Olayan

January 23, 2023

Michelin-starred restaurateur to open new dining concept at 550 Madison Avenue

Simon Kim, the restaurateur who founded the Michelin-starred COTE Korean Steakhouse, will be opening a new dining concept inside the landmark 550 Madison Avenue. The new "multi-faceted" concept will span 15,000 square feet across three floors at the tower's base, boast soaring 60-foot ceilings, and provide direct access to the building's new landscaped, half-acre public garden. Olayan Group is currently leading a renovation of 550 Madison Avenue, which was designed by Philip Johnson and John Burgee in the 1980s as the world's first postmodern skyscraper.
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November 17, 2022

See Snøhetta’s lush public garden now open at 550 Madison Avenue

The new public garden at Philip Johnson's 550 Madison Avenue building opened this week, the final component of the postmodern landmark's renovation led by the Olayan Group. Designed by Snøhetta, the lush privately-owned public space (POPS) is located adjacent to 550 Madison in a formerly enclosed mid-block passageway. Increasing the public space at the site by 50 percent, the half-acre garden is now the largest in Midtown East.
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September 30, 2021

A 24-ton stone sphere is hanging in the lobby of Philip Johnson’s 550 Madison Avenue tower

A massive blue spherical stone now hangs in the lobby of the landmarked office building 550 Madison Avenue, part of a broader project to revitalize Philip Johnson's postmodern gem. The Olayan Group on Wednesday unveiled the renovated space, a project which included preserving the 110-foot arched entry, adding a multi-story window across from the entrance with views through to the new garden, still under construction, and the centerpiece art commission. Designed by artist Alicja Kwade, who had a solo exhibition at the Metropolitan Museum of Art's roof garden in 2019, the art installation includes a 24-ton Azul Macaubas stone sphere hanging from ten polished stainless steel chains only 12 feet above the floor.
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January 14, 2020

See inside the amenity spaces at Philip Johnson’s 550 Madison Avenue

The Olayan Group released a new batch of renderings giving us a sneak peek inside the amenity floor at 550 Madison Avenue. Designed by Rockwell Group, the seventh floor offers a mix of “hospitality-driven” spaces for tenants, including food and beverage options, lounges, shared workspaces, and fitness and wellness areas. The center of it all will be the iconic Philip Johnson-designed oculus—which greets visitors as soon as they step off the elevator on the club floor—framed by two floor-to-ceiling artworks by Dorothea Rockburne, which were commissioned in 1993 specifically for the building.
Have a look around
January 7, 2020

Snøhetta’s transformed public garden at 550 Madison Avenue receives final city approvals

The privately-owned public space (POPS) on the ground floor of Philip Johnson and John Burgee’s Postmodern skyscraper at 550 Madison Avenue declined over time due to multiple alterations and was often described as being “tall, skinny, and dark.” As part of Snøhetta’s transformation of the landmark, the garden is receiving a lot of attention. In December, developer Olayan Group revealed plans to increase the public space by 50 percent while creating “a welcoming sensory retreat in the heart of East Midtown.” After being approved by the Landmarks Preservation Commission last year, the open space has now received its final approval from the Department of City Planning.
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October 22, 2019

New lobby renderings revealed for Phillip Johnson’s 550 Madison Avenue

It's been two years since developers unveiled their plans for a $300 million renovation of 550 Madison Avenue, helmed by architecture firm Snøhetta. Built in 1984 to the designs of Philip Johnson and John Burgee, the 647-foot building was the world’s first postmodern skyscraper. After several revisions, the renovation plans were approved by the LPC in February, and now, developer the Olayan Group has revealed the first renderings of the lobby. Most notably, the interior designs respect the 110-foot arched entryway and vaulted ceilings and add a window overlooking the proposed new public garden in the rear arcade.
More details ahead
February 13, 2019

Landmarks approves Snøhetta’s new designs for Phillip Johnson’s 550 Madison Avenue

In December, 6sqft reported that architecture firm Snøhetta had unveiled a preservationist-friendly revision to a controversial design for an updated AT&T building at 550 Madison Avenue; last month brought more details from the firm's proposal that was submitted to the Landmarks Preservation Commission (LPC). The most recent design is one of several revisions, each followed by controversy over being seen by preservationists as diverting too much from the building’s original design by Philip Johnson and John Burgee. Yesterday LPC approved the new preservation-friendly designs–with some modifications. The office tower is now on track to reopen in 2020.
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January 14, 2019

