast internet speeds with cable services, ideal for bundling with TV.
- Optimum: Provides high-speed internet with plans reaching up to 8,000 Mbps in select areas.
- Astound Broadband: Offers affordable high-speed internet plans.
425 Park Avenue, Manhattan, NYC is a prominent location with convenient transportation options.
Nearest Subway Stations:
- 51st Street Station (4, 6 trains)
- Lexington Avenue – 53rd Street Station (E, M trains)
Cross Streets:
- East 55th Street
- East 56th Street
Public Transportation:
- Subway: 4, 6, E, M trains
- Bus: M1, M2, M3, M4, Q32
