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590 Madison Avenue, also known as the IBM Building, is a skyscraper at 57th Street and
Madison Avenue Madison Avenue is a north-south avenue in the borough of Manhattan in New York City, United States, that carries northbound one-way traffic. It runs from Madison Square (at 23rd Street) to meet the southbound Harlem River Drive at 142nd Stre ...
in the
Midtown Manhattan Midtown Manhattan is the central portion of the New York City borough of Manhattan and serves as the city's primary central business district. Midtown is home to some of the city's most prominent buildings, including the Empire State Buildin ...
neighborhood of
New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...
. Designed by Edward Larrabee Barnes and Associates the 41-story, -tall tower was developed for the technology company IBM and built from 1978 to 1983. The building is shaped like an irregular pentagon, with a
chamfer A chamfer or is a transitional edge between two faces of an object. Sometimes defined as a form of bevel, it is often created at a 45° angle between two adjoining right-angled faces. Chamfers are frequently used in machining, carpentry, fu ...
cutting diagonally across what would typically be the southwest corner of a rectangular slab. The facade is made of gray-green glass and polished granite, which Barnes intended would give the building the appearance of a prism. The northeast corner of the tower is cantilevered over the main entrance, and there are no setbacks throughout the building's height. Adjacent to 590 Madison Avenue's southwest corner is a
privately owned public space Privately owned public space (POPS), or alternatively, privately owned public open spaces (POPOS), are terms used to describe a type of public space that, although privately owned, is legally required to be open to the public under a city's zoni ...
covered by a glass structure, which contains chairs, tables, and bamboo trees. From 1938 to 1964, IBM was headquartered at one of the previous structures on the site. Despite relocating its headquarters to a suburb of New York City, IBM retained office space at multiple locations in the city and proposed the current skyscraper to consolidate some of its operations. IBM owned the tower until May 1994, when it sold the building to Edward J. Minskoff and Odyssey Partners. Until the sale, IBM occupied most of the building's space; the firm continues to maintain offices in the building, though most space has been leased to other tenants.


Site

590 Madison Avenue is in the
Midtown Manhattan Midtown Manhattan is the central portion of the New York City borough of Manhattan and serves as the city's primary central business district. Midtown is home to some of the city's most prominent buildings, including the Empire State Buildin ...
neighborhood of
New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...
. The rectangular
land lot In real estate, a lot or plot is a tract or parcel of land owned or meant to be owned by some owner(s). A plot is essentially considered a parcel of real property in some countries or immovable property (meaning practically the same thing) in ...
is bounded by
Madison Avenue Madison Avenue is a north-south avenue in the borough of Manhattan in New York City, United States, that carries northbound one-way traffic. It runs from Madison Square (at 23rd Street) to meet the southbound Harlem River Drive at 142nd Stre ...
to the east, 57th Street to the north, and 56th Street to the south. The land lot covers approximately , with a
frontage Frontage is the boundary between a plot of land or a building and the road onto which the plot or building fronts. Frontage may also refer to the full length of this boundary. This length is considered especially important for certain types of ...
of on Madison Avenue and on both 56th and 57th Streets. The building is on the same city block as
Trump Tower Trump Tower is a 58-story, mixed-use skyscraper at 721–725 Fifth Avenue in the Midtown Manhattan neighborhood of New York City, between East 56th and 57th Streets. The building contains the headquarters for the Trump Organization, as well ...
and the Tiffany & Co. flagship store to the west. Other nearby buildings include the
Corning Glass Building Corning may refer to: People * Corning (surname) Places In Canada: * Corning, Saskatchewan In the United States of America: * Corning, Arkansas * Corning, California * Corning, Indiana * Corning, Iowa * Corning, Kansas * Corning, Michig ...
to the southwest, 550 Madison Avenue to the south,
Park Avenue Tower Park Avenue Tower (also 65 East 55th Street) is a building on Park Avenue, between 55th Street and 56th Street, in Midtown Manhattan, New York City. The office building developed by Park Tower Realty opened in 1986 and has a height of . Park Ave ...
and the
New York Friars Club The Friars Club is a private club in New York City. Famous for its risqué roasts, the club's membership is composed mostly of comedians and other celebrities. Founded in 1904, it is located at 57 East 55th Street, between Park Avenue and Madi ...
to the southeast,
432 Park Avenue 432 Park Avenue is a residential skyscraper at 57th Street and Park Avenue in Midtown Manhattan in New York City, overlooking Central Park. The tower was developed by CIM Group and Harry B. Macklowe and designed by Rafael Viñoly. A part of ...
to the east,
Fuller Building The Fuller Building is a skyscraper at 57th Street and Madison Avenue in the Midtown Manhattan neighborhood of New York City. Designed by Walker & Gillette, it was erected between 1928 and 1929. The building is named for its original main occ ...
and
Four Seasons Hotel New York Four Seasons Hotel New York is a luxury hotel in Midtown Manhattan, New York City, that opened in 1993. The luxury hotel stopped booking paying guests in March 2020 at the onset of the COVID-19 pandemic, instead offering free housing for medical ...
to the northeast, the
LVMH Tower The LVMH Tower is a 24-story skyscraper on 57th Street, near Madison Avenue, in Midtown Manhattan, New York City. Designed by Christian de Portzamparc, the building opened in 1999 as the overseas headquarters of Paris-based LVMH Moët Hennessy ...
to the north, and the
L. P. Hollander Company Building 3 East 57th Street, originally the L. P. Hollander Company Building, is a nine-story commercial building in the Midtown Manhattan neighborhood of New York City. It is along the northern side of 57th Street, just east of Fifth Avenue. 3 East 57t ...
to the northwest. In 1936, the IBM Corporation acquired a 20-story building at 590 Madison Avenue, at the southwest corner of 57th Street. The IBM headquarters opened within that building two years later. IBM acquired additional adjacent lots in 1973. At the time, a pair of buildings designed by
Carrère and Hastings Carrère and Hastings, the firm of John Merven Carrère ( ; November 9, 1858 – March 1, 1911) and Thomas Hastings (architect), Thomas Hastings (March 11, 1860 – October 22, 1929), was one of the outstanding American Beaux-Arts architecture, Be ...
occupied part of the site. One of these buildings, at 14 East 57th Street, was designed for art gallery operator
Roland Knoedler Roland (; frk, *Hrōþiland; lat-med, Hruodlandus or ''Rotholandus''; it, Orlando or ''Rolando''; died 15 August 778) was a Frankish military leader under Charlemagne who became one of the principal figures in the literary cycle known as the ...
. The current skyscraper's site was also occupied by an eight-story apartment studio at 12 East 57th Street. At the northwest corner of Madison Avenue and 56th Street was a 13-story structure.


