L&L Holding Company

425 Park Avenue

Foster + Partners-Designed 425 Park Avenue Begins Slow Rise in Midtown East

425 Park Avenue in Midtown East has been the focus of much interest, with good reason. Unlike the full demolition and larger replacement impending for the Union Carbide Building,  the old pre re-zoning regulations forced 425 Park’s developers to maintain 25% of the extant structure in order to build to its exact original square footage. Now, steel and concrete for the Foster + Partners creation are finally rising above the old shell, and the project is slowly moving upwards and into the neighborhood skyline.

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425 Park Avenue

Norman Foster-Designed 425 Park Avenue Begins to Rise, Midtown East

The blocks of Hudson Yards are the current hotspot for office construction in New York City, with supertall after supertall rising from nothing. But Midtown East might be the only location in Manhattan where major office projects are rising alongside existing fabric. While One Vanderbilt is only beginning to rise above 42nd Street, work is substantially further along at 425 Park Avenue, where Norman Foster’s vision is now climbing past the stump remaining from the site’s former occupant.

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150 Fifth Avenue

Video Reveal for 150 Fifth Avenue’s Impending Addition

Fifth Avenue continues its piecemeal evolution, and with legitimate supertalls now set to sprout as far south as the upper 20s, the blocks to the south are following suit with their own changes. 150 Fifth Avenue has been owned by L&L Holding Co. since 2000, and the firm is now renovating and expanding the building with an attractive two-story rooftop addition, for which YIMBY now has the video reveal.

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425 Park Avenue, Pioneer of Modernism, Loses Half Its Height to Make Way for 893-Foot-Tall 21st Century Beacon

Park Avenue is about to get its first new office tower in decades as the 1957 office tower at 425 Park Avenue (catty corner to Rafael Viñoly’s 1,396-foot-tall 432 Park Avenue), once the pinnacle of modernity, is being reinvented for the 21st century via a partial demolition and a dramatic, 893-foot-tall restructuring by developer L&L Holdings and architects at Foster + Partners.

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