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Before the home office at Madison Square was completed, the Metropolitan Life Insurance Company (now MetLife) had been headquartered at three buildings in Lower Manhattan, [24] [83] [84] all of which have been demolished. [85] Its first headquarters was at 243 Broadway, which the company occupied between 1868 and 1869.
MetLife announced in 2015 that it was consolidating its operations at 200 Park Avenue, with 500,000 square feet (46,000 m 2) of space in the building. [ 248 ] [ 253 ] At the time, Donald Bren, the billionaire owner of the real estate firm Irvine Company , held a 97.3 percent ownership stake in the building.
The North Building had been considered obsolete for the uses of Metropolitan Life (now MetLife), which had moved most of its employees to the MetLife Building in Midtown Manhattan. Credit Suisse First Boston , a subsidiary of Credit Suisse , then leased 1.5 million square feet (140,000 m 2 ) within the building, an agreement that was later ...
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MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company (MLIC), [3] better known as MetLife, and its affiliates. MetLife is among the largest global providers of insurance, annuities, and employee benefit programs, with around 90 million customers in over 60 countries. [4] [5] The firm was founded on March 24, 1868. [6]
1540 Broadway, formerly the Bertelsmann Building, is a 44-story office building on Times Square in the Theater District neighborhood of Manhattan in New York City.Designed by David Childs of Skidmore, Owings & Merrill (SOM), the building was developed by Broadway State Partners, a joint venture between Bruce Eichner and VMS Development. 1540 Broadway occupies a site bounded by Broadway to the ...