22 West 48th Street
This mid-century beauty is a Class A building located in the heart of the Plaza District. Built in 1955, its prime location across from the Waldorf Astoria quickly established it as an office space suited to the powerful players in New York City. Designed by noted architects Emery Roth & Sons, 300 Park Avenue faced demolition but was saved when the building’s namesake Colgate-Palmolive, decided to renew their lease in 2019.
A recent lobby renovation in 2021 introduced a sleek modern look with modular white furniture, stunning marble walls, and matte stainless-steel pillars and elevators. The massive living wall and tropical plants soften the modern angles and create a sense of spaciousness and calm. The building’s 14-story base and unusual setbacks at the back of the building create an almost nautical appearance to the façade’s prominent outward-facing angle. More substantial renovations in 1998 and 2000 included a new HVAC system, fire alarm, and envelope with high-performance windows, aluminum spandrel panels, and retail space. Green features earned the building LEED silver certification.
The high-demand location in the Plaza District offers convenient access to transportation, including the Grand Central Terminal. High-end shopping at Saks Fifth Avenue, Burberry, The Trunk Club and Louis Vuitton are all within walking distance, and tenants can grab a bite to eat at Duke’s Eatery on the main floor or entertain clients at the endless list of dining options nearby, including Casa Lever, Fasano’s, and Urban Space.
There is 773,056 SF of office space in the Colgate-Palmolive Building with 26 floors.
In hand with Colgate-Palmolive and property owner Tishman Speyer, 300 Park Avenue is home to a diverse collection of sectors with a noted concentration of organizations in finance.
Major tenants include:
Expect to see higher asking rents at 300 Park Avenue, reflecting the luxe location averaging between $76 to $93 per square foot. The Plaza District epitomizes prestige, and it will cost you to set up shop here. However, you can also take advantage of lower rents often found through subleases.
The Colgate-Palmolive Building is minutes from Grand Central Terminal and subway lines, including the 4, 5, 6, and 7 trains.
Renovations in 2000 included a new façade and green upgrades to achieve LEED silver-certification. The lobby was also recently redone with well-appointed modern details suited to the discerning visitors and tenants of the area. Amenities include:
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