Right across from the iconic Grand Central terminal in Midtown, construction is moving along for the commercial supertall One Vanderbilt. Our last update in March showed that the building had reached two floors above the distinctive retail podium. We can report that the structure has more than doubled in height over the past three months, now standing 17 floors above street level. The building will eventually top off 1,401 feet above street level, and SL Green is developing.
The latest photos from Tectonic show that the structure is currently an estimated 380 feet tall, meaning it stands about 80 feet taller than the Statue of Liberty, and is just shy of the height of the Park Row Building, the tallest commercial building in Manhattan from 1899-1908. Over 1,000 feet remain before topping off.
The 58-story building will add 1.6 million square feet to the area. It will open up as the fourth-tallest building in the city, overshadowed only by the Steinway Tower, Central Park Tower, and One World Trade Center.
$220 million from the project will be put toward transit upgrades, which includes a link to the Grand Central terminal and an additional 4,000 square foot waiting area. This comes as part of the MTA’s plan for a multi-billion-dollar connection on the LIRR from Sunnyside Yards to Grand Central.
Kohn Pedersen Fox is responsible for the design, making this their second supertall in New York City and fourth in the USA. While One Vanderbilt doesn’t have a dramatic angular observation terrace like 30 Hudson Yards, the three-tiered rooftop should offer a distinctive, 100-foot tall crown.
Since construction passed the 13th floor, the rate of rise has increased from two floors per month to three. At this pace, steel will reach the 34th floor by the end of 2018, and the 58th floor will be reached by August 2019.
Façade installation is expected to start this July. Completion is expected by 2021.