Completed in 1982 as the Dillon, Read & Company Building and located at the northeast corner of East 54th Street, today 535 Madison Avenue is also referred to as the Art of American Building and was once described by legendary New York Times architecture critic Paul Goldberger as “one of the most pleasing additions to Midtown in a generation.”
Designed by one of America’s most important Modernist architects – Edward Larrabee Barnes, whose neighboring IBM Building at 57th and Madison remains an equally important Modernist work – in 2008, owners the Park Tower Group invested $5 million to upgrade a variety of 535 Madison’s building systems, which also supported its LEED-EB application. Specifically, it implemented a building-wide recycling and green cleaning program; installed low-flow plumbing fixtures; installed a heat exchanger to reuse waste steam condensate as a heating source for the building’s lower floors; and introduced a Demand Response electricity load-shedding program to reduce energy consumption during peak hours.
535 Madison’s lobby, elevators and plaza were also redesigned by architects Deborah Berke & Partners in connection with the 2008 renovation. The lobby features a wall of white onyx; elevator lobbies and cabs are clad in staved walnut with bronze detailing. Permanent artworks in the lobby include Le Saturnien by Jean Dubuffet (1971) and Le Cirque by Fernand Leger (1954); the auction house Christie’s rotates pieces through an outdoor plaza. During the 1980s, Park Tower was one of the city’s most active commercial developers and frequently engaged that eras “starchitects” for its projects: I.M. Pei at 499 Park Avenue, Helmut Jahn at Park Avenue Tower, and Philip Johnson for its downtown Federal Reserve Plaza.
The 500,000-square-foot Class A office tower was built with concrete and is clad with an insulated, aluminum panel curtain wall featuring tinted, insulated glass. Individual tenant floors are 12 feet from slab to ceiling; a new state-of-the-art building management system controls HVAC delivery. Typical floor plans range from 12,000 to 15,000 square feet.
- 535 Madison Avenue, New York, New York
- Plaza District
- LEED–EB: OM 2009, Gold; Energy Star
- Park Tower Group
- Edward Larrabee Barnes
- Year Built
- Square Footage
- 500,000 square feet
- 95% of Building Tenants Take Public Transportation To Work