The $171 Million Transformation: 5 Shocking Facts About 1100 Avenue Of The Americas (Now 2 Bryant Park)

Contents

The iconic Midtown Manhattan office building, long known as 1100 Avenue of the Americas, has completed one of the most dramatic repositioning projects in the city's commercial real estate market, signaling a new era for the property. As of December 24, 2025, the transformation is complete, and the building, now officially rebranded as 2 Bryant Park, stands as a premier example of modern architectural revitalization, having shed its former dark facade for a sleek, transparent glass curtain wall. This deep dive reveals the most critical and surprising developments, from a massive tenant shift to the stunning new amenities that have redefined the structure's presence opposite the famed Bryant Park.

This comprehensive renovation and new identity come at a crucial time for the Midtown office sector, proving that strategic capital investment can turn an aging asset into a highly competitive, Class A destination. The building, which historically served as the headquarters for media giant HBO, has been completely modernized to meet the demands of today's corporate tenants, securing a monumental deal that solidifies its future for decades to come.

The New Era of 2 Bryant Park: A Complete Profile

The building at 1100 Avenue of the Americas has a rich history, but its current identity as 2 Bryant Park is defined by its recent, multi-million dollar overhaul. This is the essential profile of the revitalized New York City landmark.

  • Former Address: 1100 Avenue of the Americas (Sixth Avenue)
  • New Name: 2 Bryant Park
  • Location: Corner of West 42nd Street and Sixth Avenue, directly across from Bryant Park.
  • Height/Stories: 15 Stories
  • Total Size: Approximately 386,000 square feet (SF)
  • Original Construction Year: 1983
  • Major Renovation/Repositioning Year: 2022–2025
  • Owner/Developer: Brookfield Properties (in partnership with The Swig Company)
  • Renovation Architect: MdeAS Architects
  • Former Anchor Tenant: HBO (The "HBO Building")
  • New Anchor Tenant: Bank of America
  • Recent Financing: Secured a $171 million loan from Bank of America itself

1. The Anchor Tenant Shock: Bank of America Takes the Entire Building

The single most significant piece of news regarding 1100 Avenue of the Americas is the complete change of its anchor tenant. For years, the building was known colloquially as the "HBO Building," serving as the headquarters for the premium cable network. However, that era is definitively over.

The 386,000 SF Full-Building Lease

The new tenant is the financial behemoth Bank of America, which has signed a deal to occupy the entire 386,000 square feet of office space. This monumental transaction is a massive vote of confidence in the Midtown Manhattan office market and the quality of the building's repositioning. Securing a single tenant for the entire property eliminates leasing risk and provides immediate stability for the developers, Brookfield Properties and The Swig Company.

The bank’s decision to consolidate its presence in the neighborhood, including its existing space across the street, highlights the strategic value of the location. The deal is a testament to the "flight to quality" trend, where major corporations are willing to pay a premium for brand-new, highly amenitized, and architecturally significant office space.

2. A Dramatic Architectural Re-Cladding and Design Concept

The physical transformation of 1100 Avenue of the Americas is arguably the most visually striking development. The original 1983 building featured a darker, more dated facade, typical of its era. The renovation, spearheaded by MdeAS Architects, focused on a core concept: transparency and connection to the surrounding urban environment, particularly Bryant Park.

From Dark Stone to Glass Curtain Wall

The exterior has been completely re-clad with a sleek, modern, unitized glass curtain wall. This change dramatically increases the amount of natural light flooding the interior floors and provides tenants with clearer, unobstructed views of the park and the bustling Sixth Avenue corridor. The repositioning essentially gave the 15-story structure a completely new, contemporary skin, making it appear as a brand-new building.

The architectural shift also involved major structural modifications to the ground floor and lobby. The lobby was relocated and redesigned to be a double-height space, further enhancing the feeling of transparency and grandeur upon entry.

3. New Amenities: The Rooftop Terrace Overlooking Midtown

Modern office buildings must offer more than just desk space; they require high-end amenities to attract and retain tenants. The renovation of 2 Bryant Park delivers a key feature that capitalizes on its prime location: a stunning outdoor terrace.

Panoramic Views of Iconic Landmarks

The building now features a new rooftop terrace that provides tenants with a sought-after outdoor amenity space. This terrace offers panoramic views of some of Manhattan's most famous landmarks, including:

  • The lush greenery of Bryant Park
  • The majestic Empire State Building
  • The distinctive gothic facade of the American Radiator Building (now the Bryant Park Hotel)
  • The nearby One Bryant Park tower

This amenity space enhances the employee experience, offering a retreat from the dense urban environment and a unique venue for corporate events, further boosting the building's competitive edge in the Midtown Manhattan commercial real estate market.

4. The Power of Location: A True Bryant Park Address

The rebranding from 1100 Avenue of the Americas to 2 Bryant Park is a strategic move that emphasizes the building's most valuable asset: its proximity to the park. While the building sits on Sixth Avenue, its corner position on West 42nd Street places it directly adjacent to the park's vibrant atmosphere, a major draw for modern office workers.

The Bryant Park neighborhood is a hub of activity, offering immediate access to major transportation lines, including the subway and Port Authority Bus Terminal, as well as the New York Public Library. The area is considered a highly desirable submarket within Midtown, often attracting high-profile financial and media tenants like Bank of America and Marathon Asset Management.

5. A $171 Million Financial Endorsement from the Tenant

The depth of Bank of America’s commitment to the property is underscored by its financial involvement beyond the lease itself. The bank provided a significant $171 million financing package to Brookfield, the building's owner.

This self-financing arrangement is highly unusual and speaks volumes about the tenant's conviction in the long-term value and stability of the repositioned asset. By providing the loan, Bank of America essentially backed the renovation project that created its new headquarters, securing its future in a prime Midtown location and demonstrating the strength of the partnership between the developer and the world-class tenant. This financial maneuver is a powerful indicator of the building's success in its transformation from the former HBO Building to the modern, high-value asset it is today.

1100 avenue of the americas
1100 avenue of the americas

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