Glass paneling is steadily enclosing the tiered crown of Kohn Pedersen Fox’s One Vanderbilt as the supertall inches closer to completion. Developed by SL Green, the 77-story, 1,401-foot-tall commercial office tower is by far the largest construction project underway in Midtown East and is among the most prominent new additions to the New York skyline.
Construction is approaching the final floors at 249 East 50th Street, a 151-foot-tall residential building in Midtown East. The 15-story structure is designed by Issac and Stern and developed by Tun Kyaw, who purchased the land for $17 million.
Metallic exterior façade panels now cover the entirety of the northern face of 12 East 48th Street, a 161-room Hilton Grand Vacation Hotel in Midtown East. Designed by Handel Architects and developed by Hidrock Realty, the slender reinforced concrete building is located between Madison Avenue and Fifth Avenue and is flanked by two low-rise structures.
YIMBY recently toured the sales gallery for the upcoming partial residential conversion of the Waldorf Astoria. Dubbed The Towers of The Waldorf Astoria, the project will create 375 residences ranging from studios to penthouses. Addressed 303 Park Avenue, the 625-foot-tall Art Deco landmark was built by Schultze and Weaver in 1931 and is currently undergoing a major restoration that also includes the renovation of 375 hotel rooms.
Plans for 350 Park Avenue were revealed last year but we won’t see the supertall complete until 2027 at the earliest. In a 2019 fourth quarter earnings call last week for Vornado Realty Trust, the company confirmed that ongoing leases would conclude by end of 2023, which is the earliest it could begin to take down the current building and build the almost 1,500-foot-tall office skyscraper.
