Lipstick building

I've always liked the look of this building at 53rd Street and Third Avenue in Manhattan., called the Lipstick Building. Here is an excerpt from Wikipedia: "The building receives its name from its shape and color, which resemble a tube of lipstick. At three levels, blocks of the building recede as part of Manhattan's zoning regulation in which the building is required to recede within its spatial envelope, to increase the availability of light to street level. The shape, which is unusual in comparison to surrounding buildings, uses less space at the base than a regular skyscraper would use. This provides more room for the high numbers of pedestrians who travel via Third Avenue."