The final pieces of the glass curtain wall and gray paneling are being installed on 425 Park Avenue, a 897-foot-tall commercial skyscraper in Midtown East. Designed by Norman Foster of Foster + Partners for L&L Holding Company, Tokyu Land Corporation, and co-managing partner BentallGreenOak, the 47-story building will yield around 667,000 square feet largely dedicated to offices, as well as a ground-floor restaurant run by Chef Daniel Humm, proprietor of the Three Michelin-starred Eleven Madison Park. The property is bound by Park Avenue to the west, East 55th Street to the south, and East 56th Street to the north, and is expected to achieve LEED-Gold certification and debut as the city’s first WELL-certified building.
Midtown East Rezoning
Full demolition permits have been filed for 409 Park Avenue in Midtown, Manhattan. According to the filing, the site is owned by GDSNY under the Clover Park Development LLC. It currently houses a 4,300-square-foot, two-story commercial building used by Stefano Ricci, an Italian menswear boutique. The 23-foot-tall structure was built in 1910.
YIMBY spotted a new batch of renderings and diagrams that depict Skidmore Owings & Merrill‘s upcoming ground-up mixed-use supertall at 175 Park Avenue, aka Project Commodore. The 83-story Midtown East, Manhattan behemoth is slated to rise on the site of the Grand Hyatt between the 108-year old Beaux Arts style Grand Central Terminal and the 91-year-old Art Deco style Chrysler Building at the corner of East 42nd Street and Lexington Avenue. RXR Realty and TF Cornerstone are developing the massive structure, which also appears to have gotten a height reduction to 1,486 feet tall, as opposed to the 1,646-foot tall architectural height previously intended. Inside will be 500 Hyatt hotel rooms on the upper floors spanning 453,000 square feet; 10,000 square feet of retail space on the ground, cellar, and second levels; new elevated, publicly accessible plaza space overlooking the surrounding Midtown neighborhood; and 2.1 million square feet of Class A office space.
The steel superstructure for JP Morgan Chase‘s new 1,425-foot supertall headquarters continues to rise on the western half of 270 Park Avenue‘s full-block parcel as work progresses on the demolition of the company’s 52-story former home on the opposite end of the Midtown East lot. Construction workers are busily lifting and welding new steelwork along Madison Avenue between East 47th and 48th Street, where the low-rise podium of the original 707-foot-tall skyscraper formerly known as the Union Carbide Building once stood.
The Department of Buildings has awarded Norman Foster’s 425 Park Avenue a temporary certificate of occupancy, or TCO, signaling imminent completion of the commercial skyscraper in Midtown East. From developers L&L Holding Company, Tokyu Land Corporation, and co-managing partner BentallGreenOak, the 47-story office tower comprises around 667,000 square feet.