666 5th Avenue, Manhattan

Property Description

This Tishman family built this 1,500,000 square foot Class A office tower in 1957. The original design includes an embossed aluminum façade and a landmarked lobby featuring sculpture by Isamu Noguchi, one of the country’s preeminent modern sculptors. Citigroup is now the building’s largest tenant. Zara and Uniqlo have also taken retail space.

In the late 1990s, the property was acquired by the Japanese firm Sumitomo Realty and Development. Tishman Speyer Properties then bought the building for US $518 million in 2000, and sold it to Kushner Properties in 2006 for US $1.8 billion, the biggest single building deal in the history of the United States.

Notes: Advisor to Sumitomo Realty and Development in Japan, and co-broker on the sale of the building in New York.

Property Features

Type: Commercial Office and Retail Tower
Total Square Footage: 1,500,000 square feet

Floor Plate Sizes (approximately)
Floors 1-7: 78,000 rentable square feet
Floors 8-9: 68000 rentable square feet
Floors 10-14: 40,000 rentable square feet
Floors 15-39: 24,000 rentable square feet

Building dimensions: 200 feet x 315 feet
Stories: 41 floors (39 office, 2 mechanical)
Construction: 1957