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Topic: MetLife Building

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In the News (Tue 22 Jan 19)

  The Midtown Book -The MetLife (formerly the Pan Am) Building   (Site not responding. Last check: 2007-11-06)
On the one hand, the building is a marvel of robust engineering and circulation in its interconnections with the terminal and is the finest example in the United States of the Brutalist School of architecture for its form is aggressive and sure and it is a paradigm of well-planned, impressive and very efficient public spaces.
The New York Central Building, now known as the Helmsley Building (see The City Review article) at 230 Park Avenue, straddled the avenue with remarkable grace and its distinguished pyramid, Chateau-inspired roof was the great centerpiece of Park Avenue.
Historically, this building was erected at a time when large office tenants wanted large floors to minimize the inconvenience of having to shuttle between several floors.
www.thecityreview.com /panam.html   (1718 words)

 MetLife Building Giant Customer Relational DB
MetLife is using middleware to consolidate customer data from more than 30 business systems owned by companies that it has acquired during the past several years.
MetLife CIO Tony Candito said the project, which was started more than a year ago, will allow the company to shift from an individual product or line-of-business model to an enterprise/customer focus.
MetLife is using an IBM Shark storage system to store the gold copy of the customer data.
www.computerworld.com /printthis/2002/0,4814,66912,00.html   (669 words)

 The Real Deal - Building sales to double 2004 record
Preliminary reports suggest that building sales volume for the first quarter of 2005 in Manhattan was almost $9 billion, which puts it on pace to reach $36 billion, more than double last year's results, according to Cushman and Wakefield.
Although the MetLife Building sold for more than the GM Building, Evans points out that on a per square foot basis, the MetLife Building sold for less, and that the GM Building is worth a lot more than the 200 Park Avenue building.
MetLife bought the 58-story property in 1981, and will maintain offices in the building, as well as retaining signage rights for the property.
www.therealdeal.net /issues/May_2005/1114620270.php   (1608 words)

 MetLife may sell Manhattan landmark - 02/17/05   (Site not responding. Last check: 2007-11-06)
New York's MetLife building, the octagonal skyscraper Pan American World Airways built in the middle of Park Avenue in 1963, may be sold.
MetLife Inc., the biggest U.S. life insurer, is "gauging interest right now" in its signature building and the company's former headquarters on Madison Avenue, spokesman John Calagna said.
The 808-foot MetLife building would be the most expensive available in New York and the first to fetch more than $1 billion since Conseco Inc. and developer Donald Trump sold the General Motors Building to Harry Macklowe for $1.4 billion in 2003.
www.detnews.com /2005/business/0502/17/C08-92118.htm   (529 words)

 Metlife Expanding Into New Tampa
MetLife was one of the first Wall Street companies to move operations to the Tampa Bay area: It opened its first service center here in 1969, hiring 225 people.
MetLife is moving most of its local workers to Highwoods Preserve, but some will remain in West Shore at One Metro Center, the 11-story office tower at 4010 W. Boy Scout Blvd.
MetLife officials said in June that it would buy two buildings, encompassing a combined 300,000 square feet of office space, at Highwoods Preserve for $24.5 million.
www.tampachamber.com /ci_viewnews.asp?id=999   (422 words)

New York, NY -- (December 6, 2001) - MetLife yesterday announced that Insignia/ESG has been awarded the management and office/retail leasing of the 2.8 million-square foot MetLife Building 200 Park Avenue, and the 425,000-square foot Fred F. French Building at 551 Fifth Avenue.
Like the MetLife building, 551 Fifth is fully-leased and accommodates at its base Morton's Restaurant and women's wear retailer New York Look.
MetLife, a subsidiary of MetLife, Inc. (NYSE: MET), is a provider of insurance and other financial services to individual and group customers.
www.rebuz.com /transact/1201transact/metlife_building.htm   (496 words)

 Met's move may impact race for Verizon building Real Estate Weekly - Find Articles   (Site not responding. Last check: 2007-11-06)
But the building's rising cost, driven up by feverish late-round competition, may not be the only thing that will thin the herd of bidders and help wrap the sale up.
The announcement that the MetLife building is up for sale may cause some Verizon bidders to reconsider the aggressiveness of their bids--and effectively take them out of the running--in an effort to reallocate financing towards the MetLife building's mammoth $1.8 billion estimated price tag.
The Verizon building, on the other hand, will be nearly completely empty when its current owner vacates and will require a major campaign and investment of capital to lease it up and build out its spaces.
www.findarticles.com /p/articles/mi_m3601/is_28_51/ai_n12937541   (435 words)

 The Midtown Book - The Helmsley Building   (Site not responding. Last check: 2007-11-06)
The city's other great drive-through building is the Municipal Building, which straddles Chambers Street downtown, but its drive-through has long been closed, has no turns, and is primarily used by the brilliant city managers of the city as a garbage dump and executive parking.
The elevator cabs have ceilings painted with clouds, which was appropriate when the building was erected as it towered over the uniform rooflines of Park Avenue that coincided approximately with height of the tower's base.
In the summer of 1998, the building was sold by Leona Helmsley, the widow of Harry B. Helmsley, to Richard Kalikow.
www.thecityreview.com /helmsley.html   (600 words)

 Commercial Real Estate A Tower’s Big Time Restoration; MetLife’s Immense Clock Gets a Detailed Overhaul, ...   (Site not responding. Last check: 2007-11-06)
That speaks to the obsessive level of detail in the rehabilitation of the MetLife Tower, which is not only the insurance company’s home office but a civic cynosure, with its 26-foot-6-inch-diameter clock dials, six-foot bells and eight-sided beacon, 700 feet in the sky, atop a cupola newly regilded with 23.75-carat Italian gold leaf.
MetLife will be eligible for a federal tax credit equal to 20 percent of the certified rehabilitation costs for preserving a building on the National Register of Historic Places, in a program overseen by the Interior Department and state preservation officials.
There were other reasons for a painstaking renovation.“Redoing the building on the cheap would undermine its economic viability,” said Kevin Foley, a MetLife vice president.“The tower is an important piece of Manhattan real estate and an important asset of the company.” It also has“intrinsic value to the brand and the corporate image,” he said.
www.graciano.com /na_detail.asp?newsID=27   (1230 words)

 MetLife Building, New York City
The MetLife Building won the 1994/1995 BOMA Operating Building of the Year Award in the over 500,000 square feet category.
The MetLife Building is the focal point for Park Avenue, stretching from East Forty-Third to East Forty-Fifth Street.
The MetLife logo on top supports the nest for a pair of peregrine falcons which were introduced to manage the pigeon population.
www.emporis.com /en/wm/bu/?id=114533   (326 words)

 New York City - Flatiron Building, Madison Square Park and Metropolitan Life building pictures and history
Although it wasn't the city's first skyscraper, first steel-skeleton building or ever the worlds tallest building — all things that are traditionally associated with the Flatiron Building — it was the first building to become a romantic symbol of New York.
One of the earliest buildings — and possibly the tallest in New York at the time — to utilize a steel frame with non-load-bearing facades, the Flatiron was meant to resemble a classical column with a protruding and ornamented base and top.
The massive art deco North Building next to the MetLife Tower was originally planned to be 100 stories tall to return the title of 'worlds tallest' back to the Metropolitan Life Insurance Company, but the Great Depression halted construction at 29 floors in 1932.
www.inetours.com /New_York/Pages/Flat_Iron.html   (916 words)

 Law.com - MetLife Wins Injunction Blocking Use of Bank Logo Near Signature Building
MetLife had spent more than $100 million a year advertising its brand, a logo it has been using since 1968.
In this case, since MetLife was seeking a preliminary injunction to block MetBank from using its logo at a new branch, the litigants could not survey consumers to find the level of confusion between the marks.
Instead, MetLife's expert conducted a survey of potential customers and found that 38 percent of the test group believed MetBank was associated or directly owned by MetLife.
www.law.com /jsp/article.jsp?id=1120579809187   (751 words)

 Credit Suisse - About Us - Press Room
MetLife currently has approximately 2,200 employees in One Madison Avenue, which consists of a 12 floor main building and a 41-floor tower.
MetLife will lease all of One Madison Avenue to CSFB and lease back 260,000 square feet of the building, which includes the 10th through 41st floors of the tower and the 11th floor of the main building.
MetLife is utilizing existing MetLife locations as well as exploring new locations to relocate the remainder of the affected MetLife employees.
www.csfb.com /news/html/2001/january_23_2001.shtml   (594 words)

 Metropolitan Life Insurance Company - Wikipedia, the free encyclopedia (via CobWeb/3.1 planet03.csc.ncsu.edu)   (Site not responding. Last check: 2007-11-06)
MetLife, Inc. NYSE: MET is the holding corporation for the Metropolitan Life Insurance Company or MetLife for short.
This building is currently the domiciliary headquarters of the company and is the location of its historic board room; the leadership of MetLife is based in Long Island City, NY.
Metlife received a 100% rating on the Corporate Equality Index released by the Human Rights Campaign starting in 2003, the second year of the report.
en.wikipedia.org.cob-web.org:8888 /wiki/MetLife   (409 words)

The unlikely man chosen to wake up MetLife is not a seasoned insurance executive but a man who hails from the operations side of a Wall Street brokerage house.
MetLife's other major business, providing corporations with insurance to offer their employees, is going strong: It has a 22% market share here.
Agents in MetLife's Tampa office were found to have sold life insurance to nurses with the ruse that it was a retirement plan.
www.businessweek.com /1998/50/b3608114.htm   (1788 words)

 MetLife CEO Joins Leaders of Tishman Speyer Properties, N.Y. Blood Center to Celebrate Opening of New Blood Donor ...   (Site not responding. Last check: 2007-11-06)
MetLife CEO Joins Leaders of Tishman Speyer Properties, N.Y. Blood Center to Celebrate Opening of New Blood Donor Center in MetLife Building...
The presentation was followed by a ribbon-cutting ceremony, after which, VIP representatives from MetLife, Tishman Speyer Properties and NYBC rolled-up their sleeves and became the first donors for the new state-of-the-art blood donation center.
MetLife "spokesbeagle" Snoopy was also on hand to take photos and "rub paws" with those in attendance.
releases.usnewswire.com /GetRelease.asp?id=113-06172005&site=rss   (469 words)

 MetLife Building on Flickr - Photo Sharing!
MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company or MetLife for short.
The building would be renamed the MetLife Building in 1992, after Pan Am went out of business.
This building is currently the domiciliary headquarters of the company and is the location of its historic board room.
www.flickr.com /photos/checco/305866938   (227 words)

 MetLife Skyscraper Sells for $1.7 Billion
The wall-like office tower is also known as the MetLife Building, which is visibly written along the building’s top floors.
On Wednesday, MetLife pocketed $916 million for another Manhattan tower, One Madison Avenue, located twenty blocks south of the MetLife Building.
While the MetLife Building has fetched one of the highest prices of any Manhattan property, many New Yorkers still despise the property.
nreionline.com /news/metlife_building_sells_1_billion   (234 words)

 Pan Am Building
The Metlife building, still known as the Pan Am Building is probably the one skyscraper most New Yorkers would like to see demolished.
The 246 meter tall building was completed in 1963 and incorporates an immense 390,700 m2 office space.
In 1981 the building was sold to Metlife insurance company for $400 million and is now called Metlife Building.
www.newyorkbestoffer.com /nyc/panam.htm   (361 words)

 MetLife Building biography .ms (via CobWeb/3.1 planet03.csc.ncsu.edu)   (Site not responding. Last check: 2007-11-06)
The MetLife Building, formely the Pan Am Building is located at 200 Park Avenue in New York City.
Pan American World Airways was the building's owner for many years, and their logo was prominently visible at the top of four faces of the building.
When PanAm ceased operations in 1991, the Metropolitan Life Insurance Company, which had offices in the building, replaced the PanAm logos with its own, renaming the building the MetLife Building.
pan-am-building.biography.ms.cob-web.org:8888   (236 words)

 MetLife Building - Landmarks - New York Magazine
The MetLife Building's distinct octagonal shape has straddled the steel canyons of Park Avenue since 1963.
With the style’s decline after the 1970s, ascending value has made the building home to some of the most expensive real estate in Midtown, but the 60-story tower is perhaps most notorious for dwarfing the regal Helmsley Building in front of it, once considered the centerpiece of Park Avenue.
Longtime New Yorkers may remember a helicopter accident on the building's rooftop helipad in 1977 that killed five people, but these days the only thing that passers-by are likely to glimpse landing up top are one of the Peregrine falcons that nest on the MetLife sign.
nymag.com /listings/attraction/metlife-building/index.html   (276 words)

 NY Construction News Awards 2002 Best Rehabilitation Project of the Year to Graciano, 12/10/2002 - Graciano Corparation ...   (Site not responding. Last check: 2007-11-06)
The MetLife Building is registered as both a New York City landmark and a National Historic Landmark.
As masonry contractor for the full-scale restoration of the MetLife Building, Graciano Corporation cleaned, pointed, replaced, patched and stabilized both limestone and marble; replaced lintels; cleaned and reset mosaic tile in the clock faces; and restored the copper arms of hour and minute hands.
To prevent damage to the building, some stone had to be removed so that the scaffolding and the hoist could be secured to the inner framework of the building.
www.graciano.com /na_detail.asp?newsID=23   (703 words)

 New York Architecture Images-  Helmsley Building
The middle part of the building, flanked by 15-storey wings on the sides, rises as a tower to the pilastered top and the pyramidal roof, topped by a copper-clad lantern at 172.5 m.
The electrification and subsequent covering of the yards enabled the continuation of Park Avenue to the north and the construction of new buildings (with curious foundations) to the area, among them this one.
The 141,200 m² building was owned by the Helmsley-Spear Management until August 1998, when the developers Max Capital purchased it for $253 million, although the deal was made only under the condition that the building would officially remain as a Helmsley namesake.
www.nyc-architecture.com /MID/MID033.htm   (411 words)

 [No title]
How buildings are made, and what they are made of, has huge consequences for the health of their occupants, too.
He offers evidence that improving the air filtration in existing buildings can result in tens of millions fewer cases of asthma, colds, flu, and other afflictions known or thought to be environmentally related.
The Green Building Council has tracked national green development over the last decade and found that the average up-front or "first" costs of green buildings are 2 to 7 percent higher than for standard models.
www.citylimits.org /content/articles/articleView.cfm?articlenumber=1115   (3495 words)

 Park Ave in New York City with the Helmsley Building and MetLife Buildings in the background. pictures from new york ...
Park Ave in New York City with the Helmsley Building and MetLife Buildings in the background.
The 34 story Helmsley Building at 45th street and Park Avenue is a gem to be compared to other famous New York Buildings.
It is the only building in the city where street actually run through the building.
travel.webshots.com /photo/1090852748031860892fWoDtf   (139 words)

 Tishman will buy MetLife building
Tishman Speyer Properties LP agreed to buy New York's MetLife Building from the largest US life insurer for US$1.72 billion in the most expensive New York skyscraper deal since the World Trade Centre was leased for a record US$3.2 billion in 2001.
Taken together, MetLife expects to record a net gain of US$1.17 billion on the two deals once they close in the second quarter.
Wechsler and Rob Speyer, Tishman's director in charge of New York, and son of chief executive Jerry Speyer, were fresh from an all-night coffee-fueled negotiating session with MetLife executives at the insurer's offices in Morristown, New Jersey, where its property operation is quartered.
www.chinadaily.com.cn /english/doc/2005-04/04/content_430692.htm   (492 words)

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