Architecture

590 Madison Avenue was originally owned by IBM and thus called the "IBM Building". 590 Madison Avenue was designed by Edward Larrabee Barnes and Associates. John M. Y. Lee and Armand P. Avakian were the associates-in-charge while Richard Klibschon was the project architect. In addition, James Ruderman was the structural engineer, LeMessurier Associates was the structural consultant, and Joseph R. Loring & Associates was the mechanical and electrical engineer.
Turner Construction Turner Construction is an American construction company with presence in 20 countries. It is a subsidiary of the German company Hochtief. It is the largest domestic contractor in the United States as of 2020, with a revenue of $14.41 billion in ...
was the general contractor. The 41-story building is 603 feet (184 m) tall and contains a pentagonal floor plan. Adjacent to the building on its southwest corner is an enclosed atrium, a
privately owned public space Privately owned public space (POPS), or alternatively, privately owned public open spaces (POPOS), are terms used to describe a type of public space that, although privately owned, is legally required to be open to the public under a city's zoni ...
covered by a glass structure. , the State Teachers Retirement System of Ohio owns the entire building and holds the land under it. A portion of the land owned by STRS Ohio is leased to
The Trump Organization The Trump Organization is a group of about 500 business entities of which Donald Trump is the sole or principal owner. Around 250 of these entities use the Trump name. The organization was founded in 1927 by Donald Trump's paternal grandmothe ...
.


