Skyline-defining towers have proliferated across the Midtown and Lower Manhattan skylines since the start of the 2010s, with the new World Trade Center joined by clusters in Hudson Yards, and 57th Street. Now, as One Vanderbilt approaches the 1,000-foot mark, a new race is appearing on the horizon in Midtown East. First, JPMorgan announced plans for a 1,400-foot-plus behemoth at 270 Park Avenue. Today, renderings have been released for Harry Macklowe’s planned office tower at 5 East 51st Street, which the developer has dubbed “Tower Fifth”. The supertall would become the tallest building in New York City by roof height upon completion, soaring 1,551 feet above the streets down below.
This month, BLDG Management officially began leasing at The Summit, a new rental property the developer has coined “a diamond in the sky.” Located at 222 East 44th Street, the 43-story building arrives as the first ground-up, residential building in Manhattan from BLDG.
Set to rise at the northern corner of Fifth Avenue and West 43rd Street, 520 Fifth Avenue is likely to be the first skyscraper along Fifth Avenue to top the 900-foot mark. The project will rise in the heart of Midtown, one street away from the eastern end of Bryant Park. The glass-enclosed tower will have 76 floors and stand 920 feet to its pinnacle. Handel Architects is the architect, and Arthur Hooper of Ceruzzi Properties will be developing in conjunction with SMI USA.
With new construction permits filed last summer and demolition filings nearly a year ago, the site of 450 Eleventh Avenue is beginning to see some change. The existing low-rise buildings on the location are nearly gone as the lot gets cleared to make way for the upcoming ground-up 43-story hotel. Located across from the Jacob K. Javits Center between West 36th street and West 37th Street, the 487-foot tall building will be designed by DSM Design Group and developed by Marx Development Groups.
Rising above NoMad between Park Avenue South and Madison Avenue, 30 East 31st Street is a new residential tower designed by Morris Adjmi Architects, and stands 40 stories to its rooftop. The crossed beams at the top of the building are a visual signature of the design, and will soon be enclosed in an exterior envelope of dark-colored waterproofing and glass. The project is being developed by Ekstein Development and Pinnacle Real Estate.