| Bulding Address: | 650 Fifth Ave, New York NY 10019 |
| Building Alternate address: | 650 5th Ave |
| Zip Code: | 10019 |
| Neighborhood: | Plaza District |
| Borough: | Manhattan |
| Stories: | 36 |
| Year Built: | 1979 |
| Building Class: | A |
| Block & lot: | 01267-0041 |
650 Fifth Avenue, located in Midtown Manhattan, New York City, is a significant office tower with a rich history. The building was completed in 1979 and was designed by John Carl Warnecke & Associates for the Pahlavi Foundation, a nonprofit organization based in Iran.
Originally known as the Piaget Building, it underwent renovations in 2012, which included a redesigned lobby, new outdoor esplanade, new elevators, and new bathrooms. The renovations were handled by architects at Swanke Hayden Connell, with an investment of $11 million by the CBRE Group. An additional $2 million was spent to retrofit the central chilled water plant, enhancing energy efficiency and tenant comfort.
The building is currently owned by the Alavi Foundation, which holds a 60% stake, with the remaining 40% owned by Assa Corp. However, there have been legal disputes regarding its ownership and alleged ties to the Iranian government. The Alavi Foundation was founded by the Shah of Iran to support Iranian-American cultural and educational programs.
650 Fifth Avenue offers approximately 390,000 square feet of Class A office space and over 90,000 square feet of retail space. It stands as a 36-story structure, making it a prominent landmark in the Plaza District of Manhattan.
650 Fifth Avenue, located in Midtown Manhattan, New York City, is a 36-story building that stands at 150 meters (490 feet) tall. It is situated at the intersection of Fifth Avenue and 52nd Street. The building was originally known as the Piaget Building and the Pahlavi Foundation Building. Designed by John Carl Warnecke & Associates, it was completed in 1979 for the Pahlavi Foundation, an organization linked to the Shah of Iran. After the Iranian Revolution, the building's ownership was transferred to the Alavi Foundation. The building offers approximately 390,000 square feet of Class A office space and over 90,000 square feet of retail space. It has undergone significant renovations, including a major upgrade in 2012. The location is highly prestigious, being close to Rockefeller Center and offering easy access to major public transportation hubs like Grand Central Terminal and the Port Authority.
650 Fifth Avenue offers a range of amenities, including:
- Tenant Lounge: A modern space for relaxation and networking.
- Conferencing Facility: State-of-the-art meeting rooms for presentations and discussions.
- Phone Booths: Private areas for making calls.
- Engaging Tenant Events: Regular gatherings to foster community among tenants.
- Building App: A convenient tool for managing building services from your mobile device.
- Micro-Kitchens and Pantry Spaces: Modern facilities for food preparation and socializing.
- 24-Hour Access: Secure entry available at all times.
- 24-Hour Security: Manned security for enhanced safety.
- Sustainability Initiatives: Green practices and eco-friendly operations.
650 Fifth Avenue in Manhattan, NYC, is home to several notable office tenants. These include:
- Delta National Bank
- TGM Associates
- Argo Infrastructure Partners
- Integrated Media
- Citigroup
- Starwood Hotels & Resorts
- Round Hill Music
The building also features a retail space occupied by Nike.
650 Fifth Avenue in Manhattan, NYC, offers access to several top internet providers, ensuring fast and reliable connectivity for its residents and businesses.
Verizon Fios is a leading choice, providing high-speed fiber-optic internet with speeds up to 2 Gbps. It is known for its excellent customer service and competitive pricing, starting at $49.99 per month.
Astound Broadband Powered by RCN offers both cable and fiber services, with plans starting at $20 per month. It provides unlimited data usage and is a cost-effective option for high-speed internet.
Spectrum is another prominent provider, offering cable internet with speeds up to 1 Gbps. Spectrum's plans start at $50 per month and are popular for bundling with TV and phone services.
650 Fifth Avenue in Manhattan, NYC, offers convenient access to various transportation options:
- Subway: Lines B, E, M, 6, and 6X are nearby.
- Bus: Routes BM2, BXM4, M101, M42, M50, and others stop nearby.
- Train: Grand Central Madison is a 6-minute walk away, with access to the Babylon Branch, Harlem, and more.
Cross streets include 51st Street and 52nd Street.