299 Park Avenue - Misplaced Pages

Skyscraper in Manhattan, New York

299 Park Avenue


General information
Status	Completed
Type	Commercial/Office
Location	299 Park Avenue Manhattan, NY 10171 U.S.
Coordinates	40°45′22″N 73°58′28″W / 40.756173°N 73.974493°W / 40.756173; -73.974493
Construction started	1965
Opening	1967
Owner	Fisher Brothers (50.5%) Rockpoint Group (49.5%)
Height
Roof	574 ft (175 m)
Top floor	537 ft (163.6 m)
Technical details
Floor count	42
Design and construction
Architect(s)	Emery Roth & Sons
Developer	Fisher Brothers

299 Park Avenue is an office building on Park Avenue between 48th and 49th streets in the Midtown neighborhood of Manhattan in New York City.

History

Designed in the International Style by Emery Roth & Sons, the building was opened in 1967. It has 42 stories and is approximately 175 m (574 ft) tall. 299 Park is a black skyscraper with alternating shiny and matte thin stainless steel mullions emphasizing its height. The building contains approximately 1.2 million square feet (110,000 m) of space. The building is assigned its own ZIP Code, 10171; it was one of 41 buildings in Manhattan that had their own ZIP Codes as of 2019.

The site on the east side of Park Avenue, between 48th and 49th Street, was formerly occupied by the original Park Lane Hotel. The building was originally constructed over the primary rail tracks for the New York Central Railroad's Park Avenue main line, which made the building's construction and engineering highly complicated. The foundation of the building was constructed through "ladder tracks", two layers of railroad tracks, not in platform position. The construction was completed without interfering with the operation of the railroad. In 1980 and then again in 1981, the building suffered damage from large fires—the 1980 fire caused injuries to 125 firefighters.

For much of its history, the building was commonly referred to as the Westvaco Building and was the headquarters of Westvaco. Westvaco's paper mills are part of Smurfit Westrock. The building was also the home of law firm Debevoise, Plimpton, Lyons & Gates prior to leaving the building in 1983.

Since its construction, 299 Park has majority owned and controlled by Fisher Brothers, a real estate investment group, that developed the site in the 1960s. Fisher Brothers occupies the top two floors of the building for its headquarters. Prior to the 2007–2008 financial crisis, UBS had owned a 49.5% interest in the building. The bank began an auction for its minority interest in the building in 2009 and sold its interest for $335 million in early 2010, implying a total valuation of just over $675 million. The buyer was Rockpoint Investments, a real estate investment firm. UBS also sublet a portion of its space in the building in 2009.

Tenants

References

^ "299 Park Avenue". Archived from the original on September 27, 2011. Retrieved August 9, 2010.
^ "UBS sells stake at 299 Park Avenue". Real Estate Weekly, January 8, 2010.
Brown, Nicole (March 18, 2019). "Why do some buildings have their own ZIP codes? NYCurious". amNewYork. Retrieved July 8, 2022.
"Skyscraper to Replace The Park Lane Hotel". The New York Times. July 8, 1965. ISSN 0362-4331. Retrieved March 20, 2023.
^ "A Fire Causes Damage IN PARK AVE. SKYSCRAPER; In Park Ave. Skyscraper". The New York Times, April 6, 1981
Realty News. The New York Times, January 10, 1982.
"Larry Fisher, 93, Developer and Philanthropist". The New York Times, February 7, 2001.
"UBS Sells 299 Park Avenue". Haute Living Magazine, January 11, 2010.
"UBS sublets space at 299 Park Avenue amid $1.3B loss" Archived February 11, 2010, at the Wayback Machine. The Real Deal, August 4, 2009.

Midtown (42nd–59th Streets)

Manhattan, New York City

Buildings

West of
5th Av

Rockefeller Center	1 Rockefeller Plz 10 Rockefeller Plz 30 Rockefeller Plz 50 Rockefeller Plz 75 Rockefeller Plz 1211 6th Av 1221 6th Av 1251 6th Av 1271 6th Av British Empire Building International Building La Maison Francaise
Times Square	1 Astor Plz 1 Times Sq 3 Times Sq 4 Times Sq 11 Times Sq 20 Times Sq 229 W 43rd St 255 W 43rd St 1500 Broadway 1501 Broadway 1540 Broadway 1552 Broadway 1585 Broadway TSX Broadway

