Five Manhattan West

Five Manhattan West
5 Manhattan West in 2019
Map
General information
StatusCompleted
TypeOffice and Retail
Address450 West 33rd Street
Coordinates40°45′11″N 73°59′58″W / 40.75306°N 73.99944°W / 40.75306; -73.99944
Completed1969; 55 years ago (1969)
Height
Roof995 ft (303 m)[1]
Technical details
Floor area1,800,000 square feet (170,000 m2)
Design and construction
Architect(s)Davis Brody Bond
DeveloperBrookfield Properties
Qatar Investment Authority
EngineerCosentini Associates
Structural engineerSkidmore, Owings and Merrill
Main contractorAECOM Tishman Construction
The building before the exterior renovations in 2014.

Five Manhattan West is a 16-story building at 450 West 33rd Street in Hudson Yards, Manhattan, New York City.[2] Previously known as Westyard Distribution Center,[3] it was designed by Davis Brody Bond and opened in 1969.[4][5]

The building sits above rail tracks running west from Penn Station. The portals of the North River Tunnels and Empire Connection are beneath the building.[6]

History

The building opened in 1969.[4] It is 16 stories tall[7] and covers about 1.8 million square feet (170,000 m2).[8] In the 1980s, the external structure was painted beige and brown metal siding was added.[9][7] In 2003, cosmetic work was done to the precast concrete facade.[10]

Brookfield Properties acquired the property in 2011.[9] In 2014, Brookfield began a $300 million project to replace the brutalist architecture concrete exterior with a glass facade and replace the interior and mechanical systems.[11] The design work was done by REX.[9] When renovation of the building was completed in 2017, it was renamed 5 Manhattan West.[6] In April 2018, Brookfield obtained a $1.15 billion mortgage loan secured by the building.[12]

Tenants

  • The New York Daily News moved to the building in 1995 from its former headquarters at the Daily News Building.[13]
  • DoubleClick was a tenant from 1999 to 2003.[14]
  • The Associated Press moved to the building from its former headquarters at Rockefeller Center in 2004;[15] it vacated in 2017.[9]
  • R/GA signed a lease to occupy 173,000 square feet in August 2014.[16]
  • Markit signed a lease to occupy 140,000 square feet in March 2015.[17]
  • JPMorgan Chase expanded its space at the building by 305,000 square feet in June 2017.[18]
  • Amazon signed a lease to occupy 359,000 square feet in September 2017 for the primary New York City office of Amazon Advertising.[19]
  • Peloton Interactive signed leases for 32,000 square feet in April 2018.[20]
  • Whole Foods opened a 60,000 square foot store in the building in July 2020.[21]
  • Noom signed a sublease to occupy 113,000 square feet at the building in November 2020, taking space from R/GA.[22]

References

  1. ^ "Five Manhattan West". CTBUH Skyscraper Center.
  2. ^ "Five Manhattan West". Brookfield Properties.
  3. ^ "Westyard Distribution Center". Davis Brody Bond.
  4. ^ a b Cunningham, Cathy; Grossman, Matt; Cunningham, Cathy (April 13, 2018). "Brookfield Lands $1.2B Landesbank Loan for 5 Manhattan West". Observer Media.
  5. ^ "Ad giant IPG grows to 280K sf at Brookfield's 5 Manhattan West". The Real Deal. January 26, 2015.
  6. ^ a b Hughes, C.J. (March 17, 2017). "Hudson Yards, Meet Your New Neighbor, Manhattan West". The New York Times.
  7. ^ a b "Five Manhattan West / REX". ArchDaily. December 6, 2017. Retrieved February 5, 2024.
  8. ^ "REX Unveils Details of Five Manhattan West Development". ArchDaily. February 10, 2014. Retrieved February 5, 2024.
  9. ^ a b c d Kim, Betsy (November 16, 2017). "Five Manhattan West: Architectural Feat in Renovation and Preservation". ALM.
  10. ^ Cuozzo, Steve (February 10, 2014). "It's beast to beauty on 33rd". New York Post.
  11. ^ Morris, Keiko (February 10, 2014). "'Brutalist' Building Set for Yet Another Look". The Wall Street Journal.
  12. ^ Jordan, John (April 16, 2018). "Brookfield Lands Refinancing Deal for 5 Manhattan West". ALM.
  13. ^ Martin, Douglas (May 4, 1995). "Moving Day At The News". The New York Times. ISSN 0362-4331.
  14. ^ Holusha, John (February 7, 1999). "Commercial Property / 450 West 33d Street; From Skating on the Ice to Logging On to the Web". The New York Times. ISSN 0362-4331.
  15. ^ Bagli, Charles V. (January 3, 2003). "Associated Press to Move From Rockefeller Center". The New York Times. ISSN 0362-4331.
  16. ^ SCHRAM, LAUREN ELKIES (August 11, 2014). "R/GA Moving to Brookfield's 450 West 33rd Street". Observer Media.
  17. ^ Maurer, Mark (March 27, 2015). "Financial data firm Markit signs huge lease at 5 Manhattan West". The Real Deal.
  18. ^ Rothstein, Ethan (June 5, 2017). "JPMorgan To Expand By 300K SF At Five Manhattan West". Bisnow Media.
  19. ^ Small, Eddie (September 21, 2017). "It's official: Amazon is coming to Brookfield's 5 Manhattan West". The Real Deal.
  20. ^ SCHRAM, LAUREN ELKIES (April 10, 2018). "Peloton Signs Two Leases Totaling 32K SF at Five Manhattan West". Observer Media.
  21. ^ Young, Liz (July 20, 2020). "Whole Foods opens new store at Manhattan West development". American City Business Journals.
  22. ^ Matsuda, Akiko (November 4, 2020). "Noom inks 113K-sf sublease at 5 Manhattan West". The Real Deal.
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