Get a closer look at Snøhetta’s new designs for Phillip Johnson’s 550 Madison Avenue

In December, 6sqft reported that architecture firm Snøhetta had unveiled a preservationist-friendly revision to a controversial design for an updated AT&T building at 550 Madison Avenue. Now you can get a look at the full details of the Certificate of Appropriateness proposal that will be presented to the Landmarks Preservation Commission (LPC) tomorrow. The latest design is one of several revisions, each followed by controversy over being seen by preservationists as diverting too much from the building’s original design by Philip Johnson and John Burgee. In addition to comparisons to the original, new designs must consider the subsequent revamp that made it the Sony building in 1994, which replaced the building’s open Madison Avenue arcade with “Sony Experience” storefronts and covered a rear public arcade with a glass roof.
Compare the new with the old
December 5, 2018

Snøhetta reveals more preservation-friendly redesign for Philip Johnson’s 550 Madison

Architecture firm Snøhetta unveiled this week a preservationist-friendly revision to a controversial design for an updated AT&T building at 550 Madison Avenue. The latest design is one of several revisions, each followed by controversy over being seen by preservationists as diverting too much from the building’s original design by Philip Johnson and John Burgee. In addition to comparisons to the original, new designs have had to consider the subsequent revamp that made it the Sony building in 1994, which replaced the building's open Madison Avenue arcade with “Sony Experience” storefronts and covered a rear public arcade with a glass roof.
'Hands off my Johnson'
July 31, 2018

LPC landmarks Philip Johnson’s AT&T Building at 550 Madison

This morning the Landmarks Preservation Commission voted to designate the AT&T building at 550 Madison Avenue as an individual landmark. Designed by Philip Johnson and completed in 1984, the world’s first postmodern skyscraper originally served as the AT&T headquarters. A decade later, Sony moved in and it became known as the Sony Tower. Recently, a growing roster of preservationists and architects have been urging the LPC to landmark the building after plans surfaced showing significant changes to its architecture.
So what happens now?
June 20, 2018

Preservationists, architects urge LPC to landmark Philip Johnson’s AT&T Building

During a nearly two-hour public hearing on Tuesday, passionate preservationists, architects, and community groups testified in front of the Landmarks Preservation Commission in support of designating the postmodern skyscraper at 550 Madison Avenue as an individual landmark. Best known as the AT&T Building, the 37-story tower was designed by Philip Johnson, along with his partner John Burgee, and completed in 1984. As postmodernism's first skyscraper, 550 Madison has stood out for its pink-gray granite facade, arched entryway and Chippendale-inspired crown. A wide range of people on Tuesday voiced support for giving 550 Madison landmark designation, including architectural critic Paul Goldberger. In his testimony, Goldberger cited his own 1978 New York Times review of the building, before it was built, when he called the AT&T Building "a major monument" of postmodernism and "the most provocative and daring skyscraper to be proposed for New York since the Chrysler Building."
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October 30, 2017

Snøhetta tapped as lead architect for $300M Sony Building restoration

Over the last few years, plans to refurbish the former headquarters of AT&T and Sony Building at 550 Madison Avenue have come and gone, including a proposal to convert the upper floors into luxury condos designed by Robert A.M. Stern. Now, with those plans long abandoned, Olayan America and Chelsfield revealed plans on Monday for a $300 million renovation of the tower, modernizing the lower levels of the building with high-quality amenities and a sprawling 21,000-square-foot public garden. With Snøhetta as lead architect, the renovation will be the first major project in East Midtown since its revitalization plan was approved earlier this year.
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April 25, 2016

Chetrit to Sell Sony Building, Abandons Plans for Robert A.M. Stern-Designed Condos

In a very unexpected twist, The Real Deal has learned that the Chetrit Group is selling the Sony Building, scrapping its flashy plans to convert the office building's upper floors to luxury condos designed by none other than Robert A.M. Stern. Olayan America, a division of the Saudi conglomerate Olayan Group, is in contract to purchase 550 Madison Avenue, partnering with European and Asian asset manager Chelsfield. According to the Post, they'll pay between $1.4 and $1.5 billion, a profit of at least $300 million for Chetrit. In a statement, Olayan said they'll lease space to "high-quality commercial tenants."
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