450 Lexington Avenue is a premier, Class A office building in the Grand Central Submarket, located between 44th and 45th Streets in Midtown Manhattan.
Built in 1992 by architecture firm Skidmore, Owings & Merrill, 450 Lexington Avenue is one of the few modern assets in the Grand Central area. The building boasts superior exterior as well as interior finishes.
The RXR platform manages 74 commercial real estate properties and investments with an aggregate gross asset value of approximately $17.7 billion, comprising approximately 23.7 million square feet of commercial operating properties and approximately 6,000 multi-family and for sale units in various stages of development in the New York Metropolitan area as of September 30, 2017, adjusted for transactions through October 18, 2017. Gross asset value is compiled by RXR Realty in accordance with company fair value measurement policy and is comprised of capital invested by RXR and its partners, as well as leverage.