245 Park Avenue

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245 Park Avenue
General information
Coordinates40°45′18″N 73°58′30″W / 40.754885°N 73.974871°W / 40.754885; -73.974871
OwnerBrookfield Office Properties
Roof648 ft (198 m)
Technical details
Floor count48
Floor area1,719,000 sq ft (159,700 m2)[1]
Design and construction
ArchitectShreve, Lamb and Harmon
DeveloperUris Buildings Corporation

245 Park Avenue (formerly American Tobacco Company Building, American Brands Building and Bear Stearns Building) is a 648-ft (198 m) tall skyscraper in New York City, New York. It was completed in 1967 and has 48 floors (1.7 million square feet). Shreve, Lamb and Harmon designed the building. The Building Owners and Managers Association awarded the 2000/2001 Pinnacle Award to 245 Park Avenue.[2] The site used to be occupied by the second Grand Central Palace exhibition hall, which was demolished in 1964 to make way for 245 Park Avenue.[3]

On March 20, 2017, it was announced Chinese conglomerate HNA Group Co, is leading a deal to acquire the building for $2.21 billion, one of the highest prices ever paid for a New York skyscraper.[4]


See also[edit]


  1. ^ "245 Park Avenue". Brookfield Office Properties. Retrieved March 16, 2015.
  2. ^ "245 Park Avenue". Emporis.com. Retrieved July 22, 2012.
  3. ^ Dunlap, David W. (December 18, 2012). "When Trade Shows Were Both Central and Grand". New York Times. Retrieved 26 June 2013.
  4. ^ "China's HNA Is Buying a NYC Office Tower for $2.21 Billion". Bloomberg.com. 2017-03-20. Retrieved 2017-03-21.

External links[edit]