Midtown East

Demolition Underway for SOM-Designed Skyscraper at 415 Madison Avenue in Midtown East, Manhattan

8:00 am on August 16, 2022 By Michael Young

Demolition is ramping up at 415 Madison Avenue, the site of a 40-story commercial skyscraper in Midtown East. Designed by Skidmore Owings & Merrill and developed by 415 Madison Avenue LLC, the 605-foot-tall tower will yield 343,100 square feet of office space as well as a 350-square-foot ground-floor retail pavilion and a 2,400-square-foot open-air public concourse. The developer sought permits through the ULURP process and will build in compliance with the East Midtown sub-district regulations, with air rights purchased from the landmarked St. Bartholomew’s Church along Park Avenue. PAL Environmental Services is the general contractor and Rudin Management is the owner of the property, which is located at the corner of Madison Avenue and East 48th Street.

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JPMorgan Chase’s 270 Park Avenue Supertall Continues Climb Over Midtown East, Manhattan

8:00 am on August 8, 2022 By Michael Young

Construction continues to rise on 270 Park Avenue, JPMorgan Chase‘s 70-story supertall headquarters in Midtown East. Designed by Norman Foster of Foster + Partners and developed by Tishman Speyer, the 1,388-foot-tall skyscraper will yield 2.5 million square feet of office space and set the record for the tallest building in New York to be powered by hydroelectric energy. Banker Steel is in charge of steel fabrication and NYC Constructors is the general contractor for the property, which spans a full block bound by East 48th Street to the north, East 47th Street to the south, Park Avenue to the east, and Madison Avenue to the west.It is expected to have a capacity to hold 15,000 employees.

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Boston Properties Files Permits for 49-Story Skyscraper at 343 Madison Avenue in Midtown East, Manhattan

6:30 am on August 7, 2022 By Vanessa Londono

Permits have been filed for a 49-story commercial skyscraper at 343 Madison Avenue in Midtown East, Manhattan. Located between East 44th and 45th Streets, the 25,000-square-foot rectangular site is one block from the Grand Central-42nd Street subway station, serviced by the 4, 5, 6, 7, and S trains and MetroNorth rails. Boston Properties is listed as the owner behind the applications.

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417 Park Avenue Readies for Excavation in Midtown East, Manhattan

7:30 am on July 24, 2022 By Michael Young

Excavation is set to begin at 417 Park Avenue, site of a 220,000-square-foot office tower in Midtown East. The project is being developed by GDS Development (GDSNY) and Klövern AB, which acquired the property for $184 million and are also building on an adjacent plot to the south at 409 Park Avenue. The plot is located at the corner of Park Avenue and East 55th Street and will rise with a floor area ratio of 25 under the Midtown East Rezoning regulations.

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