Form

The building was designed as a pentagonal wedge, with a large
chamfer A chamfer or is a transitional edge between two faces of an object. Sometimes defined as a form of bevel, it is often created at a 45° angle between two adjoining right-angled faces. Chamfers are frequently used in machining, carpentry, fu ...
that cuts into the rectangular
massing Massing is a term in architecture which refers to the perception of the general shape and form as well as size of a building. Massing in architectural theory Massing refers to the structure in three dimensions (form), not just its outline from ...
at the site's southwest corner. According to Barnes, this shape was chosen to highlight the presence of the public atrium, which otherwise would have been overlooked due to its relatively nondescript location in the middle of the block. Barnes believed in the observance of an older New York City
zoning Zoning is a method of urban planning in which a municipality or other tier of government divides land into areas called zones, each of which has a set of regulations for new development that differs from other zones. Zones may be defined for a si ...
law, with the low-rise section of a skyscraper on a narrow street and the high-rise section on a wider street. As Madison Avenue and 57th Street are both wider than 56th Street, the bulk of the building is angled toward the former two streets at the northeast corner of the site. The tower runs along the lot line on 57th Street but is set back from Madison Avenue. The sidewalk, between the
curb A curb (North American English), or kerb (Commonwealth English except Canada; see spelling differences), is the edge where a raised sidewalk or road median/central reservation meets a street or other roadway. History Although curbs have ...
and the building's exterior wall, is made of green-granite squares measuring . The presence of the atrium at the southwest corner of the lot, and the fact that the tower only occupies 40 percent of the site, allowed the rest of the building to rise without setbacks. Structurally, 590 Madison Avenue is a pentagon, with columns closely clustered on three sides (the southern and western facades are relatively short). At the time of the IBM Building's completion, many of its contemporaries were International Style designs that used rectangular shapes. Originally, the building was conceived with widely spaced groups of columns, but wind-tunnel tests found that the arrangement lacked rigidity and would cause the building to sway. The building was thus stiffened, with columns being spaced every and with strengthened spandrel beams. The first three floors at the northeast corner of the building are also chamfered. This allows the tower to cantilever over the main entrance at Madison Avenue and 57th Street. The truss above the entrance only supports the weight of about ten stories above it. Most of the stories above the cantilever are instead supported by the other columns around the perimeter, which are strengthened at the base. The cantilever reportedly added $10 million to the construction costs (equivalent to $ million in ). The inclusion of the cantilever was in keeping with Barnes's tendency for "symbolic rather than purely structural expression", as author Eric Nash described it.


Atrium

590 Madison Avenue contains a public atrium, originally known as the Garden Plaza. The atrium is alternatively cited as covering , , or . It was built under the terms of the 1961 Zoning Resolution, which allowed New York City developers a
zoning Zoning is a method of urban planning in which a municipality or other tier of government divides land into areas called zones, each of which has a set of regulations for new development that differs from other zones. Zones may be defined for a si ...
"bonus" for including open space in front of their buildings, and its presence enabled the addition of , the equivalent of five stories. The atrium is within the chamfer created by cutting off the building's southwest corner. This atrium directly connects to Trump Tower's atrium, connecting west to
Fifth Avenue Fifth Avenue is a major and prominent thoroughfare in the borough of Manhattan in New York City. It stretches north from Washington Square Park in Greenwich Village to West 143rd Street in Harlem. It is one of the most expensive shopping stre ...
. Combined with the atrium at 550 Madison Avenue, the atrium also creates a continuous corridor between 55th and 57th Streets. Originally, the atrium was meant to provide access to the adjacent
Bonwit Teller Bonwit Teller & Co. was an American luxury department store in New York City, New York, founded by Paul Bonwit in 1895 at Sixth Avenue and 18th Street, and later a chain of department stores. In 1897, Edmund D. Teller was admitted to the p ...
department store building to the west. In a 2000 study of over five hundred
privately owned public space Privately owned public space (POPS), or alternatively, privately owned public open spaces (POPOS), are terms used to describe a type of public space that, although privately owned, is legally required to be open to the public under a city's zoni ...
s across New York City, Jerold Kayden classified the building's atrium as one of fifteen that were "of such high quality that they draw visitors from around the city". Most of the atrium is enclosed by a sawtooth-shaped glass canopy rising . The canopy itself is tall and consists of six ridges. There is an illuminated ceiling above the western part of the atrium, connecting the entrances on 56th and 57th Streets. The atrium was designed to be temperature-controlled, with an
air conditioning Air conditioning, often abbreviated as A/C or AC, is the process of removing heat from an enclosed space to achieve a more comfortable interior environment (sometimes referred to as 'comfort cooling') and in some cases also strictly controlling ...
system cooling or heating the space if the temperature outdoors fell below or above . This keeps the atrium at a similar temperature to climates in Virginia or North Carolina, between . To conserve energy, the windows were double-glazed and tinted. The atrium was originally conceived as a space that was open to the outdoors, but
wind tunnel Wind tunnels are large tubes with air blowing through them which are used to replicate the interaction between air and an object flying through the air or moving along the ground. Researchers use wind tunnels to learn more about how an aircraft ...
testing showed that doors needed to be added at each end. Zion and Breen were hired to landscape the atrium. Some 300 North Carolina-sourced bamboo trees were arranged in eleven groves, illuminated by lighting from 2 to 7 a.m. each day. The
New York Botanical Garden The New York Botanical Garden (NYBG) is a botanical garden at Bronx Park in the Bronx, New York City. Established in 1891, it is located on a site that contains a landscape with over one million living plants; the Enid A. Haupt Conservatory, ...
was tasked with maintaining the atrium and operated a shop there. After a renovation in 1995, eight sculptures were installed in the atrium, which was rebranded "The Sculpture Garden at 590 Madison". Eight of the eleven bamboo groves were retained. The atrium contains food and drink kiosks, tables, chairs, and receptacles, and it is also used to display artwork. Below ground level, the atrium was designed with an exhibition space called the Gallery of Science and Art, covering , though this space closed in 1993.


