The Park Avenue corridor north of Grand Central is about to sprout yet another major new addition. 432 Park Avenue opened as the tallest residential tower in the country earlier this decade. 425 Park Avenue is currently under construction, and will soon become an 892-foot tall office building. And now, 270 Park is set for demolition and rebirth as a supertall, stretching to an eventual pinnacle 1,200 feet above street level.
Midtown East Rezoning
One Vanderbilt has been in the makings for quite some time, and while it took several years and a special pre-Midtown East rezoning approval for work to begin at the site, things are now chugging along with gusto. Steelwork for the soon-to-be 1,401-foot-tall tower breached street level about a month ago, and now, the future supertall’s crane has arrived on-site, heralding imminent verticality.
The City Planning Commission voted this morning to certify the rezoning of Midtown East, beginning the public review process for a dramatic upzoning that the city hopes will generate new office buildings.
Two weeks ago, the Landmarks Preservation Commission designated 11 of its 12 calendared properties in Midtown East as city landmarks, part of its Greater East Midtown Initiative. On Tuesday, the twelfth site received its designation, as the LPC declared the former Citicorp Center, now known as 601 Lexington Avenue, a city landmark.
As we head into the Thanksgiving weekend, New York City can be thankful for 11 newly designated landmarks. On Tuesday, the Landmarks Preservation Commission voted on 11 of the 12 calendared sites in Midtown East.