Americas Tower
1177 Avenue of the Americas | Times Square | built 1988
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The city photographed every building for its tax records around 1940 and again in the 1980s. NYC Municipal Archives.
Written with AI from the source each entry cites, then fact-checked.
- 1989
Construction of Americas Tower stops in its first year because of lawsuits
Work on the 50-story office tower at Sixth Avenue and 45th Street began in 1989, with completion expected in 1991. In December 1989 construction was halted because of lawsuits. Work did not restart until February 1991.
Source: Wikipedia
- 1992
Swanke Hayden Connell's tower opens in pink granite with art deco and postmodern touches
Americas Tower was finished in 1992 at 692 feet and 50 stories. Swanke Hayden Connell Architects designed it in a mix of art deco and postmodern styles and clad it in polished reddish-pink granite. The building's address is 1177 Avenue of the Americas, at 45th Street.
Source: Wikipedia
- 2002
A group of German-American investors buys Americas Tower for $500 million
A group of German-American investors paid 500 million dollars for the tower in 2002. Silverstein Properties and CalSTRS bought it in 2007, and another buyer followed in 2025.
Source: Wikipedia
- 2007
Silverstein Properties and CalSTRS buy the tower from Paramount Group for over $1 billion
On December 20, 2007, Silverstein Properties and the California State Teachers' Retirement System bought the building, which they called 1177 Sixth Avenue, from Paramount Group through their joint venture Metro Fund. The price was more than a billion dollars. Tenants then included Pricewaterhouse Coopers and the law firms Dickstein Shapiro and Kramer Levin.
Source: silversteinproperties.com
- 2012
Practising Law Institute leases the entire third floor and parts of the second and fourth
In 2012 Jones Lang LaSalle arranged a 70,000-square-foot lease for Practising Law Institute covering the third floor plus part of the second and fourth floors. By mid-2013 the broker counted five new direct deals for the owner Silverstein Properties totaling 150,000 square feet, including 15,000-square-foot leases for Seer Capital on the 34th floor and Metalmark Capital on the 40th.
Source: Internet Archive
- 2013
The Weather Channel signs a 10-year lease for the sixth floor, moving from East 42nd Street
The Weather Channel took a 10-year lease on 33,626 square feet, the whole sixth floor, relocating from 205 East 42nd Street. A broker cited the floor's 16-foot ceilings and abundant generator power as selling points. Silverstein Properties had worked with the network the year before on a program about ironworkers at 4 World Trade Center.
Source: Internet Archive
- 2017
Kramer Levin renews for 15 years but gives up 50,000 square feet, keeping the concourse and floors 22 to 30
Law firm Kramer Levin Naftalis & Frankel renewed its lease through 2035, holding the concourse and the 22nd through 30th floors. The 265,000-square-foot renewal was reportedly 50,000 square feet smaller than its previous space. The firm has been based in the tower since 2005 and previously occupied floors 19 through 21, according to CoStar.
Source: commercialobserver.com
- 2025
Norges Bank Investment Management buys Americas Tower for $542.6 million
In 2025 Silverstein Properties and CalSTRS sold the tower to Norges Bank Investment Management for 542.6 million dollars. Tenants listed for the building include The Weather Channel on the sixth floor and Kramer Levin Naftalis & Frankel, which occupies the concourse and floors 22 through 30.
Source: Wikipedia
Further reading
- Americas TowerWikipedia
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