Sculptures

At the southeast corner of the site, on the corner of Madison Avenue and 56th Street, is a steel-and-granite fountain entitled ''Levitated Mass''. The fountain was created by
Michael Heizer Michael Heizer (born 1944) is an American land artist specializing in large-scale and site-specific sculptures. Working largely outside the confines of the traditional art spaces of galleries and museums, Heizer has redefined sculpture in terms ...
and dedicated in 1982. It contains an boulder within a frame measuring , surrounded by a ledge with pedestrian seating. The boulder appears to float over running water. To create the fountain, Heizer sheared off the top of a large rock and cut grooves into the surface before setting it on supports hidden within a stainless steel structure. Heizer said of the fountain's name: "I don't use Greek names as titles, or dedicate artworks to my friends. I simply describe what it is." At the northeast corner of the site, underneath the cantilevered main entrance on the corner of Madison Avenue and 57th Street, is a bright red sculpture by
Alexander Calder Alexander Calder (; July 22, 1898 – November 11, 1976) was an American sculptor known both for his innovative mobiles (kinetic sculptures powered by motors or air currents) that embrace chance in their aesthetic, his static "stabiles", and hi ...
, entitled '' Saurien.'' Standing tall, it was completed in 1975. The sculpture's name refers to the French spelling of the word "
sauria Sauria is the clade containing the most recent common ancestor of archosaurs (such as crocodilians, dinosaurs, etc.) and lepidosaurs ( lizards and kin), and all its descendants. Since most molecular phylogenies recover turtles as more closely re ...
n", which in turn refers to a reptilian clade. The sculpture was installed under the main entrance during a 1995 renovation.


Facade

The building's facade consists of horizontal strips of gray-green glass between
spandrel A spandrel is a roughly triangular space, usually found in pairs, between the top of an arch and a rectangular frame; between the tops of two adjacent arches or one of the four spaces between a circle within a square. They are frequently fill ...
panels of polished granite. The gray-green facade was intended to blend in with the Corning Glass Building as well as 590 Madison Avenue's atrium. About 15,000 slabs of Canadian granite are used on the facade. American sculptor James Rappa was hired to select the granite from the LaCroix quarry in
Saint-Sébastien, Estrie, Quebec Saint-Sébastien is a municipality in Le Granit Regional County Municipality in the Estrie region of Quebec, Canada. It is named after Saint Sebastian Saint Sebastian (in Latin: ''Sebastianus''; Narbo, Gallia Narbonensis, Roman Empire c. ...
, and classify it with three grades of quality. Rappa discarded the lowest-quality granite and used the highest-quality material on the lower stories. Barnes had specified the granite be polished because it would help make the building look like a prism. In total, the granite slabs cover around . Each slab has surface dimensions of and is about thick. Eight slabs are mounted to a single truss to create a continuous panel generally measuring . At the building's chamfer and each corner, the panels are half as wide. The panels measure thick in total. The 3-inch-thick granite slabs, at the front of each panel, are mounted to the truss using stainless-steel angles. In case rust developed on the trusses, the rust would not stain the granite. The outside face of each truss, directly behind the granite slabs, contains ducts. The backs of the panels consist of of mineral insulation. Each panel is attached to the building's
superstructure A superstructure is an upward extension of an existing structure above a baseline. This term is applied to various kinds of physical structures such as buildings, bridges, or ships. Aboard ships and large boats On water craft, the superstruct ...
at six locations. The windows comprise 35 percent of the facade. Each window is double-glazed and consists of a blue-green outer pane and a clear inner pane, separated by a gap of . The double-glazing allows 65 percent of light into the building. Moisture protection for the window frames and granite spandrels was developed concurrently. In case the insulation sealant failed, rainwater could collect at the bottom of each spandrel, where it could flow down the facade's vertical
mullion A mullion is a vertical element that forms a division between units of a window or screen, or is used decoratively. It is also often used as a division between double doors. When dividing adjacent window units its primary purpose is a rigid supp ...
s to the bottom of the window. The rainwater could then drain to ground level through a notch used by the building's
window cleaning Window cleaning, or window washing, is the exterior cleaning of architectural glass used for structural, lighting, or decorative purposes. It can be done manually, using a variety of tools for cleaning and access. Technology is also employed and ...
equipment, preventing ice buildup and granite staining.


