SL Green’s 1.6 million-square-foot office tower at One Vanderbilt Avenue will not only be a test case for the city’s ambitious Midtown East rezoning plan, but it’s one of the few times in recent memory that a private developer has agreed to finance and perform substantial construction work for the MTA.
With a vote of 49 to zero, the City Council unanimously approved the application for a 63-story office tower at One Vanderbilt, as well as the rezoning for a five-block stretch of Vanderbilt Avenue between 42nd and 47th Streets.
Visualhouse sent along a rendering of the Manhattan skyline circa 2030, and the vista will be far more impressive than today’s, with supertalls set to line both 57th Street and the Far West Side. The image leaves out the new World Trade Center as well as several major projects in Midtown and on the Far West Side (and Nordstrom is also missing its cantilever), but the picture gives a good idea of the changes New Yorkers can expect over the next few years, even though the approximation is likely closer to 2020 than 2030, given that all depicted additions (besides 15 Penn) should be complete by 2018/2019.
The City Council has voted to approve the re-zoning of a five-block stretch of Vanderbilt Avenue in Midtown East, per Capital New York. SL Green’s proposed 67-story, 1,501-foot-tall One Vanderbilt is the first building to maneuver the rezoning, and a full-council vote could come as early as the end of May. SL Green is funding $220 million in transportation improvements for Grand Central, and completion is expected in 2020.
One Vanderbilt’s slog through the Department of City Planning’s review process is now getting underway, and with progress comes refinement. The building has received a height boost, and early documents indicating an approximate pinnacle of 1,450 feet…