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Steve Cuozo
Business
Realty check
July 2, 2023 | 12:49 p.m
The owner of the GM building at 767 Fifth Avenue wants to make sure its tech-savvy tenants fit in, too.
On the second floor of the tower, home to the iconic Apple Cube, a new, 35,000-square-foot, second-floor amenity center, Savoy Club, will come with an 18,000-square-foot wellness at Savoy Club, boasting features such as a spin studio. , a yoga room, a gym with cardio equipment and luxury locker rooms and make-up stations.
The nearly two million-square-foot tower at Fifth Avenue and East 59th Street is part of a campaign by majority owner BXP (formerly Boston Properties) to make it more competitive — and hip — during the slowest office-leasing season in the city’s history.
“Access to safety resources is just as important as compensation, location and facilities in any work environment,” said Hilary Spahn, executive vice president of BXP’s New York region, in a tough market.
That’s not what GM is hurting for: 93% is leased to high-profile tenants including Grosvenor, PPP, Weil Gotshall and Barron’s Capital.
The Savoy Club includes a new café with coffee products from La Colombe, artisanal bakeries and breakfast and lunch options, as well as a state-of-the-art conference center.
The one dressed in marble, A 1968-vintage Mama Apple Cube was widely installed in the plaza when the building was owned by Harry McCullough. Another former owner is marked TRUMP in large gold letters on the front.
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