The iconic GM Building located at 767 Fifth Avenue is going the extra mile to cater to its technology-driven tenants. In addition to being home to the renowned Apple Cube, the building now boasts a new 35,000 square-foot amenities center on its second floor, called Savoy Club. Within this expansive space, tenants have access to an impressive 18,000 square-foot wellness facility named Wellness at Savoy Club. This state-of-the-art wellness center features a spin studio, yoga room, gym equipped with cardio equipment, and opulent locker rooms and grooming stations.
Savoy Club is an essential element of BXP’s (formerly Boston Properties) strategy to enhance the competitiveness and modernity of this nearly two-million square foot tower, located at Fifth Avenue and East 59th Street. The decision to invest in these amenities comes at a time when the city is experiencing one of the slowest office-leasing seasons in its history. By providing tenants with access to comprehensive wellness resources, BXP aims to attract and retain businesses in a challenging market. BXP’s New York region executive vice-president, Hilary Spann, suggests that access to wellness resources is just as crucial as other employment factors, such as compensation, location, and additional amenities.
Despite the current office-leasing climate, the GM Building remains highly coveted, boasting an impressive 93% occupancy rate. Esteemed tenants like Grosvenor, PWP, Weil Gotshal, and Baron Capital have secured spaces within the building. The Savoy Club further enhances the tenant experience by introducing a new cafe that offers La Colombe coffee products, artisanal pastries, and convenient grab-and-go breakfast and lunch options. Additionally, the building features a state-of-the-art conference center for meetings and events.
It’s worth mentioning that the GM Building’s iconic Apple Cube was installed during the time when the building was under the ownership of Harry Macklowe. This marble-clad tower, with its distinct architectural features, has had various owners throughout its history, one of whom was recognized with large gold letters spelling out “TRUMP” on the facade.
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