Carter's Review

The Deutsche Bank Center, a very large, twin-towered, mixed-use building, anchors the southwest corner of Central Park and dominates Columbus Circle.

The complex, which extends from 58^th to 60^th streets, consists of 198 residential condominium apartments, offices, a Mandarin Oriental hotel, a jazz facility for the Lincoln Center for the Performing Arts - which is located a few blocks up Broadway - CNN TV studios and substantial retail spaces.

As developed by the Related Cos., this 750-foot-high project is a major midtown landmark: The luxury restaurants on its fourth floor and the enormous Whole Foods store in its basement make it a major destination for many New Yorkers.

Bottom Line

This sleek, stunning and stupendous project is hard to resist: fabulous vistas; the city’s best grocery; great restaurants; prestigious commercial tenants; a very luxurious hotel; a lot of luxury stores; and great transportation. The Deutsche Bank Center is one of the city’s top buildings and has attracted numerous celebrities.

Description

The Deutsche Bank Center consists of two large towers rising over a curved, low-rise base with a four-story glass wall overlooking Columbus Circle and Central Park South. 

The broad separation between the towers and their height give this gigantic development very nice proportions.

The southern end of the base has a “light” sculpture that extends fully to Eighth Avenue at 58^th Street and is over an important subway station at Columbus Circle. 

The complex extends about half way to Ninth Avenue, with the main office entrance midblock on 58^th Street and the main hotel entrance midblock on 60^th Street.

Its main retail atrium faces Columbus Circle and has escalators down to the sprawling Whole Foods store, which instantly gained a reputation as the finest grocery in the city when it opened. Its atrium has a broad “spine” whose curve mirrors closely that of Columbus Circle. 

The restaurants on the fourth floor, along with the very large cocktail lounge on the 35^th floor lobby in the north tower of the Mandarin Oriental Hotel, command dazzling views of Central Park and the midtown skyline, as does the jazz concert hall atop the atrium.

The project’s apartments occupy the top of the towers, which are both  illuminated at night with quite tall, vertical and angled elements. The apartments in the south tower have a One Central Park address and those in the north tower are The Residences at the Mandarin Oriental. 

The towers appear to be almost identical from some angles but are a bit dissimilar because of their site along the Broadway corridor. 

Furthermore, they are considerably more complex in their massing than is initially apparent as they have large but thin slab protrusions facing eastward. 

The façades are reflective glass.

Amenities

The building has doormen, concierges, a garage, a children’s playroom, roof decks, a screening room and access to the Mandarin Oriental Hotel’s 75-foot, glass-enclosed swimming pool and the hotel’s spa, maid service, storage, valet service, roof decks, and screening room. 

Apartments

At the Deutsche Bank Center there are more than 60 different apartment layouts and many are duplexes.

Apartments have Sub-Zero and Miele appliances, wine coolers and marble-accented windows in the bathrooms.

Some ceilings are as high 14 feet.

One of the most spectacular units is Penthouse 78, which occupies a full floor in one of the towers and has a 37-foot-long private landing that leads to a very large living room and a very large corner office/library. Facing north is a very large dining room next to a large pantry and kitchen and a large breakfast area. The south side of the apartment has a 38-foot-long master bedroom with a very large study and a very large gym/dressing room. The apartment also has four other bedrooms, a coat room and a screening room.

The duplex unit #56A57AG has a very long suite of open spaces for a library, living room, dining room and kitchen on the top floor that also includes a bedroom and a second level with 3 bedrooms.

History

This development replaced the former New York Coliseum, which had been the city’s major convention center despite its relatively small size. It was built in 1954 and was widely considered uninspired.

The development of this major site at the southwestern corner of Central Park and the western end of Central Park South came after the decision to erect a new convention center for the city near the Hudson River at 35th Street. That new facility was designed by I. M. Pei and was substantially larger but would soon be dwarfed by several others across the country.

In April 1998 Time Warner joined the Related Cos., team and on July 27, 1998 it was awarded the contract for $345 million and their architect was David Childs who now clad his two-tower scheme with glass rather than masonry.

Mr. Childs's new design for The Related Companies, Apollo Real Estate Advisors and the Palladium Company was about the same size of his last design for Boston Properties but instead of a Post-Modern, Art Deco-style design the plan was "modernized' with glass façades and the massing of the towers was more sharply outlined with less architectural detailing.

The towers are lighter in color than the bronze-color recladding by Donald Trump of the former Gulf & Western building at 1 Central Park West just to the north on Columbus Circle and their glossiness is more in context with that structure than with the very rigorous and interesting green-metal clad tower at One Central Park Place one block to the south on the northwest corner of Eighth Avenue and 57th Street that was designed by Davis Brody. Safdie's more rugged, but ungainly modernism was in more context with the Davis Brody building.

Donald Trump had some fun when he put up a large sign near the top of the west side of his Trump International Hotel and Tower that proclaimed, when this project was nearing completion, that his building did not have obstructed park views.

In its October 15, 2001 issue, Crain's New York Business gave the following commentary about this project:

"There seems to be no end to the superlatives used to describe the emerging AOL Time Warner complex at Columbus Circle: The biggest construction project in New York City since the World Trade Center.  The largest construction loan for a private project in U.S. History.  The next Rockefeller Center. When it opens in late summer or fall of 2003, the complex will have five floors of stores and restaurants, 1.1 million square feet of offices, Jazz at Lincoln Center, a hotel, TV studios and more....Perhaps the biggest impact of the project is an unanticipated and symbolic one: Just as the city's two tallest towers have been destroyed, two more that resemble them are slowing rising uptown."

The project is impressive in scale and detailing.  Seen from the north, its towers are surprisingly "thin" while from Fifth Avenue they appear massive.

This project obviously became a major new “gateway” to the Upper West Side, a role significantly reinforced by the erection a few years later by the Zeckendorfs of a smaller but still huge two-building luxury residential condominium development on the full block just to the north of Trump International Hotel and Apartments.  That project, known as 15 Central Park West, quickly sold out at very high prices and in 2008 the graceful former Huntington Hartford Museum on the south side of Columbus Circle was reclad for a different museum after an unsuccessful campaign to have it declared a city landmark.  In addition, the dark-brown brick office building on the block bounded by 57^th and 58^th streets and Broadway and Eighth Avenue was reclad with reflective glass and the traffic circle itself was redesigned and improved and a “glass box” Apple Store opened a few blocks to the north.

Not only was the radical upgrading of Columbus Circle complete, the transformation of the Upper West Side that began with building of the Lincoln Center for the Performing Arts was strongly reinforced with a dramatic new “welcome mat” that made the lower part of the Upper West Side substantially more vibrant and exciting than the Upper East Side.

A November 1, 2011 article in The New York Times by Amy Chozick said that Time Warner was considering moving out of the project and was “studying how to consolidate most of its four million square feet of office space” in the city.  “That most likely means finding a new headquarters in a less expensive part of Manhattan and vacating the Time Warner Center, the Time & Life building at Rockefeller Center, and many of its 13 remaining 13 New York area buildings.  The company estimated that cutting back on its real estate footprint could save as much as $150 million a year.”

Should the company relocate, it will not be the first time that a major building in the city may have to change its name to the dismay of some.  A building’s name, of course, is a big bargaining chip in office leasing but usually only is offered to a really big tenant so to the disappointment of some gourmets it probably won’t become the Whole Foods Building.

In late May 2021, the building was renamed Deutsche Bank Center in honor of its new tenant. The bank cut down on its square footage in the wake of the coronavirus pandemic, but still holds over 1 million square feet of office space.