Interior

The building was designed with 38 floors of offices, an employee cafeteria story, two retail stories, and two mechanical stories. There is also a 78-spot parking garage. 590 Madison Avenue has of floor area and 24 elevators, according to its official specifications. Eighteen of the elevators are for passengers while six are for freight. The elevators are oriented on a diagonal axis in the lobby, being positioned within banks that run from southwest to northeast. The lobby itself is a triple-height space, designed with a direct view of the atrium behind it. Barnes had intended for the lobby to be a continuation of the exterior and, as such, the lobby's floor contains granite pavement. Artworks are also displayed in the lobby. Chermayeff and Geismar Associates were the graphics consultants and Donald Bliss was the lighting consultant. On the upper stories, offices are arranged around the core, though the arrangements are flexible. The office stories have a minimum ceiling height of and some perimeter offices can have a ceiling height of at least . There is a diesel electricity generator that can provide energy to the building in case of power outages.


History

IBM's headquarters had been at the previous structure at 590 Madison Avenue from 1938 to 1964, when it moved to
Armonk, New York Armonk is a hamlet and census-designated place (CDP) in the town of North Castle, located in Westchester County, New York, United States. The corporate headquarters of IBM are located in Armonk. Geography and climate As of the 2010 census, A ...
, a northern suburb of New York City. IBM kept offices at 590 Madison, but it had decided to move its administrative officials after a successful experiment with opening a suburban office. The next year, it bought a plot at the northwest corner of Madison Avenue and 50th Street, next to the old headquarters.


Development


Planning

By 1969, IBM had hired architect
I. M. Pei Ieoh Ming Pei
– website of Pei Cobb Freed & Partners
( ; ; April 26, 1917 – May 16, 2019) was ...
to draw preliminary plans for a skyscraper replacing its old Madison Avenue headquarters. The company rejected Pei's plans for unknown reasons. IBM acquired several other adjacent buildings and unsuccessfully attempted to acquire the
air rights Air rights are the property interest in the "space" above the earth's surface. Generally speaking, owning, or renting, land or a building includes the right to use and build in the space above the land without interference by others. This legal ...
over the Tiffany & Co. flagship store and the Bonwit Teller store to the west. In 1973, IBM completed the acquisition of plots adjacent to its old 590 Madison Avenue headquarters. This gave the company a plot of , of which 40 percent could be used for the development of a skyscraper with up to 45 floors and . Barnes had been hired to make "preliminary plans" for the skyscraper. During the early design stages, IBM ran computer models to determine how to minimize the building's energy usage. By December 1976, Barnes had developed plans for a five-sided skyscraper with of space across 38 stories. The building would allow IBM to consolidate many of its offices across the city, which at the time comprised at 23 locations. IBM already occupied most of the space in the six existing structures on the site. To accommodate its operations, IBM had to lease space at several other buildings across the
New York metropolitan area The New York metropolitan area, also commonly referred to as the Tri-State area, is the largest metropolitan area in the world by urban area, urban landmass, at , and one of the list of most populous metropolitan areas, most populous urban agg ...
. The skyscraper would be able to fit eight of IBM's twelve Manhattan offices and would also contain exhibition space at the rear. Barnes contemplated whether to make the facade out of granite, glass, aluminum, or steel. Barnes decided to use gray-green granite, so his design team traveled to several quarries across the world, including in Canada, Norway, Czechoslovakia, and Africa. Ultimately, Barnes chose a sample of consistently mottled Canadian granite quarried in Quebec, eschewing a sample quarried from
upstate New York Upstate New York is a geographic region consisting of the area of New York State that lies north and northwest of the New York City metropolitan area. Although the precise boundary is debated, Upstate New York excludes New York City and Long Is ...
with a more random pattern.


