At number two on our year-end countdown of the tallest construction projects in New York is 625 Madison Avenue, a planned 1,220-foot residential supertall skyscraper in Midtown East, Manhattan. Designed by SLCE Architects and developed by Related Companies under the 625 Mad Realty LLC, the 68-story structure is slated to yield 101 condominium units with an average scope of 4,918 square feet, as well as retail space on the first two levels, a fourth-floor restaurant and private dining area, and a suite of amenities. The multi-billion-dollar project will rise along Madison Avenue between East 58th and 59th Streets.
Recent photos show the 17-story mid-century occupant of the property in the early stages of demolition, with scaffolding and construction netting covering its entire dark glass exterior. The building’s retail tenants vacated over the summer, and crews are now in the process of gutting the 563,000-square-foot structure’s interiors. Demolition permits were filed in September and the building is scheduled to be razed over a nine-month span, according to Related CEO Jeff Blau.
Photo by Michael Young
Photo by Michael Young
Photo by Michael Young
Photo by Michael Young
Photo by Michael Young
Photo by Michael Young
Photo by Michael Young
Amenities will include squash and pickleball courts on the fifth floor, screening and meeting rooms on the sixth floor, a swimming pool on the seventh floor, and a “sky garden” on the ninth floor. Condominiums will occupy floors 12 through 66 with two residential units per level, excluding mechanical floors. An outdoor roof deck with a capacity of 130 people will cap the structure.
Related Companies purchased the property from SL Green for $632.5 million over the summer and the new tower is able to be fully built as of right.
The nearest subways from the development include the N, R, and W trains at the 5th Avenue-59th Street station to the west and the 4, 5, and 6 trains at the Lexington Avenue-59th Street station to the east.
Renderings and a construction timeline for 625 Madison Avenue have yet to be revealed.
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This is gonna block a large part of 432 Park’s view of Central Park, which amuses my petty self
I hope this “building” is good, the architects have been warned.
This is a beautiful building. The only thing that scares me? Too many uncompleted buildings in NYC ( as we saw on YIMBY’s list). Since there is no timeline to finish, it could end up on that unfortunate list ( I hope not)
Does NYC not require builders to obtain a completion bond as part of the permitting process, in the event a builder goes belly-up while their project is under construction? A completion bond guarantees a project gets completed (usually by someone else), so as to not blight the city/skyline forever with an skeleton.
Does the value of buildings go down now if in the congestion pricing zone?
Building values have only gone up in London, Singapore and Stockholm.
And a toll for the riff raff is only a bonus for the future part time residents here.
No, why would they?
Office buildings near transit are nearly full. This is not because their occupants drive into Manhattan.
..and I’m sure the people who will pay tens of millions of dollars for these apartments, will want to know how close the nearest subways are.
enough of this bullsh*t statement. Seen it so many times on YIMBY and has it ever occurred to you that rich people do in fact use the subway?!? it’s also not hard to google pictures of rich celebrities, singers, politicians, etc. that use the subway too
If someone like Bill Gates can buy a hot dog from a cart in Times Square, then a rich person buying here can easily ride the subway too. Why does it matter how much money you have to ride something built for the public
This is a ridiculous statement
They can have their limo drop them off at 60th street and walk.
The old Revlon building is no great loss.
I hate this hideous 80s style glass. So tacky and gaudy
This was also the Nabisco Brands building, then the R.J. Reynolds building.
I worked there.
Another bank vault in the sky, for overseas wealth. Like most of the supertalls in that neighborhood, will be mostly unlit at night. Boring.
I’ll be delighted to accept their tax payments to the city while not stressing our resources
So just to start, the property purchase adds over $6 million to each unit.
Why no drawings? Hopefully the top won’t have a flat roof. I can dream…
It’s in the article…”An outdoor roof deck with a capacity of 130 people will cap the structure.”
I also have scaffolding at home but maybe not as many as this building, and I can’t expect the demolition to be very pretty at this point: Thanks to Michael Young.
This was a dated, vacant office building. Even if these condos are bought by absentee pied-a-terre owners, they will still pay property taxes, and will prevent said buyer from sucking up housing in neighborhoods actual residents may want to live.
This was the building that my crew and I were working in on 9-11.
To be honest how many times can you change the “skin” of the building, or re-due the lobby to make it look modern.
The narrow service entrance on 58th St and the tiny service elevator made it a terrible building to get supplies into.
We closed two lanes of Madison Ave to hoist a diesel powered emergency generator up onto the roof,I wonder how that will be taken down.They had to manually carry the fuel up in 5 gal.cans in the elevator.
I’m glad to see this building come down
Don’t like that only super rich can buy into this building, but glad it won’t be stressing the city resources so much.