General Electric Building
General Electric Building (also known as the 570 Lexington Avenue and the RCA Victor Building) (not to be confused with the "GE Building" at Rockefeller Center) is a gorgeous art deco skyscraper located at the southeast corner of Lexington Avenue and 51st Street. Completed in 1931, the building was briefly owned by Columbia in the late 1990s.
General Electric deeded 570 Lexington Avenue to Columbia as a gift in 1993 because it wasn't making enough money in rent to cover expenses. This wasn't the first time Columbia had been deeded property that lost money. Columbia formed a joint venture with real estate mogul Bernard Mendik and renovated the building. Mendik bought Columbia out in 2001. The site was briefly considered as a home for the Columbia Club.
External links
- http://www.nytimes.com/1995/01/15/realestate/streetscapes-570-lexington-avenue-columbia-s-restoring-an-art-deco-masterpiece.html
- http://www.nytimes.com/1995/11/26/realestate/commercial-property-570-lexington-avenue-aura-another-era-but-so-space.html
- http://spectatorarchive.library.columbia.edu/cgi-bin/columbia?a=d&d=cs19930907-01
- http://www.lookze.com/building.php?Address=570-Lexington-Avenue
