Magnitude Capital Finishes Headquarters at 200 Park Avenue

Spector Group, a New York-based architecture, interior and master planning firm, announced the completion of the corporate headquarters for Magnitude Capital, which manages approximately $3.8 billion in multi-strategy portfolios of hedge funds.

“Effortless was the design goal we set and met with this project, using uniquely innovative ideas for such an iconic building,” said Spector Group Principal Marc Spector, AIA, NCARB. “We created a space that functions harmoniously for Magnitude Capital, while also expressing their distinct style.”

Magnitude Capital headquarters, located on the 56th Floor at 200 Park Avenue, covers approximately 20,000 square feet. Spector Group created a curvilinear core wall that helps to create a fluid movement of circulation from the point of entry, way-finding around the core and into the space. “The detail of the millwork on various planes is very dynamic,” said Bryan Richter, Senior Designer, Spector Group. “The heart of the space is a series of vertical walnut fins that creates a sense of movement as you walk alongside them. They appear to “walk” with you as you circulate along the main core leading you to the many collaborative spaces, the communal kitchen area, and a wide range of meeting rooms.”

Spector Group designed a highly collaborative, open work space, with just five individual offices. Workstation neighborhoods were created, using customized, suspended “clouds” cut into distinctive shapes, giving a city block atmosphere to the large open space. Custom glass enclosed topiaries with low-water plantings mark each neighborhood and transition gracefully from the straight lines of the work stations to the core’s curved walkway.

Magnitude Capital provides lunch two times a week for its team members and dining together is an essential aspect of the culture. “The kitchen area, which is very large and spacious, accommodates 100 people and requires efficient circulation,” Richter observed. For the centerpiece of the space, Spector Group designed two 20-foot parallel serveries, creating a travel route around the food offerings, while maintaining a circulation path for others to use the space simultaneously.

“We’re delighted with the design aesthetics and how well the design works for us and our team. It reflects superbly our corporate character and priorities,” said Benjamin Appen, CEO of Magnitude Capital. “The space is open and inviting and has many unique characteristics. Marc and his team listened to what we wanted and delivered an outstanding result. ¬†We are very happy with our new home.”

Spector Group was the architect and designer for the project, which was completed on time and on budget. Spector has built NYC offices for corporate clients including IPG – Interpublic Group, Uber and OpenTable.