FAAP has a distant annex in the Lutetia building on a plaza (Praça do Patriarca) that was restored as part of the process of rehabilitating the former glamour of downtown São Paulo. The location symbolically revisits the story of the founder of the Institution since the plaza was once the heart of what is known as the Old City Center (before the Chá Bridge crossed the Anhangabaú valley). The Lutetia building was erected in the 1920s, when Count Armando Alvares Penteado commissioned São Paulo's top architect, Ramos de Azevedo, who designed the Municipal Theater and gave the city its style. A significant detail from the point of view of behavioral trends is that renowned creative architects were commissioned even for properties built to rent - since the city was seen as a whole and harmonious architectural sphere.

Lutetia is the central part of three different eight-floor buildings joined by one single façade; it is an outstanding example of the predominant architecture of central São Paulo in the first half of the 20th century. It was listed for conservation by the Historical Heritage agency in 1992, and was restored on the lines of a project executed by the Architecture and Urbanism course of FAAP itself, partnered by the ONG Viva o Centro, the municipal government, EMURB, and the Heritage agency, with institutional support from MASP (art museum). Two floors comprise MAB-Centro; others used as residences for artists.

The Lutetia building is home to FAAP's Artistic Residence program for Brazilian and foreign artists, overseas or outside São Paulo State, active in the arts, communication, or architecture. Selected artists spend a number of months in one of the ten wide studios in the building, developing their artistic projects and conveying their experiences and knowledge to students and professors at the Foundation