Construction

The original building was demolished starting in 1977. A ''New York Times'' editorial in January 1978 praised the IBM project, as well as the
AT&T AT&T Inc. is an American multinational telecommunications holding company headquartered at Whitacre Tower in Downtown Dallas, Texas. It is the world's largest telecommunications company by revenue and the third largest provider of mobile tel ...
Building being constructed simultaneously at 550 Madison Avenue, as a "declaration of corporate commitment" to New York City, which had then recently rebounded from its fiscal crisis. Plans for the building had been changed by July 1978, when the site had been cleared. Work was about to proceed on the skyscraper, which had been revised to 43 stories (including the concourse and mezzanine at the building's base).
John Burgee __NOTOC__ John Burgee (born August 28, 1933) is an American architect noted for his contributions to Postmodern architecture. He was a partner of Philip Johnson from 1967 to 1991, creating together the partnership firm Johnson/Burgee Architects ...
, architect of the neighboring AT&T Building, said at the time that he had designed the AT&T project with a pink facade to complement the planned IBM Building's gray-green facade. The
Associated Press The Associated Press (AP) is an American non-profit news agency headquartered in New York City. Founded in 1846, it operates as a cooperative, unincorporated association. It produces news reports that are distributed to its members, U.S. newspa ...
described the IBM Building as an extension of a "building boom" in the city that also included the AT&T Building and the
Grand Hyatt New York The Hyatt Grand Central New York is a hotel located at 125 East 42nd Street, adjoining Grand Central Terminal, in the Midtown Manhattan neighborhood of New York City. It operated as the 2,000-room Commodore Hotel between 1919 and 1976. Hotel ...
. Turner Construction was selected the same month as the construction contractor. Because the IBM and AT&T buildings were simultaneously under construction on 56th Street, access to that street was limited. As a result, trucks delivering materials for both buildings would be backed up for several blocks along Madison Avenue. The first of the building's granite facade slabs was delivered in early 1981. After being quarried in Quebec, the granite was sent to Hohmann & Barnard's facility in
Hauppauge, New York Hauppauge ( ) is a Hamlet (New York), hamlet and census-designated place (CDP) in the Administrative divisions of New York#Town, towns of Islip, New York, Islip and Smithtown, New York, Smithtown in Suffolk County, New York on Long Island. The popu ...
, on
Long Island Long Island is a densely populated island in the southeastern region of the U.S. state of New York (state), New York, part of the New York metropolitan area. With over 8 million people, Long Island is the most populous island in the United Sta ...
. Hohmann & Bernard carved the granite into slabs, and ten truckloads of four slabs each were sent to the worksite every week. At the construction site, the panels were assembled and a sealant was applied. By 1982, the atrium was being furnished.


Opening and early years

The IBM Building was dedicated on October 4, 1983. The first exhibition in the building's public gallery, "Innovation in IBM Computer Technology", opened that month, showing devices made by the company over the previous five decades. From the outset, IBM owned 590 Madison Avenue and occupied all of the space within the building. Jerold Kayden wrote that the building's public atrium became "New York City's peerless privately owned public space". Initially, the bamboo plants in the IBM atrium were not well maintained, as the bamboo plants died within six months of being planted. To solve this issue, horticulturalists rotated the plants every six months, which IBM supported up until the company's budget tightened. Economic troubles in the early 1990s forced IBM to downsize some of its real estate holdings. By 1993, IBM no longer occupied much of 590 Madison Avenue and was offering it under subleases to other companies. That March, IBM announced it would close the Gallery of Science and Art in the lower atrium to save money, despite the fact that the gallery saw 500 to 750 thousand visitors every year. The following year, IBM indicated it would lease out as much as half of the building's office space.