East of
5th Av

Former

Theaters

Broadway theaters	Ambassador August Wilson Belasco Bernard B. Jacobs Booth Broadhurst Broadway Circle in the Square Ethel Barrymore Eugene O'Neill Gerald Schoenfeld Gershwin Hayes Hudson Imperial James Earl Jones John Golden Lena Horne Longacre Lunt-Fontanne Lyceum Lyric Majestic Marquis Minskoff Music Box Neil Simon Palace Richard Rodgers St. James Samuel J. Friedman Shubert Stephen Sondheim Studio 54 Todd Haimes Walter Kerr Winter Garden
Other venues	55th Street Playhouse Carnegie Hall Ed Sullivan Theater The ImaginAsian New Victory Theater New York City Center Paris Theater Radio City Music Hall Sony Hall The Theater Center The Town Hall York Theatre
Closed/demolished	44th Street 48th Street Apollo Center Capitol Earl Carroll Edison Embassy Fulton George M. Cohan's Loew's State Lyric New Century Olympia Roxy Strand Times Square Victoria Ziegfeld (1927) Ziegfeld (1969)

Hotels

Current

Former

Other points of interest

Restaurants/ nightlife	21 Club 54 Below Alto Anthos Aureole Burger Heaven Le Bernardin Cafe Chambord Campbell Apartment La Caravelle Caviar Russe Del Pezzo Restaurant Ellen's Stardust Diner Four Twenty Five Gabriel Kreuther Gallagher's Steakhouse Grand Central Oyster Bar & Restaurant La Grenouille Iridium Jazz Club Le Jardinier King Cole Bar Kurumazushi Latin Quarter Lespinasse Marea Naro The Pool and the Grill Oceana The Original Soupman P. J. Clarke's Patsy's Le Pavillon Prime Burger The Quilted Giraffe Rainbow Room Restaurant Aquavit Rumpelmayer's Russian Tea Room Sardi's Satsuki Shun Lee Palace Stage Deli The Campbell
Museums/ cultural centers	Austrian Cultural Forum New York Girl Scout Museum and Archives John M. Mossman Lock Museum Korean Cultural Center New York Madame Tussauds New York Museum of Arts and Design Museum of Broadway Museum of Modern Art New York Transit Museum Paley Center for Media Rose Museum Spyscape
Stores	Argosy Book Store Gotham Book Mart
Clubhouses	American Fine Arts Society The Brook Century Association Cornell Club of New York Harvard Club of New York City New York Athletic Club New York City Bar Association New York Friars Club New York Yacht Club Penn Club of New York Racquet and Tennis Club University Club of New York Women's National Republican Club Yale Club of New York City
Clubhouses (former)	Princeton Club of New York
Green spaces	Abby Aldrich Rockefeller Sculpture Garden Central Park Grand Army Plaza Greenacre Park Paley Park
Educational institutions	53rd Street Library Circle in the Square Theatre School CUNY School of Labor and Urban Studies High School of Performing Arts Jacqueline Kennedy Onassis High School for International Careers Saint Thomas Choir School SUNY College of Optometry
Art galleries	Galerie St. Etienne Rehs Galleries

Transportation

Subway stations	Fifth Avenue/53rd Street Fifth Avenue–59th Street Seventh Avenue 42nd Street–Bryant Park/Fifth Avenue 42nd Street–Port Authority Bus Terminal 47th–50th Streets–Rockefeller Center 49th Street 50th Street 50th Street 57th Street–Seventh Avenue 57th Street 59th Street–Columbus Circle Grand Central–42nd Street Lexington Avenue/51st Street Lexington Avenue/59th Street Times Square–42nd Street
Railroad stations	Grand Central Madison Grand Central Terminal
Streets and intersections	Third Avenue Fifth Avenue Sixth Avenue Six and a Half Avenue Seventh Avenue Eighth Avenue 42nd 47th 50th 51st 52nd 53rd 54th 55th 57th 59th Broadway Columbus Circle Duffy Square Grand Army Plaza George Abbott Way Lexington Avenue Madison Avenue Park Avenue Park Avenue Viaduct Pershing Square Shubert Alley Times Square Vanderbilt Avenue

Related topics
Billionaires' Row Little Brazil Midtown South Minnesota Strip

See also: Manhattan Community Board 5

Structures on Park Avenue in Manhattan

Below 32nd Street

32nd–59th Streets

Above 59th Street

Transportation

Subway stations	18th Street (former) 23rd Street 28th Street 33rd Street Grand Central–42nd Street
Railroad stations	Grand Central Terminal Grand Central Madison 59th Street (unused) 72nd Street (former) 86th Street (former) 110th Street (former) Harlem–125th Street
Bridges and tunnels	Subway tunnel (14th–42nd) Road tunnel (30th–42nd) Road viaduct (40th–46th) Railroad tunnel and viaduct Railroad bridge

Former/unbuilt

Categories: