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One Court Square

April 12, 2024

For the office building on Lexington Avenue in Manhattan, see Citigroup Center.

One Court Square, also known as the Citicorp Building or the Citigroup Building, is a 50-story, 673-foot (205 m) office tower in Long Island City, Queens, across the East River from Manhattan in New York City, United States. It was completed in 1989 and designed by Skidmore, Owings & Merrill for Citigroup. The building was the tallest in Queens from its completion until the topping out of Skyline Tower in 2019, and for many years was the only skyscraper in Long Island City. It is now home to telecommunications firm Altice USA, whose logo adorns the top of the building, among other tenants.

One Court Square
General information
TypeOffice
Completed1989; 35 years ago (1989)
Height
Roof673 ft (205 m)
Technical details
Floor count50
Floor area1,400,000 sq ft (130,000 m2)
Design and construction
Architect(s)Skidmore, Owings, and Merrill

Design edit

One Court Square was designed by Raúl de Armas of Skidmore, Owings and Merrill and is owned by Savanna.[1][2] The building has a green-tinted glass-wrapped facade, and rises a height of 673 feet (205 m) and 50 stories above ground.[2][a] It has no setbacks until near the top, where it culminates in a pyramidal shape.[1] It has 27 passenger elevators, 4 freight elevators, and 6 escalators.[citation needed] The interior contains 1.4 million square feet (130,000 m2) of rentable space.[4] Its official address is 2501 Jackson Avenue.[2]

The tower had been the tallest building in New York state outside of Manhattan, and the tallest building on Long Island, for 30 years.[7] In 2019, the building was surpassed by the Brooklyn Point Tower and the Skyline Tower, becoming the third tallest building on Long Island and the second tallest building in Queens.[8][9] Later, in 2021, it was also surpassed in Queens by Queens Plaza Park, which rises to 755 feet (230 m).[10][11]

It is distinguished from the Citigroup Center in Manhattan, which is across the street from Citigroup's former main headquarters at 399 Park Avenue. The buildings are one stop apart on the New York City Subway's IND Queens Boulevard Line (E and ​M trains); Citigroup Center is near Lexington Avenue–53rd Street, while One Court Square is right above Court Square–23rd Street, the next station east.

History edit

 
Entrance to the building

Citicorp, the largest bank in the United States at the time,[1] announced plans to build an office tower in Long Island City in Queens in 1985.[12][13] It was commissioned by the bank to supplement its nearby headquarters at Citicorp Center in Manhattan, and partly financed by the sale of more than 30 floors at Citicorp Center – a deal The New York Times described as "unusual".[14] Because of its proximity to LaGuardia Airport, the plans for the tower were reviewed by the Federal Aviation Administration.[15] The project was approved by the New York City Planning Commission in 1986,[16] and construction began by 1987. Turner Construction was the lead contractor, and Skidmore, Owings and Merrill was the architectural firm.[17] The construction site was occupied by a parking lot at the time, and was previously the site of a hospital.[18]

The tower, officially known as One Court Square, opened in 1989 as the tallest building in the borough, surpassing the North Shore Towers in Glen Oaks.[19][7] It cost $250 million.[20] The development benefitted from city subsidies, including tax incentives and concessions on utilities, that aimed to persuade Manhattan firms considering a move to New Jersey to stay in the city.[21] The tax breaks amounted to $97 million over 13 years.[20] In exchange, Citicorp funded a $8.5 million improvement to the nearby Court Square–23rd Street station and created a 16,000 square feet (1,500 m2) plaza for public use. It also built a 750-car parking garage nearby.[14] Citicorp initially intended to lease part of the building, but eventually decided to occupy the entire space itself.[14] 4,000 employees were expected to work in the building upon completion.[19] A year later, its tax-assessed value was $114 million, making it the most valuable building in the borough.[22]

At the time, the tower stood alone in a mainly industrial district; The New York Times described it in 2009 as "marooned amid a sea of low-lying warehouses and auto repair shops",[23] and a contemporary review of the building noted that because of its isolation, "we perceive this tower with greater intensity than almost any other skyscraper in the city."[1] The reception in the neighborhood was mixed: many residents feared it would spur overcrowding and rent increases, while businesses were pleased with the prospects for further economic development in the neighborhood.[19][14][20] Five years later, the area was little changed.[24]

Citigroup sold the building in 2005 to Reckson Associates Realty Corporation for $470 million, while maintaining a 15-year lease.[25][21][26] A second building, Two Court Square, was constructed for Citigroup on an adjacent lot in 2007, though plans for a third building were scrapped and a commercial district that the city envisioned would coalesce around the new construction did not materialize, in part due to the Great Recession.[21]

