Friday, January 11, 2008

Ogilvy New York Signs Long Term Lease for 554,800 SF HQ Building in Manhattan

Ogilvy Web Site - January 9, 2008

Ogilvy New York will move its entire New York agency and New York-based operating units to 636 Eleventh Avenue in 2009. Ogilvy will occupy all of the 11-story, 554,800 sq. ft building that encompasses the entire eastern block on 11th Avenue between West 46th and West 47th Streets in a long term lease signed with owner, The Hakimian Organization and its partners Peykar Brothers Realty & Gorjian Properties.

The building will carry the "Ogilvy" name and offers unobstructed 360 degree window views of the Hudson River and Midtown Manhattan. Ogilvy has hired award winning architect, Gensler, to reconfigure and design the space according to the agency's specifications. The building will house all of Ogilvy's New York based companies and employees in one building, including Ogilvy & Mather Advertising, OgilvyOne, OgilvyInteractive, Neo@Ogilvy, OgilvyPR, OgilvyAction, the Brand Integration Group, RedWorks and Ogilvy Healthworld.

Ogilvy expects to move to the new space in the spring of 2009. The location is close to a long-proposed extension of the number seven New York Subway Line and several new developments including a luxury hotel by Kimpton.

The building at 636 Eleventh Avenue was built in 1913 and originally housed the Auerbach Chocolate factory. Ogilvy is calling its new space the "Candy Factory." It has high ceilings on the first floor, a courtyard and a roof-top terrace that Ogilvy plans to design as a garden space.

The agency will work with Gensler and other partners to bring the best energy efficient attributes to the space. "Sustainability is a key priority for Ogilvy," said Gunther Schumacher, Ogilvy's Chief Business Operations Officer. "We are working very closely with The Hakimian Organization to make the 'Candy Factory' a green building and get it LEED certified." Sphere: Related Content

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