Plans for a thirteen-story mixed-use building were first floated in 2016 at 501 Third Avenue, on the 34th Street border between Kips Bay and Murray Hill. While the site has since sat idle, this appears to be changing up. Demolition permits have now been filed for two buildings, at 499 Third Avenue and 501 Third Avenue. Xin Xu of China Overseas Land & Investments Co filed the documents.
499 Third Avenue