Morgan Stanley Building

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Brief Synopsis[edit]

The Morgan Stanley Building
1585 Broadway
Morgan-stanley-building.jpg
General information
Type Highrise [1] [2]
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)[3][4]
Design and construction
Architect Emery Roth & Sons, Gwathmey, Siegel & Associates
Structural engineer WSP Cantor Seinuk
Main contractor Starrett Brothers and Eken
References
[5]

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.[6] Currently, it uses the building as its world headquarters.[7]

In Culture[edit]

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.

1585 Broadway was also featured in New York City's Perspective Real Estate Magazine, relating to a high profile, Crane Rig performed by Brothers & Company, Inc. Master Riggers. [8]

Management and Engineering[edit]

All of Morgan Stanley's properties are currently managed by Hines Interests. [9] DataComm management is jointly tasked between Morgan Stanley's IT unit referred to as "Morgan Stanley - Critical Systems" as well as Hines Interests. [10] As of 1994 The building's peak electrical demand was 9,288kW. This excludes the loads brought on by Morgan Stanley's tenants.

2 floors of 1585 Broadway are reserved strictly for building operations, both of which can be observed from the exterior of the building by noticing it's lack of windows.

  • The seventh floor (Referred to as 7M) contains the building's fleet of 7 Mitsubishi 2000kW generators reserved for building operations, as well as a separate generator manufactured by Caterpillar Inc. which is reserved for the building's life safety system. The 7th floor also houses the building's 3 electric chillers (2) 1,400 ton chillers, as well as (1) 1,200 ton chiller. Morgan Stanley site control is also contained on the 7th floor. This site operations command center monitors conditions of all of Morgan Stanley's properties.
  • The Eighteenth Floor houses two 300-ton chillers, one 750-ton chiller, as well as a 800 ton backup reserve chiller. These chillers are reserved for the building's critical loads.[11]
  • The building contains various UPS systems ( see Uninterruptible power supply ) throughout the facility, strategically located according to the locations of critical loads such as, Trading Floors, Data Centers, and DataComm rooms.
  • Morgan Stanley typically conducts an annual test, as well as preventative maintenance of all the building's Mechanical, and Electrical components in January. During this 12-24 hour period, the building is completely dark, including its retail tenants as well as it's prominent Scrolling Stock Quote Ticker. During this time, another Morgan Stanley Site will operate as its Building Management Command.

Awards[edit]

See also[edit]

References[edit]

  1. ^ http://skyscraperpage.com/cities/?buildingID=311
  2. ^ http://en.wikipedia.org/wiki/List_of_tallest_buildings_in_New_York_City
  3. ^ Dunlap, David W. (1992-01-19). "1585 Broadway; Tracing the Path From Leasing Coup to Bankruptcy". New York Times. Retrieved 2009-09-04. 
  4. ^ Morgan Stanley World Headquarters - SkyscraperPage.com
  5. ^ Morgan Stanley Building at Emporis
  6. ^ 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. 
  7. ^ "Morgan Stanley in United States". Morgan Stanley Website. Retrieved 2007-12-19. 
  8. ^ http://www.perspectiverem.com/indexsecondarybrothers.html
  9. ^ http://www.go-sbs.com/work-corporate-hinesretro.htm
  10. ^ http://www.go-sbs.com/work-corporate-hinesretro.htm
  11. ^ http://www.go-sbs.com/work-corporate-hinesretro.htm

External links[edit]

Media related to Morgan Stanley Building at Wikimedia Commons