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405 Lexington Avenue

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Article Genealogy
Parent: Chrysler Building Hop 4
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1. Extracted27
2. After dedup10 (None)
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405 Lexington Avenue
Name405 Lexington Avenue
LocationManhattan, New York City
Start date1989
Completion date1992
Opening1992
Height752 ft (229 m)
Floor count57
ArchitectSkidmore, Owings & Merrill
DeveloperThe Trump Organization
OwnerVornado Realty Trust

405 Lexington Avenue is a prominent 57-story skyscraper located in the Midtown Manhattan section of New York City. Completed in 1992, the tower is situated on a full-block site at the intersection of Lexington Avenue and 42nd Street, adjacent to the historic Grand Central Terminal. Originally developed by The Trump Organization and now owned by Vornado Realty Trust, it is a significant example of late-20th century commercial architecture and a major hub for corporate tenants.

History

The site was previously occupied by the Beverly Hotel and other low-rise commercial structures before being acquired for redevelopment in the late 1980s. The project was spearheaded by Donald Trump in partnership with Equitable Life Assurance Society, with the original intent to build one of the world's tallest residential towers. Following the stock market crash of 1987 and a downturn in the New York City real estate market, plans were revised to create a commercial office building. Construction began in 1989, a period of significant transformation for the surrounding area, including the redevelopment of Grand Central. Upon completion in 1992, the building was known as the **Trump Building**, a name it held until 2021. Its ownership and management have since been consolidated under Vornado Realty Trust, a major player in the Manhattan office market.

Architecture

Designed by the renowned firm Skidmore, Owings & Merrill, the structure exemplifies the sleek, modernist corporate style prevalent in the late 20th century. The exterior is clad in reflective silver-tinted glass and polished granite, creating a distinctive facade. Its most recognizable feature is a dramatic 90-foot (27 m) tall, slanted crown, illuminated at night, which references the architectural form of a spire. The building's massing is characterized by a series of setbacks that comply with New York City zoning regulations, culminating in the iconic pinnacle. The main lobby features a grand, multi-story atrium with marble finishes and connects directly to the underground concourses of Grand Central Terminal and the New York City Subway.

Tenants and usage

The tower functions as a premier Class A office building, housing a diverse array of prestigious corporate and financial tenants. Major law firms, including Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, have established offices there. It is also a significant hub for financial services companies and consulting firms. The building's lower levels are integrated with the retail complex of Grand Central Terminal, featuring dining and service-oriented establishments. Its location within the Grand Central area and proximity to transportation hubs like the Metro-North Railroad make it a highly desirable address for businesses. The upper floors offer expansive views of landmarks such as the Chrysler Building and the Empire State Building.

The distinctive slanted crown and prominent location have made it a recognizable backdrop in numerous films and television series set in New York City. It has appeared in establishing shots for shows like Law & Order and has been featured in movies that depict the Manhattan skyline. The building's former association with Donald Trump also led to its inclusion in media coverage of his business career prior to his presidency. Its architecture is often highlighted in documentaries about modern skyscraper design and tours of notable New York structures.

See also

* Chrysler Building * Grand Central Terminal * List of tallest buildings in New York City * Skidmore, Owings & Merrill * Vornado Realty Trust

Category:Skyscrapers in Manhattan Category:Office buildings in New York City