Sale and renovations

In May 1994, IBM sold the building to a joint venture of Edward J. Minskoff and Odyssey Partners for an estimated $200 million. IBM leased back a third of the space. The other two-thirds of the building remained unleased because of IBM's reduced occupancy requirements, However, with a recovering market for office space, real estate executives quoted in ''The New York Times'' said that Minskoff and Odyssey would not have a difficult time leasing the space. Rumors circulated that IBM would relocate its headquarters back to Manhattan from Armonk, though IBM denied the reports. The following year, the State Teachers Retirement System of Ohio, a pension fund, was brought on as a partner. The pension fund received a five-year floating-rate mortgage from the
Morgan Guaranty Trust Company J.P. Morgan & Co. is a commercial and investment banking institution founded by J. P. Morgan in 1871. Through a series of mergers and acquisitions, the company is now a subsidiary of JPMorgan Chase, one of the largest banking institutions in t ...
. By 1995, the atrium had become dingy and there were complaints that homeless people were loitering in the atrium. That year, Minskoff proposed modifying the atrium; since it could affect the building's development bonus, the
New York City Planning Commission The Department of City Planning (DCP) is the department of the government of New York City responsible for setting the framework of city's physical and socioeconomic planning. The department is responsible for land use and environmental review, p ...
had to review and approve the proposal. Minskoff planned to use forty percent of the atrium space for exhibiting sculptures and remove many trees, tables, and chairs. Critics objected that the public character of the atrium would be altered. The commission ultimately approved a modified plan for the atrium renovation that October. The renovations, designed by
Robert A. M. Stern Robert Arthur Morton Stern, usually credited as Robert A. M. Stern (born May 23, 1939), is a New York City–based architect, educator, and author. He is the founding partner of the architecture firm, Robert A.M. Stern Architects, also known a ...
, were completed in December 1995. Other disputes over the atrium involved disagreements over whether the atrium should be closed during the daytime. Part of the former Gallery of Science and Art space was taken in 1995 by the
Freedom Forum The Freedom Forum is the creator of the Newseum in Washington, D.C., which it sold to Johns Hopkins University in 2019. It is a nonpartisan 501 (c)(3) foundation that advances First Amendment freedoms through initiatives that include the Power Sh ...
organization, which stayed there until 2001. Watch retailer
Tourneau Tourneau, LLC, is a luxury watch retailer established in 1900 and based in the United States. In 2018 Tourneau was purchased by the European retailer, Bucherer AG. The company carries over 8,000 styles of men’s and women’s watches from nearly ...
used another portion of the former gallery starting in 1996. A little more than a year after Minskoff and Odyssey bought the building, only seven floors were still unoccupied. This was in part due to a slight decline in office rents. STRS Ohio bought the remaining ownership stake in the property in 1997. The building was worth $500 million by 1998, a 150 percent increase over what Minskoff and Odyssey had paid for it four years prior. Odyssey wished to sell the building and hired Eastdil Realty to determine the value of its stake, but Minskoff said he would not sell his stake. The
Dahesh Museum of Art The Dahesh Museum of Art is the only museum in the United States devoted to the collection and exhibition of European academic art of the 19th and 20th century. The collection, located in Manhattan, New York City, originated with Lebanese writer ...
relocated into 590 Madison Avenue's exhibition space in 2003. STRS Ohio received a $350 million senior mortgage for the building in 2007 from
Goldman Sachs Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, H ...
. The following year, the mozzarella bar Obika opened within the atrium, and Bonhams took some of the former IBM gallery space. In 2014, STRS Ohio considered selling a 49 percent minority ownership stake in 590 Madison Avenue. The
Safra family Safra or SAFRA may refer to: People (surname) * Alberto J. Safra (born 1979/1980), Brazilian banker *Edmond Safra (1932–1999), Syrian-Brazilian banker *Jacob Safra (1891–1963), Syrian banker *Jacqui Safra (born 1948), Swiss investor and actor ...
of Brazil were reportedly interested in taking the minority ownership stake; the family's offer would value the building at over $1.5 billion. However, STRS Ohio instead opted to refinance the building in 2015 with a ten-year, fixed-rate senior mortgage of $650 million, provided by
Goldman Sachs Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, H ...
. Moed de Armas and Shannon conducted a renovation of the building, which was completed in 2016. The lobby was refurbished and the elevator cabs were replaced as part of the project. STRS Ohio placed the building for sale in mid-2018, seeking up to $1.3 billion. At the time, IBM still occupied within the building.


Tenants

, almost half of the building's space was leased by the top ten tenants. IBM continued to be the largest tenant with 11 percent of the space. Other tenants include: *
Bonhams Bonhams is a privately owned international auction house and one of the world's oldest and largest auctioneers of fine art and antiques. It was formed by the merger in November 2001 of Bonhams & Brooks and Phillips Son & Neale. This brought to ...
, auctioneer (mostly in the retail space) *
Corcoran Group Corcoran Group is an American real estate firm founded in 1973 by Barbara Corcoran. History Barbara Corcoran, a former diner waitress, founded her own real estate company in 1973 with a $1,000 loan. In 2001, Barbara Corcoran sold her company t ...
, real estate brokerage *
Crowell & Moring Crowell & Moring is an international law firm headquartered in Washington, DC, with offices in New York City, Los Angeles, San Francisco, Orange County, Chicago, Indianapolis, Denver, London, Brussels, Doha, and Shanghai. With approximately 600 l ...
, law firm *
Colony NorthStar DigitalBridge Group, Inc. is a global digital infrastructure investment firm. The company owns, invests in and operates businesses such as cell towers, data centers, fiber, small cells, and edge infrastructure. Headquartered in Boca Raton, Digita ...
, private equity real estate *
Morgan Stanley Morgan Stanley is an American multinational investment management and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in more than 41 countries and more than 75,000 employees, the fir ...
, financial services *
Regus IWG plc, formerly Regus, is a British holding company.IWG PLC
Bloomberg. Accessed June 2021.
It provide ...
, industrial services *
Tourneau Tourneau, LLC, is a luxury watch retailer established in 1900 and based in the United States. In 2018 Tourneau was purchased by the European retailer, Bucherer AG. The company carries over 8,000 styles of men’s and women’s watches from nearly ...
, watch retailer (in the retail space)


