Sony Corporation of America has migrated south. Music Week is reporting -- and Billboard confirms -- that the multi-faceted company recently completed its 30-block move from former headquarters 550 Madison Ave. to 11 Madison Ave., where it will occupy the top ten floors (and rooftop) with birds-eye views of Madison Square Park and its perpetually crowded Shake Shack.
The new headquarters at 11 Madison now hosts New York-based employees of Sony units including Sony Music, Sony/ATV Music Publishing, Sony Pictures and Sony DADC. The Sony Store, which closed shop at 550, is being replaced at the new building with a Sony showroom that will include a retail experience. The opening date for the showroom has not been announced.
In 2013, Sony sold 550 for $1.1 billion to a consortium led by Joe Chetrit's Chetrit Group, which plans to convert the 36-story tower into luxury condos and a hotel. Japan-based Sony signed a lease at 11 Madison in 2014. Here’s a look at the entrance to Sony HQ at Madison Ave. and E. 25th Street: