245 Park Avenue
|245 Park Avenue|
|Owner||Brookfield Office Properties|
|Roof||648 ft (198 m)|
|Floor area||1,719,000 sq ft (159,700 m2)|
|Design and construction|
|Architect||Shreve, Lamb and Harmon|
|Developer||Uris 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. 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.
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.
- Angelo, Gordon & Co.
- Ares Management
- CCMP Capital
- Houlihan Lokey
- Major League Baseball
- National Australia Bank
- Norinchukin Bank
- J.P. Morgan Chase
- Piper Jaffray
- Icon Group
- Societe Generale
- Sytes International IPR Law
- Vestar Capital Partners
- Intercapital Partners Ltd.
- Carlyle Entertainment Ltd.
- "245 Park Avenue". Brookfield Office Properties. Retrieved March 16, 2015.
- "245 Park Avenue". Emporis.com. Retrieved July 22, 2012.
- Dunlap, David W. (December 18, 2012). "When Trade Shows Were Both Central and Grand". New York Times. Retrieved 26 June 2013.
- "China's HNA Is Buying a NYC Office Tower for $2.21 Billion". Bloomberg.com. 2017-03-20. Retrieved 2017-03-21.