| Building 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.
Office Tenants Rented / Leased 650 Fifth Avenue- NH Bank leased 6,000 SF
- Metropolitan Real Estate leased 11,289 SF
- TGM Associates leased 11,280 SF
- Cortview Capital Securities leased 10,793 SF
- Cabrera Capital Markets LLC leased 10,799 SF
- JA Apparel leased 15,489 SF
- Kurt Salmon Associates leased 10,877 SF
- Ore Hill Partners LLC leased 10,304 SF
- Williams & Connolly LLP leased 3,161 SF
- Levine Lee LLP leased 10,304 SF
Nearby Office Tenants Leased- Boston Consulting Group leased 193,295 SF at 10 Hudson Yards
- Yext leased 58,194 SF at 1 Madison Ave
- Phoenix Constructors leased 55,000 SF at 100 Broadway
- SourceMedia leased 42,460 SF at 1 Whitehall St
- Translation leased 35,000 SF at 10 Jay Street
- Social Science Research Council leased 25,000 SF at 1 Pierrepont Plaza
- Consulate General of the Kingdom of the Netherlands leased 17,000 SF at 1 Rockefeller Plaza
- AM Investments leased 9,000 SF at 1 Liberty Plz
- Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
- SMEG USA leased 2,713 SF at 10 Rockefeller Plaza
Nearby Retail Tenants Leased- Life Time leased 74,000 SF at 1 Wall Street
- Burger & Lobster leased 8,900 SF at 1 Bryant Park
- Eddie Bauer leased 7,400 SF at 100 Fifth Ave
- The Anne Frank Center leased 2,500 SF at 100 Church St
- Clean Table leased 2,000 SF at 101 Seventh Avenue
- Sweetgreen leased 2,000 SF at 10 Hudson Yards
- Duane Reade leased 1,888 SF at 100 Broadway
- Gregory's Coffee leased 1,100 SF at 100 Wall St
- Choza Taqueria leased 1,000 SF at 100 Park Ave
- The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza
