731 Lexington Avenue is a mixed-use glass skyscraper on Lexington Avenue, on the East Side of Midtown Manhattan, New York City. Opened in 2004, it houses the headquarters of Bloomberg L.P. and as a result, is sometimes referred to informally as Bloomberg Tower. The building also houses retail outlets, restaurants, and 105 luxury condominiums. The residence section of the building is known as One Beacon Court and is served by a separate entrance.
The building occupies the former site of an Alexander's department store and is owned by the Alexander's real estate investment trust, the successor to the defunct retail chain.
Tenants
left|thumb|Lexington Avenue entrance to Bloomberg Tower, home to Bloomberg L.P.’s headquarters
Although the building was originally planned to be entirely residential, Bloomberg L.P. negotiated a deal with Vornado Realty Trust to lease of office space at the base of the tower. STUDIOS Architecture did the design, which includes rows of uniform desks for approximately 4,000 employees and a large central atrium known as "the Link" that overlooks the courtyard. Paul Goldberger, in the August 6, 2007, issue of The New Yorker magazine, lauded the Bloomberg offices as "a newsroom truly designed for the electronic age ... a dazzling work environment tucked inside a refined but conventional skyscraper." By 2011, Bloomberg L.P. added another of office space at 731 Lexington Avenue and announced plans to expand to an additional in the former Philip Morris building at 120 Park Avenue. Bloomberg pays Alexander's, the owner of the building, $105 million in annual rent.
The PBS commentary series Charlie Rose was formerly produced at 731 Lexington Avenue. Bloomberg Television also has its flagship studios in the building.
Retail tenants included The Home Depot, H&M, and The Container Store.
Residential tenants included Beyoncé, former NBC Nightly News anchor Brian Williams, and Bobby Abreu. Johnny Damon sold his unit for $8 million in 2010. Tina Knowles sold her unit for $5.6 million in 2011. Jack Welch purchased a unit in the building for $6.4 million and Jeffrey Immelt paid just over $4 million for a unit. Hedge fund manager Steven A. Cohen's unit was listed for sale for $67.5 million in 2017. Joseph Betesh, co-owner of hip hop clothing outlet Dr. Jay's, owned an apartment in the building from 2005 to 2013, which is now owned by VFT Investments.
Amenities
Residents have access to concierge services by the London-based Quintessentially Group, as well as use of "The Beacon Club", the 29th-floor amenity space that includes a health club, entertainment suite, children's playroom and business center. Other amenities include a 24-hour doorman, garage, and valet parking.