Critical reception

Before construction commenced, ''New York Times'' architecture writer
Paul Goldberger Paul Goldberger (born in 1950) is an American author, architecture critic and lecturer. He is known for his "Sky Line" column in ''The New Yorker''. Biography Shortly after starting as a reporter at ''The New York Times'' in 1972, he was assign ...
said in July 1978, "IBM promises to be a dignified addition to midtown Manhattan", despite his feeling that the design was "conservative indeed". As construction proceeded, Goldberger remained ambivalent about the tower, saying that the pentagonal shape and cantilevered entrance were "dramatic gestures" but that the facade looked too much like stone.
Der Scutt Der Scutt (October 17, 1934 – March 14, 2010) was an American architect and designer of a number of major and notable buildings throughout New York City and the United States. Scutt worked on Trump Tower next to the Tiffany & Co. fla ...
, architect of the neighboring Trump Tower, said in 1981 in response to criticism of 550 and 590 Madison Avenue: "I can't find anything oppressively hideous in IBM or AT&T. What is wrong with 'a showcase of superscale' in a city that prides itself as being culturally ecstatic about skyscrapers?" Goldberger was greatly disappointed when the building was completed, writing in 1983 that the design has "generally fallen short of expectations", particularly in its atrium, entrance, and facade. He strongly preferred the design of 535 Madison Avenue three blocks south, also designed by Barnes. Architectural critic
Brendan Gill Brendan Gill (October 4, 1914 – December 27, 1997) was an American journalist. He wrote for ''The New Yorker'' for more than 60 years. Gill also contributed film criticism for ''Film Comment'', wrote about design and architecture for Architectu ...
likewise said of IBM: "Their idea of social awareness was to include a museum and an atrium lobby. They forgot that the building destroys the scale of the area." Martin Filler also disliked the design of the facade and atrium, though he praised Heizer's fountain as "superb". After the renovation of the atrium, Goldberger still disapproved of its design, saying that the "Zen"-like quality of the original atrium "is now compromised". In the book ''New York 2000'',
Robert A. M. Stern Robert Arthur Morton Stern, usually credited as Robert A. M. Stern (born May 23, 1939), is a New York City–based architect, educator, and author. He is the founding partner of the architecture firm, Robert A.M. Stern Architects, also known a ...
wrote that the IBM Building "was a challenge to the prevailing Modernist taste for glass, but it lacked the iconoclastic panache" of
Philip Johnson Philip Cortelyou Johnson (July 8, 1906 – January 25, 2005) was an American architect best known for his works of modern and postmodern architecture. Among his best-known designs are his modernist Glass House in New Canaan, Connecticut; the po ...
's pink-granite design of 550 Madison Avenue. There was also praise of the building. ''Architectural Record'' said in 1984: "The IBM Building may share with he_Seagram_Building.html" ;"title="Seagram_Building.html" ;"title="he Seagram Building">he Seagram Building">Seagram_Building.html" ;"title="he Seagram Building">he Seagram Buildingthe honor of being one of the two best Modern Movement skyscrapers yet built". Mildred Schmertz of the same magazine said that, with his design for 590 Madison Avenue, Barnes "has demonstrated that a building that faithfully follows the esthetic canons of the Modern Movement can, like postmodernism, be 'contextual'." Ada Louise Huxtable wrote that "IBM's taut, refined skin of granite and glass upstages AT&T like a suave fashion model next to a fussy dowager in a home-made dress". The New York State Association of Architects gave the building its 1984 Award of Excellence, saying: "This building may be eventually labeled as one of the very great skyscrapers of the 20th century." Some critics also regarded the atrium highly. Anthony Paletta of ''
The Daily Beast ''The Daily Beast'' is an American news website focused on politics, media, and pop culture. It was founded in 2008. It has been characterized as a "high-end tabloid" by Noah Shachtman, the site's editor-in-chief from 2018 to 2021. In a 20 ...
'' said in 2022 that 590 Madison Avenue "features a very appealing atrium" in addition to the lobby's large collection of art. Architectural critic Donald Martin Reynolds said the atrium and street "are ingeniously combined so that there is no loss of space, each one flowing into the other".


See also

*
List of tallest buildings in New York City New York City, the most populous city in the United States, is home to over 7,000 completed high-rise buildings of at least , of which at least 95 are taller than . The tallest building in New York is One World Trade Center, which rises ...


References


Notes


Citations


Sources

* * * *


External links

* {{Midtown North, Manhattan Edward Larrabee Barnes buildings IBM facilities Madison Avenue Midtown Manhattan Office buildings completed in 1983 Skyscraper office buildings in Manhattan Skyscrapers on 57th Street (Manhattan) 1983 establishments in New York City