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885 Third Avenue

Floor/Suite: 

Partial Suites 2400ACD & 2600BCD

Size: 

2,716 – 6,957 RSF

Lease type:

Direct

Condition:

Pre-built

Multiple Space Available:

  • Suite 2400A - 6,957 SF
    • 13 offices and 2 workstations
  • Suite 2400C - 3,392 SF
    • 4 offices and 9 workstations
  • Suite 2400D - 2,716 SF
    • 3 offices and 6 workstations
  • Suite 2600D - 4,359 SF
    • 6 offices and 3 workstations
  • Suite 2600C - 4,694 SF
    • 5 offices and 15 workstations
  • Suite 2600B - 3,847 SF
    • 5 offices and 9 workstations
  • High-end pre-build pending
  • 885 Third Avenue (Lipstick Building)
  • between East 53rd and 54th Streets
  • Owned by: SL Green Realty Corp.
  • Class: A
  • 636,192 Total RSF
  • 34 floors
  • Amenities: Lobby Attendant 24/7, On-site Restaurant, Newly-renovated lobby

Building Details

  • The Lipstick Building, Philip Johnson’s classic, stepped cylindrical tower at 885 Third Avenue, is getting a facelift and shedding the skin of its red, 1980s stone lobby.
  • The 453-foot-tall tower between East 53rd and East 54th streets was originally developed by Hines in 1985, with Johnson and his business partner John Burgee overseeing the design.
  • The Lipstick Building has since passed through many owners: Tishman Speyer, Metropolitan Real Estate, Royal Canadian Bank, Ceruzzi Properties and, most recently, SL Green Realty, which took over the property in 2020 after Ceruzzi defaulted on its mortgage for the land beneath the building.
  • So the restaurant has been ripped out and replaced by a smaller cafe and a coffee shop, which star chef Daniel Boulud will operate. The rest of the lobby has been reclad in shades of white and gray. Workers removed red stone from the large, circular structural columns, which have been repainted white, and white marble replaced the red stone parquet floor.
  • The exterior walls of the elevator lobby and building core are now covered in a stained, dark gray wooden paneling. The reception desk was also moved front and center from its former location off to one side, and replaced with a long block of brown and gray veined marble. Behind the desk — which is also in front of the gray wooden wall — is a large sculpture of flat, red parallelograms, created by German Modernist artist Imi Knoebel.
  • Other updates include new LED lighting in the ceiling, elevator labs reclad with gray wooden walls, new black leather benches on either side of the reception desk, and new stainless steel turnstiles. The circular exterior lobby windows have been reclad, and the spandrels have been repainted white from their original red.
    • New Lobby with Coffee Bar
    • New Elevator Cabs
    • Façade Restoration and Cleaning
    • Upgraded Landscaping
    • Wolfgang’s Steakhouse On-Site

As of 01-18-2024

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