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At the time, the average annual rent for "premium" Midtown office space was $85.28 per square foot ($917.9/m 2) per year. [95] The high rents were in part because 712 Fifth Avenue was near the Plaza Hotel ; nearby buildings such as the Solow Building , the Carnegie Hall Tower , the General Motors Building , and 888 Seventh Avenue also had high ...
Five years later, in June 2007, Somerset Partners bought 450 Park Avenue for $509 million, or $1,566 per square foot ($16,860/m 2). This made it the highest price per square foot paid for an office building at the time in the United States. [4] To pay for the building, Somerset Partners signed a $175 million loan.
The southeast and northeast corners are covered with granite, concealing the elevator shafts inside. [14] The center of the Broadway facade contains a granite arch measuring 100 feet (30 m) tall. [8] [14] [15] According to Lapidus, he wanted the arch's design to evoke the design of Wurlitzer organs from the 1930s and 1940s.
The Vietnam Veterans Memorial, a two-acre (8,100 m 2) site in Washington, D.C. featuring two black granite walls engraved with the names of those service members who died or remain missing in the Vietnam War. In the construction industry, black rocks that share the hardness and strength of granitic rocks are known as black granite.
Granite (/ ˈ ɡ r æ n ɪ t / GRAN-it) is a coarse-grained intrusive igneous rock composed mostly of quartz, alkali feldspar, and plagioclase.It forms from magma with a high content of silica and alkali metal oxides that slowly cools and solidifies underground.
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