Full demolition permits have been filed for 409 Park Avenue in Midtown, Manhattan. According to the filing, the site is owned by GDSNY under the Clover Park Development LLC. It currently houses a 4,300-square-foot, two-story commercial building used by Stefano Ricci, an Italian menswear boutique. The 23-foot-tall structure was built in 1910.
Demolition is nearly complete on the Union Carbide Building, JP Morgan Chase‘s former 52-story, 707-foot-tall headquarters at 270 Park Avenue in Midtown East, while the new steel superstructure for its 2.5 million-square-foot supertall replacement continues to rise on the opposite side of the full-block plot. The new 1,425-foot-tall skyscraper will eventually stand as one of the tallest structures in New York City on a parcel of land bound by Park Avenue to the east, Madison Avenue to the west, East 47th Street to the south, and East 48th Street to the north.
YIMBY spotted a new batch of renderings and diagrams that depict Skidmore Owings & Merrill‘s upcoming ground-up mixed-use supertall at 175 Park Avenue, aka Project Commodore. The 83-story Midtown East, Manhattan behemoth is slated to rise on the site of the Grand Hyatt between the 108-year old Beaux Arts style Grand Central Terminal and the 91-year-old Art Deco style Chrysler Building at the corner of East 42nd Street and Lexington Avenue. RXR Realty and TF Cornerstone are developing the massive structure, which also appears to have gotten a height reduction to 1,486 feet tall, as opposed to the 1,646-foot tall architectural height previously intended. Inside will be 500 Hyatt hotel rooms on the upper floors spanning 453,000 square feet; 10,000 square feet of retail space on the ground, cellar, and second levels; new elevated, publicly accessible plaza space overlooking the surrounding Midtown neighborhood; and 2.1 million square feet of Class A office space.
A new rendering has been revealed for 141 East 47th Street, a 35-story residential tower in Midtown East. Excavation is underway for the 183,310-square-foot project designed by Ismael Leyva Architects and developed by Silverback Development. The latter was brought on by Hopson Development Holdings, which previously purchased the parcel for $115 million in December 2019 from the original developers, New Empire Real Estate. The property will contain a mix of studios through two-bedroom units averaging around $1.5 million apiece, as well as 5,000 square feet of ground-floor retail space.
Phillips, a British-based auction house, will soon open a new Manhattan outpost at 432 Park Avenue in Midtown. The gallery and salesroom is slated to debut this June and will comprise over 35,000 square feet.