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The 49-story, 1,591,000-square-foot office tower in ~ 1114 way of the americas is well-known colloquially together the grace Building, after ~ the chemistry conglomerate W.R. Grace, which i was delegated its building in the beforehand 1970s. (W.R. Elegant no longer has offices there.) that is considered one the the premier class A advertising towers in Manhattan.

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The property is owned and operated through a joint endeavor of the Swig Company, which occurred it, and Brookfield, the Canadian large that likewise controls, with its assorted subsidiaries, several other Manhattan properties, including the five-building Brookfield Place and the under-development Manhattan West project.

Some 42,000 square feet of the tower is provided over to retail, when the remainder is office and support-services space, consisting of 65,000 square feet for parking. The common Grace structure floorplate is 31,000 square feet.

The Grace structures tenants incorporate law certain Cooley LLP, executive-search certain Heidrick & Struggles, and also Sybase, a subsidiary of software huge SAP. Office rental fees in the building can start in the $90s every square foot and the tower is most likely one the a handful in Midtown that command in the $100s a foot. Retail tenants incorporate Bluestone lane Coffee and also STK steakhouse.

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Duncan McCuaig handles office leasing at the building; and also Edward Hogan, additionally of Brookfield, handles retail deals. Skidmore, Owings & Merrill draft the elegant Building and it was constructed in 1971, and has been renovated at various points, including a $34 million upgrade of the lobbies and also elevators that was finished in 2014.