High-rise commercial buildings

Sub Markets

Property Sectors

Topics

New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New York & Tri-State  + Downtown New York  + Office  | 

L&L Tops Out on MasterCard’s Future Tech Hub

Executives from L&L Holding Company and OC Development Management, along with more than 100 construction workers, designers and engineers, recently held a ceremonial topping-out for the two-story addition to 150 Fifth Ave. The new construction is part of a building-wide renovation and modernization at the landmarked Flatiron District property, the future home of MasterCard’s expanded technology hub.

The team of L&L, construction manager OCDM and architect STUDIOS Architecture is transforming the existing 19th century building into a more open, collaborative and efficient working environment for MasterCard, which will occupy the entirety of the 212,500 square-foot building.

“Working with OCDM and STUDIOS, we set out to reinvent 150 Fifth as a center for innovation and creativity in the heart of the Flatiron District,” said L&L CEO David Levinson. “We are thrilled that MasterCard shared that vision and chose our building as the new hub for its growing digital and technology group.”

Photo courtesy of L&L Holding Company

For comments, questions or concerns, please contact Paul Bubny

Connect

Inside The Story

Connect With L&LConnect With OCDM

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Development