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 71 commercial real estate properties and investments with an aggregate gross asset value of approximately $20.5 billion, comprising approximately 31.4 million square feet of commercial properties, inclusive of approximately 6.0 million square feet of buildings securing debt and preferred equity investments, a multi-family residential portfolio of approximately 2,500 units under operation or development, and control of development rights for an additional approximately 3,700 multi-family and for sale units in the New York Metropolitan area as of June 30, 2019. Gross asset value 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.