MetLife Building | Commercial Real Estate NYC | Tishman Speyer

Properties

Properties / North America / NY, NJ, CT, MA / New York

The Top Line

3,078,513 sq. ft.
Redevelopment
Mixed Use

200 Park Avenue
New York, NY
10166
USA
Map

The MetLife Building

The MetLife Building is a 58-story asset centrally located in the core of Midtown Manhattan's prestigious office submarket, between Grand Central Terminal and East 45th Street.

The MetLife Building comprises 3,078,513 square feet of office and retail space, with an adjacent four-level parking garage. Originally planned as a reconstruction project in conjunction with a Grand Central Terminal renovation, Erwin S. Wolfson developed the project in the early 1960s with the assistance of the architects Emery Roth & Sons, Walter Gropius and Pietro Belluschi. Known as the Pan Am Building beginning in 1963, the property was purchased by the Metropolitan Life Insurance Company in 1981 and its designation changed to The MetLife Building by early 1993. The iconic signage atop the tower measures 22 x 22 feet, with the two upper-case characters weighing an astonishing 4,000 pounds apiece.

Building amenities include a health club, several restaurants, retail stores, child care and banking facilities. Since the property opened to the public in 1963, The MetLife Building has served as the headquarters for numerous prestigious corporations. They include Pan American World Airways, Rogers & Wells, The Dreyfus Corporation, Kidder Peabody, Lehrer McGovern Bovis, Metropolitan Life Insurance, Mitsui USA & Company, Sky Club, Whitman, Breed Abbott & Morgan, and Barclays Bank. Original building artwork resides in the Vanderbilt Avenue lobby, including a bronze bust of the building’s developer, Erwin S. Wolfson, and Richard Lippold’s elaborate wire sculpture Flight, created in honor of Pan American World Airways.

The MetLife Building sits in close proximity to the heart of Midtown Manhattan, with direct access to Times Square, Grand Central Terminal and the New York Public Library, and superb views of beautiful Bryant Park. Transportation is plentiful, including subway and bus lines, as well as commuter trains via Grand Central Terminal or a short connection to Penn Station.

Key Details

  • Located next to Grand Central Terminal in Midtown Manhattan
  • Masonry and raised quartz crystal façade
  • Four-level parking garage accommodating 248 cars
  • State-of-the-art security system
  • Proximity to premier hotels, restaurants and retail stores
  • On-site amenities include a health club, fine restaurants, shops, a contingent child care facility, ATMs and direct access to Grand Central Terminal

Property Location

Nearby Tishman Speyer Properties Sq ft.Sq m.