This is the Cova Building where Atlantic had its studios 1969-1990.
Atlantic Studios was the recording studio of Atlantic Records. It was located at 1841 Broadway (at the corner of 60th Street), in New York City. According to the address written in the original liner notes (1957) of Charles Mingus' The Clown, it was initially located at 157 W 57th Street. The American record label first recorded in these studios in November 1947. The studio is the first to record in stereo, with the efforts of Tom Dowd.