Midtown East Rezoning

Largest Demolition In NYC’s History Gaining Steam at JPMorgan Chase’s 270 Park Avenue, in Midtown East

The demolition of 270 Park Avenue is progressing in Midtown East, as new scaffolding and netting have been installed on the exterior of the Modernist-style skyscraper. These join the construction elevator and sidewalk scaffolding that were assembled several months ago on the 1.5-million-square-foot, 52-story tower. JPMorgan Chase is the developer and Foster + Partners Architects is the design firm for the upcoming 57-story supertall that will rise in its place. Adamson Associates is listed as the architect of record.

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430 East 58th Street Begins to Rise Above Sutton Place, in Midtown East

After several years of legal battles between developers involved with the project, and NIMBYs who were not, construction on 430 East 58th Street, aka 3 Sutton Place, is finally now rising above street level. The first set of reinforced concrete floors have already been poured, and formwork is now above the adjacent buildings. A slight cantilever on the eastern elevation is beginning to form and protrude outwards. The future residential skyscraper was formerly being designed by Foster + Partners, but is now being overseen by Thomas Juul-Hansen, and is set to rise 800 feet over the Midtown East neighborhood of Sutton Place. Gamma Real Estate is the developer, and the lot is located between Sutton Place South and First Avenue.

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One Vanderbilt Reaches First Crowning Setback, in Midtown East

One Vanderbilt has reached a significant milestone in Midtown East. Construction has begun on the setbacks that will form the signature crown and hold the architectural spire for the supertall office building. White steel beams that make up the sloped top of the setback are visible on the western elevation, while the core walls are also rising and can be seen from a distance. Kohn Pedersen Fox is the architect and SL Green is the developer of the future 58-story tower, which will stand 1,401 feet when finished and yield nearly 1.75 million square feet of commercial space.

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350 Park Avenue, rendering from Vornado / Rudin Management

Vornado’s Supertall 350 Park Avenue Fully Revealed, Expected To Rise Nearly 1,500′ To Pinnacle

Amidst the ongoing evolution of the Manhattan skyline, one of the most notable recent changes has been the completion of the Midtown East rezoning, which has already resulted in the rise of One Vanderbilt. Now, with 270 Park Avenue and other projects already on the development boards, Vornado and Rudin Management’s plans for 350 Park Avenue have been fully revealed, depicting yet another supertall that would rise almost 1,500 feet to its pinnacle. While the architect has not been confirmed, YIMBY is strongly suspicious that the design is by Foster + Partners, the firm responsible for the nearly-complete 425 Park Avenue.

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Grand Central Grand Hyatt

TF Cornerstone and MSD Partners to Redevelop Grand Hyatt in Midtown East

The Grand Hyatt New York next to Grand Central Terminal may soon be replaced. Developers TF Cornerstone and MSD Partners, L.P. recently announced their plans to redevelop the site in East Midtown, at 42nd Street and Lexington Avenue. The new mixed-use project would take the place of the existing building, adding 2 million square feet of retail and prime class A office space. In addition, the proposal also includes a new (but smaller) Grand Hyatt hotel.

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