Rockefeller Group
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Formerly | Metropolitan Square Corporation |
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Company type | Subsidiary |
Industry | Real estate |
Headquarters | , United States |
Parent | Mitsubishi Estate Co. |
Website | rockefellergroup |
Rockefeller Group International, Inc. is an American private company based in New York City, primarily involved in real estate operations in the United States and it is a subsidiary of Mitsubishi Group. The company began with the development of Rockefeller Center. Mitsubishi Estate, a real estate company of the Mitsubishi Group, purchased the Rockefeller Group in 1989.[1][2]
After completing the original 6,000,000-square-foot (560,000 m2), Art Deco complex from 1931 to 1939 (the company name was then the Metropolitan Square Corporation), the company developed several towers in the immediate vicinity from the late 1940s into the 1950s and 1960s.[citation needed] It entered into a partnership with Time Inc. and constructed a 48-story building for the company, 1271 Avenue of the Americas, that opened in 1959.[3] By the early 1970s, it had added three more International Style towers to Rockefeller Center, more than doubling the size of the original complex.[4]
Today, Rockefeller Group maintains an ownership/management position in the 7,700,000 square feet (720,000 m2) of office space that makes up Rockefeller Center's western corridor (the newer buildings located west of Sixth Avenue). The eastern and original part of the Center is now owned by Tishman Speyer (who also serves as manager) and the Lester Crown family of Chicago, Illinois.
References
[edit]- ^ Stern, Robert A. M.; Fishman, David; Tilove, Jacob (2006). New York 2000: Architecture and Urbanism Between the Bicentennial and the Millennium. New York: Monacelli Press. p. 578. ISBN 978-1-58093-177-9. OCLC 70267065. OL 22741487M.
- ^ Cole, Robert J. (October 31, 1989). "Japanese Buy New York Cachet With Deal for Rockefeller Center". The New York Times. ISSN 0362-4331. Retrieved November 15, 2017.
- ^ "Time's Tenants Begin Moving In" (PDF). The New York Times. December 22, 1959. Archived from the original on March 20, 2022. Retrieved December 4, 2017.
- ^ Prial, Frank J. (June 17, 1982). "22 Acres Of Real Estate That Generate Millions". The New York Times. ISSN 0362-4331. Retrieved November 23, 2017.
External links
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