Morgan Stanley Building

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The Morgan Stanley Building
1585 Broadway
Morgan-stanley-building.jpg
General information
Location 1585 Broadway, between 47th and 48th Streets
Coordinates 40°45′37.39″N 73°59′8.44″W / 40.7603861°N 73.9856778°W / 40.7603861; -73.9856778Coordinates: 40°45′37.39″N 73°59′8.44″W / 40.7603861°N 73.9856778°W / 40.7603861; -73.9856778
Current tenants Morgan Stanley
Construction started 1989
Completed 1990
Owner Morgan Stanley
Height
Roof 685 ft (209 m)
Technical details
Floor count 42
Floor area 1.3 million square feet (121,000 m2)[1][2]
Design and construction
Architect Emery Roth & Sons, Gwathmey, Siegel & Associates
Structural engineer WSP Cantor Seinuk
Main contractor Starrett Brothers and Eken
References
[3]

1585 Broadway is the headquarters of Morgan Stanley, on the west side of Broadway, north of Duffy Square in Midtown Manhattan, New York City.

History[edit]

Even before 1585 Broadway began to rise over Duffy Square, its developer, David S. Solomon, had signed law firm Proskauer Rose to a 20-year lease for 365,000 square feet (33,900 square meters). A notable achievement at any time, the deal was a milestone in a market where a growing number of new buildings were competing heavily for a shrinking number of tenants.

In December 1991, the original developer, 1585 Broadway Associates, controlled by Solomon, filed for bankruptcy, leaving unfinished building construction, stalled leasing, and strained tenant relationships.

A consortium of banks then gained control of the asset through the bankruptcy process and hired Hines Interests Limited Partnership to manage the property.

Morgan Stanley bought the building for $176 million in August 1993 and moved in two years later.[4] Currently, it uses the building as its world headquarters.[5]

The building is featured in the movie Down to Earth as the skyscraper from which a failing businessman jumps to his death.

Law & Order: Criminal Intent also uses it at the beginning of the opening theme post season 7. Law & Order: Trial By Jury also used it before its cancellation. The building was featured in Beck's music video for his 1996 single" Devil's Haircut" in which he is dancing on the screen while tax market prices go by.

See also[edit]

Awards[edit]

References[edit]

  1. ^ Dunlap, David W. (1992-01-19). "1585 Broadway; Tracing the Path From Leasing Coup to Bankruptcy". New York Times. Retrieved 2009-09-04. 
  2. ^ Morgan Stanley World Headquarters - SkyscraperPage.com
  3. ^ Morgan Stanley Building at Emporis
  4. ^ Mcdowell, Edwin (2000-08-23). "Commercial Real Estate; Law Firm Is No Longer Lonely in Refurbished Tower on Times Square". The New York Times. Retrieved 2007-12-25. 
  5. ^ "Morgan Stanley in United States". Morgan Stanley Website. Retrieved 2007-12-19. 

External links[edit]

Media related to Morgan Stanley Building at Wikimedia Commons