619 West 54th Street is a 322,000 square-foot, mixed-use building located on a through-block, between West 54th and 55th Streets and between Eleventh Avenue and the West Side Highway. With entrances on both 54th and 55th Streets, the building’s “L” shape allows for abundant access to light and air on three sides and flexible office floor plates. The property was originally built in 1930 as a film-editing house for Warner Brothers Pictures and came to be known as “The Movie Lab Building.” Now known as the Hudson Research Center, the building is a hub for innovation and collaboration for the burgeoning New York City life sciences cluster.
Taconic acquired the Art Deco property in 2012. With assistance from design firms COOKFOX and Perkins and Will, Taconic undertook a comprehensive capital improvement plan including creating several floors of state-of-the-art research space, upgrades to the building’s façade, interior, and iconic crown, as well as tenant amenities such as a bike storage room and private showers. In 2017, Taconic recapitalized the asset with an affiliate of Silverstein Properties.