In 2012, Brooklyn real estate investors Joel Schreiber and David Werner purchased One Court Square for $481 million from Stephen L. Green's SL Green and JPMorgan Asset Management.[27] In 2014, it was purchased by Savanna Realty.[28] In 2020, the Citi logo was removed from the building and replaced with a logo of telecommunications company Altice USA, whose headquarters had been in the building since 2017. Citi's lease expired in the same year.[29]

In 2021, Consolidated Edison performed a $5 million retrofit of the building's HVAC systems for greater energy efficiency, described as the largest such retrofit of an office building in the company's history.[30]

Tenants edit

WNYZ-LD (also known as Voice of NY Radio Korea) broadcasts from the top of the building, as do various low power television stations.[citation needed]

Since 2017, the building has housed the headquarters of Altice on its top floors.[31] In 2018 the building was selected to provide up to 25 floors to Amazon[32] as part of one of its three Amazon HQ2 locations. However, the Amazon HQ2 location in New York City was later canceled.[33] As of 2023, Centene leased 500,000 square feet (46,000 m2), and the New York City School Construction Authority was to occupy 350,000 square feet (33,000 m2) across 11 floors starting in 2024.[6]

For 30 years, the Queens Library operated a branch on the ground floor of the building, paying a nominal rent of $1 a year. It left the building when its original lease expired.[28]

See also edit

References edit

  1. ^ a b c d Goldberger, Paul (October 23, 1988). "Alone In Queens, An Unlikely Tower Scrapes The Sky". The New York Times. Retrieved August 28, 2023.
  2. ^ a b c "One Court Square". The Skyscraper Center. CTBUH. from the original on April 24, 2019. Retrieved July 10, 2019.
  3. ^ White, Norval; Willensky, Elliot; Leadon, Fran (2010). AIA Guide to New York City (5th ed.). Oxford University Press. p. 760. ISBN 978-0-19-538386-7.
  4. ^ a b Holusha, John (February 8, 2006). "A Long Island City Awakening". The New York Times. Retrieved August 28, 2023.
  5. ^ Jackson, Kenneth T., ed. (2010). The Encyclopedia of New York City (2nd ed.). New Haven: Yale University Press. p. 254. ISBN 978-0-300-11465-2.
  6. ^ a b Murray, Christian (January 6, 2023). "Northwell Health to Take Space at One Court Square in LIC, Open Urgent Care Facility". LIC Post. Retrieved August 28, 2023.
  7. ^ a b Paybarah, Azi; Oats, David (2003). . Queens Tribune. Archived from the original on February 12, 2007. Retrieved February 13, 2007.
  8. ^ Ricciulli, Valeria (October 11, 2019). "Tallest skyscraper in Queens tops out at 778 feet". Curbed NY. Retrieved October 12, 2019.
  9. ^ Alexa, Alexandra (April 16, 2019). "Extell's 720-foot Brooklyn Point tops out, becomes tallest tower in borough". 6sqft. Retrieved April 17, 2019.
  10. ^ Young, Michael (December 9, 2018). "Long Island City's Future Tallest Skyscraper, Skyline Tower, Now Rising Above Street Level". New York YIMBY.
  11. ^ Young, Michael (December 10, 2018). "Exclusive New Rendering Revealed for Durst's Queens Plaza Park in Long Island City". New York YIMBY.
  12. ^ Kennedy, Shawn G. (November 26, 1989). "Commercial Property: Long Island City; Ambitious Projects Delayed as Conversions Proceed". The New York Times. Retrieved August 29, 2023.
  13. ^ "Big Citicorp Plan". The New York Times. July 28, 1985. Retrieved August 29, 2023.
  14. ^ a b c d Depalma, Anthony (August 7, 1988). "A Giant to Dominate Low-Rise Queens". The New York Times. Retrieved August 29, 2023.
  15. ^ Dunlap, David W. (December 18, 1986). "Long Island City Looking to the Sky". The New York Times. Retrieved August 29, 2023.
  16. ^ Finder, Alan (July 10, 1986). "Two Major Tower Projects Advance". The New York Times. Retrieved August 29, 2023.
  17. ^ Oser, Alan S. (May 17, 1987). "British Airways Lands in Jackson Heights". The New York Times. Retrieved August 29, 2023.
  18. ^ Gottlieb, Martin (December 16, 1985). "Citicorp To Decentralize, Plans Queens Complex". The New York Times. Retrieved August 29, 2023.
  19. ^ a b c Chira, Susan (June 23, 1989). "2 Visions of the Future Compete in Long Island City". The New York Times. p. B2. Retrieved July 31, 2023.
  20. ^ a b c Kurtz, Howard (January 25, 1989). "American Journal". The Washington Post. Long Island City. Retrieved July 31, 2023.
  21. ^ a b c Bagli, Charles V. (February 23, 2015). "New Housing to Benefit as Citigroup Sells Queens Site". The New York Times. Retrieved August 28, 2023.
  22. ^ Buder, Leonard (January 17, 1990). "New York City Real Estate's Value Rising by 10.8%". The New York Times. Retrieved August 28, 2023.
  23. ^ Tarquinio, J. Alex (July 28, 2009). "Cleaning the Grit Off Long Island City". The New York Times. Retrieved August 28, 2023.
  24. ^ Lambert, Bruce (February 6, 1994). "Citicorp's Tower: Still a Majestic Misfit". The New York Times. Retrieved August 29, 2023.
  25. ^ "Metro Briefing; New York: Queens: Office Tower Sold". The New York Times. May 5, 2005. ISSN 0362-4331. Retrieved November 8, 2020.
  26. ^ Marshall, Randi F. (May 5, 2005). "Reckson buys Citi tower". Newsday. p. A52.
  27. ^ Putzier, Konrad (December 1, 2017). "The story of WeWork's mysterious first investor". The Real Deal.
  28. ^ a b Murray, Christian (November 30, 2020). "Queens Public Library Offered Space in 5Pointz Development for Court Square Branch". LIC Post. Retrieved August 28, 2023.
  29. ^ Bolger, John (July 9, 2020). "Citi Logos Removed from One Court Square, a Sign of the Times". LIC Post. Retrieved November 8, 2020.
  30. ^ Kaye, Jacob (July 23, 2021). "One Court Square gets green makeover". Queens Daily Eagle. Retrieved August 28, 2023.
  31. ^ "Telecom giant Altice to relocate Long Island HQ to One Court Square: report". The Real Deal New York. June 15, 2017. Retrieved November 8, 2020.
  32. ^ Goodman, J. David (November 13, 2018). "Amazon Is Getting at Least $1.7 Billion to Come to Queens. Now Comes the Fight Over Whether It's Worth It". The New York Times.
  33. ^ Morris, Keiko (November 9, 2018). "Landlord, Facing Loss of a Big Tenant, Pins Hopes on Amazon HQ2". The Wall Street Journal. New York City. Retrieved November 9, 2018.

