590 Madison Avenue | |
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General information | |
Status | Complete |
Type | Office |
Coordinates | 40°45′44″N 73°58′21″W / 40.76225°N 73.97237°WCoordinates: 40°45′44″N 73°58′21″W / 40.76225°N 73.97237°W |
Construction started | 1979 |
Completed | 1983 |
Cost | $10 million |
Owner | Odyssey |
Height | |
Roof | 603 ft (184 m) |
Technical details | |
Floor count | 41 |
Floor area | 93,592 m2 (1,007,420 sq ft) |
Lifts/elevators | 24 |
Design and construction | |
Architect | Edward Larrabee Barnes & Associates |
Developer | IBM |
Structural engineer | The Office of James Ruderman |
590 Madison Avenue also known as the IBM Building, is a 603 feet (184 m) tall skyscraper at the corner of East 57th Street and Madison Avenue in New York City, New York. It was completed in 1983 and has 41 floors. The building cost US$10 million, has 93,592 square metres (1,007,420 sq ft) of floor area, has 24 elevators, and is the 89th tallest building in New York. Edward Larrabee Barnes & Associates designed the building, and IBM developed it. IBM sold the tower to Odyssey in 1994. As of December 2007, 98% of the building is leased.
590 Madison Avenue is an office building formerly owned by IBM. It was completed in 1983, and was used by numerous IBM branch offices until it was sold to Odyssey in 1994. The building, located on Madison Avenue between 56th and 57th Streets in Manhattan, New York City, is still named for IBM and the global technology firm remains a major tenant. As a 41 story building, its height reaches 603 feet (184 m). It has a unique wedge shape and an adjacent, privately owned public space covered by a glass structure, which contains resting chairs, tables, and bamboo trees, and is used for pedestrian circulation, resting, amenities, art displays and cultural events.
In 1961 the city reformed its zoning ordinance. The new zoning solution used the Floor Area Ratio (FAR) regulation instead of setback rules. A building’s maximum floor area is regulated according to the ratio that was imposed to the site where the building is located. Another feature of new zoning solution was adjacent public open space. If developers put adjacent public open space to their buildings, they could get additional area for their building as a bonus. This incentive bonus rule was created because of the strong influence from two representative skyscrapers. The Seagram building by Mies van der Rohe with Philip Johnson, and the Lever House by Skidmore, Owings & Merrill introduced the new ideas about office building with open space. These buildings changed the skyline of New York City with both the advent of simple glass box design and their treatment of adjacent open spaces. The new zoning encouraged privately owned public space to ease the density of the city.