Tishman was responsible for overseeing all aspects of the multi-faceted repositioning of 32 Avenue of the Americas. In 2000, Tishman approached AT&T (the owner), with a plan to convert the landmarked 27-story Art Deco office tower into a state-of-the-art telecom-carrier hotel. The conversion of the asset into the Global Connectivity Center was the result of the sale of AT&T world headquarters and simultaneous leaseback of 415,000 square feet. The remaining 600,000 square feet of space was redevelopment into one of the country’s leading telecom-carrier hotels. The collaborative effort yielded a premiere 1.15 million-square-foot telecom-carrier hotel.