Midtown East

Permits Filed for 300 East 50th Street in Midtown East, Manhattan

Permits have been filed for a 12-story mixed-use building at 300 East 50th Street in Midtown East, Manhattan. Located at the intersection of Second Avenue and East 50th Street, the corner lot is closest to the Lexington Avenue/53rd Street subway station, serviced by the E, M, and 6 trains. Reggie Kronstadt, principal at Krown Point Capital, is listed as the owner behind the applications.

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Ticket Sales Launch for SUMMIT One Vanderbilt, Experiential Observatory in Midtown East

Ticket sales launched yesterday for SUMMIT One Vanderbilt, the newest observatory in Manhattan located in the crown of One Vanderbilt in Midtown East. SUMMIT One Vanderbilt is a 65,000-square-foot, four-level entertainment space atop the 1,401-foot-tall commercial supertall developed by SL Green Realty and designed by Kohn Pedersen Fox. Interiors were designed by Snøhetta, with the immersive walk-through art experience designed by Kenzo Digital.

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417 Park Avenue Begins Demolition In Midtown East

YIMBY last covered 417 Park Avenue back in July 2020, when demolition permits for the 14-story, 29-unit residential co-op building were fully filed. GDS Development (GDSNY) is the owner of the building that stands on an 8,725-square-foot site and was originally built in 1916 with two cellar levels and a penthouse atop the 143-foot-tall edifice. The Midtown East property is located at the corner of Park Avenue and East 55th Street and is directly south of Foster + Partner‘s topped-out and nearly complete 425 Park Avenue. GDSNY and Klövern AB previously paid $184 million to purchase all the units, and the demolition of the current structure will make way for an office tower with a floor area ratio of 25, or nearly 220,000 square feet under Midtown East Rezoning regulations.

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