Rockefeller Group International, Inc. is an American private company based in
New York City
New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...
, primarily involved in real estate operations in the United States and it is a subsidiary of
Mitsubishi Group
The is a group of autonomous Japanese multinational companies in a variety of industries.
Founded by YatarÅ Iwasaki in 1870, the Mitsubishi Group traces its origins to the Mitsubishi zaibatsu, a unified company that existed from 1870 to 1946 ...
. The company began with
the development of
Rockefeller Center
Rockefeller Center is a complex of 19 commerce, commercial buildings covering between 48th Street (Manhattan), 48th Street and 51st Street (Manhattan), 51st Street in the Midtown Manhattan neighborhood of New York City. The 14 original Art De ...
.
Mitsubishi Estate
is one of the largest real estate developers in Japan and is involved in property management and architecture research and design.
As of 2018, Mitsubishi Estate has the most valuable portfolio in the Japanese real estate industry, with a total ...
, a real estate company of the Mitsubishi Group, purchased the Rockefeller Group in 1989.
After completing the original ,
Art Deco
Art Deco, short for the French (), is a style of visual arts, architecture, and product design that first Art Deco in Paris, appeared in Paris in the 1910s just before World War I and flourished in the United States and Europe during the 1920 ...
complex from 1931 to 1939 (the company name was then the Metropolitan Square Corporation), the company developed several towers in the immediate vicinity from the late 1940s into the 1950s and 1960s. It entered into a partnership with
Time Inc. and constructed a 48-story building for the company,
1271 Avenue of the Americas, that opened in 1959. By the early 1970s, it had added three more
International Style
The International Style is a major architectural style and movement that began in western Europe in the 1920s and dominated modern architecture until the 1970s. It is defined by strict adherence to Functionalism (architecture), functional and Fo ...
towers to Rockefeller Center, more than doubling the size of the original complex.
Today, Rockefeller Group maintains an ownership/management position in the of office space that makes up Rockefeller Center's western corridor (the newer buildings located west of Sixth Avenue). The eastern and original part of the Center is now owned by
Tishman Speyer (who also serves as manager) and the
Lester Crown
Lester Crown (born June 7, 1925) is an American businessman and is the son of Chicago financier Henry Crown (died 1990), who created the Material Service Corporation with two brothers in 1919, which merged with General Dynamics in 1959.
Crown ...
family of Chicago, Illinois.
References
External links
Company website
Group
A group is a number of persons or things that are located, gathered, or classed together.
Groups of people
* Cultural group, a group whose members share the same cultural identity
* Ethnic group, a group whose members share the same ethnic iden ...
Rockefeller family
Companies based in Manhattan
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