415 Madison Avenue

415 Madison Avenue recently completed on-site demolition for an upcoming 40-story commercial skyscraper in Midtown East. Designed by Skidmore Owings & Merrill and owned by Rudin Management under the 415 Madison Avenue LLC, the 605-foot-tall replacement will yield a total of 343,100 square feet of new office space, a 350-square-foot ground-floor retail pavilion, and a 2,400-square-foot open-air public concourse. The ground-up project is being constructed in compliance with the East Midtown sub-district regulations, alongside the use of air rights that were previously purchased from the landmarked St. Bartholomew’s Church along Park Avenue. PAL Environmental Services served as the former general contractor but now AECOM Tishman is the new general contractor for the Midtown, Manhattan property, which is located at the corner of Madison Avenue and East 48th Street.

Demolition preparations are ramping up at 415 Madison Avenue in Midtown East, the site of a 605-foot-tall commercial skyscraper and number 25 on our year-end countdown. Designed by Skidmore Owings & Merrill and developed by 415 Madison Avenue LLC, the 40-story building will yield 343,100 square feet of office space and replace a 66-year-old structure currently owned by Rudin Management at the corner of Madison Avenue and East 48th Street. YIMBY last reported that the LLC was seeking special permits as part of the ULURP process to build in compliance with the East Midtown sub-district regulations. This would allow for the reconstruction of overbuilt floor area in a new development, as well as obtaining air rights from the nearby landmarked St. Bartholomew’s Church along Park Avenue. The new property will also include a 350-square-foot ground-floor retail pavilion and a 2,400-square-foot open-air public concourse.