The first official DOB applications have been filed for JPMorgan’s new 57-story supertall office tower at 270 Park Avenue in Midtown East, Manhattan. YIMBY last reported on the 270 Park Avenue site when developer JPMorgan Chase filed a text amendment with City Planning for a tower designed by Foster + Partners Architects. Located between East 47th Street and East 48th Street, the lot is five blocks north of Grand Central Station, serviced by Metro North, as well as 4, 5, 6, 7, and S trains.
Demolition permits were filed last week for 5 East 51st Street, part of the assemblage that could give rise to New York City’s future tallest building by roof height. The future 1,556-foot-tall and 96-story Tower Fifth, is located in Midtown East, between Fifth Avenue and Madison Avenue. Permits were previously filed for this lot in April, but later withdrawn. Filings for the remaining structures within the footprint have also been trickling in over the past few months, hopefully indicating that excavation for the prospective supertall is imminent.
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.
Among New York City supertalls expected to rise as part of the current development boom, 80 South Street has been the only major project of prominence to retain near-complete secrecy when it comes to architectural visualizations. Today, YIMBY has the exclusive reveal for the plan tentatively in the works for the site, for developer China Oceanwide Holdings, which would result in the tallest building by roof height in all of Lower Manhattan, likely approaching 1,500 feet above street level.
A record-shattering $238 million purchase of a Manhattan penthouse at 220 Central Park South came at the hands of billionaire and Citadel hedge fund founder Ken Griffin. The sale of the 24,000 square foot apartment makes it the highest-priced home ever sold in the United States. The four-story residence is part of a 66-floor near-supertall development by Vornado Realty Trust, and has 16 bedrooms, 17 bathrooms, five balconies, and a terrace facing Central Park.