Municipal Art Society Names The Olayan Group’s 550 Madison ‘Best Restoration’ as Part of Its 2024 MASterworks Awards

The Municipal Art Society has named 550 Madison Avenue “Best Restoration” as part of its 2024 MASterworks Awards.

Determined by a jury of architects, designers, preservationists, scholars, and critics, the MASterworks Awards pay tribute to projects completed in the previous year that exemplify excellence in architecture and urban design. The list of past winners includes a host of noted New York City projects, including David Geffen Hall, Little Island, Moynihan Train Hall, Pier 26 at Hudson River Park and the LaGuardia Terminal B Arrivals & Departures Hall.

“We are honored that MAS has recognized the repositioning of 550 Madison as the year’s best restoration,” said Erik Horvat, Global Co-Head of Real Estate at The Olayan Group. “The Olayan Group was committed to maintaining one of the city’s most recognizable architectural icons while reimagining it to include an extraordinary public garden, unparalleled amenities and a market-leading sustainability program.”