Notes edit

  1. ^ Some sources state 48 floors,[3][4][5] or 53.[6]

External links edit

  •   Media related to One Court Square at Wikimedia Commons
  • One Court Square Official site
  • One Court Square

40°44′49.5″N 73°56′38″W / 40.747083°N 73.94389°W / 40.747083; -73.94389

April 12, 2024
court, square, office, building, lexington, avenue, manhattan, citigroup, center, also, known, citicorp, building, citigroup, building, story, foot, office, tower, long, island, city, queens, across, east, river, from, manhattan, york, city, united, states, co. For the office building on Lexington Avenue in Manhattan see Citigroup Center One Court Square also known as the Citicorp Building or the Citigroup Building is a 50 story 673 foot 205 m office tower in Long Island City Queens across the East River from Manhattan in New York City United States It was completed in 1989 and designed by Skidmore Owings amp Merrill for Citigroup The building was the tallest in Queens from its completion until the topping out of Skyline Tower in 2019 and for many years was the only skyscraper in Long Island City It is now home to telecommunications firm Altice USA whose logo adorns the top of the building among other tenants One Court SquareGeneral informationTypeOfficeCompleted1989 35 years ago 1989 HeightRoof673 ft 205 m Technical detailsFloor count50Floor area1 400 000 sq ft 130 000 m2 Design and constructionArchitect s Skidmore Owings and Merrill Contents 1 Design 2 History 3 Tenants 4 See also 5 References 6 Notes 7 External linksDesign editOne Court Square was designed by Raul de Armas of Skidmore Owings and Merrill and is owned by Savanna 1 2 The building has a green tinted glass wrapped facade and rises a height of 673 feet 205 m and 50 stories above ground 2 a It has no setbacks until near the top where it culminates in a pyramidal shape 1 It has 27 passenger elevators 4 freight elevators and 6 escalators citation needed The interior contains 1 4 million square feet 130 000 m2 of rentable space 4 Its official address is 2501 Jackson Avenue 2 The tower had been the tallest building in New York state outside of Manhattan and the tallest building on Long Island for 30 years 7 In 2019 the building was surpassed by the Brooklyn Point Tower and the Skyline Tower becoming the third tallest building on Long Island and the second tallest building in Queens 8 9 Later in 2021 it was also surpassed in Queens by Queens Plaza Park which rises to 755 feet 230 m 10 11 It is distinguished from the Citigroup Center in Manhattan which is across the street from Citigroup s former main headquarters at 399 Park Avenue The buildings are one stop apart on the New York City Subway s IND Queens Boulevard Line E and M trains Citigroup Center is near Lexington Avenue 53rd Street while One Court Square is right above Court Square 23rd Street the next station east History edit nbsp Entrance to the buildingCiticorp the largest bank in the United States at the time 1 announced plans to build an office tower in Long Island City in Queens in 1985 12 13 It was commissioned by the bank to supplement its nearby headquarters at Citicorp Center in Manhattan and partly financed by the sale of more than 30 floors at Citicorp Center a deal The New York Times described as unusual 14 Because of its proximity to LaGuardia Airport the plans for the tower were reviewed by the Federal Aviation Administration 15 The project was approved by the New York City Planning Commission in 1986 16 and construction began by 1987 Turner Construction was the lead contractor and Skidmore Owings and Merrill was the architectural firm 17 The construction site was occupied by a parking lot at the time and was previously the site of a hospital 18 The tower officially known as One Court Square opened in 1989 as the tallest building in the borough surpassing the North Shore Towers in Glen Oaks 19 7 It cost 250 million 20 The development benefitted from city subsidies including tax incentives and concessions on utilities that aimed to persuade Manhattan firms considering a move to New Jersey to stay in the city 21 The tax breaks amounted to 97 million over 13 years 20 In exchange Citicorp funded a 8 5 million improvement to the nearby Court Square 23rd Street station and created a 16 000 square feet 1 500 m2 plaza for public use It also built a 750 car parking garage nearby 14 Citicorp initially intended to lease part of the building but eventually decided to occupy the entire space itself 14 4 000 employees were expected to work in the building upon completion 19 A year later its tax assessed value was 114 million making it the most valuable building in the borough 22 At the time the tower stood alone in a mainly industrial district The New York Times described it in 2009 as marooned amid a sea of low lying warehouses and auto repair shops 23 and a contemporary review of the building noted that because of its isolation we perceive this tower with greater intensity than almost any other skyscraper in the city 1 The reception in the neighborhood was mixed many residents feared it would spur overcrowding and rent increases while businesses were pleased with the prospects for further economic development in the neighborhood 19 14 20 Five years later the area was little changed 24 Citigroup sold the building in 2005 to Reckson Associates Realty Corporation for 470 million while maintaining a 15 year lease 25 21 26 A second building Two Court Square was constructed for Citigroup on an adjacent lot in 2007 though plans for a third building were scrapped and a commercial district that the city envisioned would coalesce around the new construction did not materialize in part due to the Great Recession 21 In 2012 Brooklyn real estate investors Joel Schreiber and David Werner purchased One Court Square for 481 million from Stephen L Green s SL Green and JPMorgan Asset Management 27 In 2014 it was purchased by Savanna Realty 28 In 2020 the Citi logo was removed from the building and replaced with a logo of telecommunications company Altice USA whose headquarters had been in the building since 2017 Citi s lease expired in the same year 29 In 2021 Consolidated Edison performed a 5 million retrofit of the building s HVAC systems for greater energy efficiency described as the largest such retrofit of an office building in the company s history 30 Tenants editWNYZ LD also known as Voice of NY Radio Korea broadcasts from the top of the building as do various low power television stations citation needed Since 2017 the building has housed the headquarters of Altice on its top floors 31 In 2018 the building was selected to provide up to 25 floors to Amazon 32 as part of one of its three Amazon HQ2 locations However the Amazon HQ2 location in New York City was later canceled 33 As of 2023 update Centene leased 500 000 square feet 46 000 m2 and the New York City School Construction Authority was to occupy 350 000 square feet 33 000 m2 across 11 floors starting in 2024 6 For 30 years the Queens Library operated a branch on the ground floor of the building paying a nominal rent of 1 a year It left the building when its original lease expired 28 See also editList of tallest buildings in New York City List of tallest buildings in QueensReferences edit a b c d Goldberger Paul October 23 1988 Alone In Queens An Unlikely Tower Scrapes The Sky The New York Times Retrieved August 28 2023 a b c One Court Square The Skyscraper Center CTBUH Archived from the original on April 24 2019 Retrieved July 10 2019 White Norval Willensky Elliot Leadon Fran 2010 AIA Guide to New York City 5th ed Oxford University Press p 760 ISBN 978 0 19 538386 7 a b Holusha John February 8 2006 A Long Island City Awakening The New York Times Retrieved August 28 2023 Jackson Kenneth T ed 2010 The Encyclopedia of New York City 2nd ed New Haven Yale University Press p 254 ISBN 978 0 300 11465 2 a b Murray Christian January 6 2023 Northwell Health to Take Space at One Court Square in LIC Open Urgent Care Facility LIC Post Retrieved August 28 2023 a b Paybarah Azi Oats David 2003 Citicorp Leads Queens To The Skies Queens Tribune Archived from the original on February 12 2007 Retrieved February 13 2007 Ricciulli Valeria October 11 2019 Tallest skyscraper in Queens tops out at 778 feet Curbed NY Retrieved October 12 2019 Alexa Alexandra April 16 2019 Extell s 720 foot Brooklyn Point tops out becomes tallest tower in borough 6sqft Retrieved April 17 2019 Young Michael December 9 2018 Long Island City s Future Tallest Skyscraper Skyline Tower Now Rising Above Street Level New York YIMBY Young Michael December 10 2018 Exclusive New Rendering Revealed for Durst s Queens Plaza Park in Long Island City New York YIMBY Kennedy Shawn G November 26 1989 Commercial Property Long Island City Ambitious Projects Delayed as Conversions Proceed The New York Times Retrieved August 29 2023 Big Citicorp Plan The New York Times July 28 1985 Retrieved August 29 2023 a b c d Depalma Anthony August 7 1988 A Giant to Dominate Low Rise Queens The New York Times Retrieved August 29 2023 Dunlap David W December 18 1986 Long Island City Looking to the Sky The New York Times Retrieved August 29 2023 Finder Alan July 10 1986 Two Major Tower Projects Advance The New York Times Retrieved August 29 2023 Oser Alan S May 17 1987 British Airways Lands in Jackson Heights The New York Times Retrieved August 29 2023 Gottlieb Martin December 16 1985 Citicorp To Decentralize Plans Queens Complex The New York Times Retrieved August 29 2023 a b c Chira Susan June 23 1989 2 Visions of the Future Compete in Long Island City The New York Times p B2 Retrieved July 31 2023 a b c Kurtz Howard January 25 1989 American Journal The Washington Post Long Island City Retrieved July 31 2023 a b c Bagli Charles V February 23 2015 New Housing to Benefit as Citigroup Sells Queens Site The New York Times Retrieved August 28 2023 Buder Leonard January 17 1990 New York City Real Estate s Value Rising by 10 8 The New York Times Retrieved August 28 2023 Tarquinio J Alex July 28 2009 Cleaning the Grit Off Long Island City The New York Times Retrieved August 28 2023 Lambert Bruce February 6 1994 Citicorp s Tower Still a Majestic Misfit The New York Times Retrieved August 29 2023 Metro Briefing New York Queens Office Tower Sold The New York Times May 5 2005 ISSN 0362 4331 Retrieved November 8 2020 Marshall Randi F May 5 2005 Reckson buys Citi tower Newsday p A52 Putzier Konrad December 1 2017 The story of WeWork s mysterious first investor The Real Deal a b Murray Christian November 30 2020 Queens Public Library Offered Space in 5Pointz Development for Court Square Branch LIC Post Retrieved August 28 2023 Bolger John July 9 2020 Citi Logos Removed from One Court Square a Sign of the Times LIC Post Retrieved November 8 2020 Kaye Jacob July 23 2021 One Court Square gets green makeover Queens Daily Eagle Retrieved August 28 2023 Telecom giant Altice to relocate Long Island HQ to One Court Square report The Real Deal New York June 15 2017 Retrieved November 8 2020 Goodman J David November 13 2018 Amazon Is Getting at Least 1 7 Billion to Come to Queens Now Comes the Fight Over Whether It s Worth It The New York Times Morris Keiko November 9 2018 Landlord Facing Loss of a Big Tenant Pins Hopes on Amazon HQ2 The Wall Street Journal New York City Retrieved November 9 2018 Notes edit Some sources state 48 floors 3 4 5 or 53 6 External links edit nbsp Media related to One Court Square at Wikimedia Commons One Court Square Official site One Court Square 40 44 49 5 N 73 56 38 W 40 747083 N 73 94389 W 40 747083 73 94389 Retrieved from https en wikipedia org w index php title One Court Square amp oldid 1190412235, wikipedia, wiki, book, books, library,

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