How much did 550 Madison Avenue cost to build?
550 Madison Avenue is the 37-story, pink-granite office tower that Philip Johnson and John Burgee designed as AT&T’s Midtown headquarters. Construction began in December 1978, staff first occupied the building in July 1983, and the work was completed in 1984. New York City’s landmark report records a final construction cost of more than $200 million after the project ran late and over budget. The 197.3-metre (647 ft) tower later served as Sony’s headquarters and underwent a separate preservation-led retrofit completed in 2022.
Final project cost
$200 million
Cost basis: 1984
David Shankbone; cropped by Beyond My Ken (talk) 13:28, 30 January 2011 (UTC)CC BY 2.5
Cost evidence
Basis of the published figure
Final project cost1984
Project metrics
Key dimensions
- HeightCouncil on Vertical Urbanism building record
- 197.3 m
- Floor areaNew York City Department of City Planning
- 63,650.1953 m²
Project record