One Vanderbilt has reached a significant milestone in Midtown East. Construction has begun on the setbacks that will form the signature crown and hold the architectural spire for the supertall office building. White steel beams that make up the sloped top of the setback are visible on the western elevation, while the core walls are also rising and can be seen from a distance. Kohn Pedersen Fox is the architect and SL Green is the developer of the future 58-story tower, which will stand 1,401 feet when finished and yield nearly 1.75 million square feet of commercial space.
Midtown East Rezoning
Amidst the ongoing evolution of the Manhattan skyline, one of the most notable recent changes has been the completion of the Midtown East rezoning, which has already resulted in the rise of One Vanderbilt. Now, with 270 Park Avenue and other projects already on the development boards, Vornado and Rudin Management’s plans for 350 Park Avenue have been fully revealed, depicting yet another supertall that would rise almost 1,500 feet to its pinnacle. While the architect has not been confirmed, YIMBY is strongly suspicious that the design is by Foster + Partners, the firm responsible for the nearly-complete 425 Park Avenue.
The Grand Hyatt New York next to Grand Central Terminal may soon be replaced. Developers TF Cornerstone and MSD Partners, L.P. recently announced their plans to redevelop the site in East Midtown, at 42nd Street and Lexington Avenue. The new mixed-use project would take the place of the existing building, adding 2 million square feet of retail and prime class A office space. In addition, the proposal also includes a new (but smaller) Grand Hyatt hotel.
One Vanderbilt is officially the latest skyscraper in New York City to claim supertall status. Located at 41 East 42nd Street in Midtown East, the imminently 1,401-foot tall office building already soars above Grand Central Station, and new steel columns continue to sprout along the perimeter and core, having now punctured the 1,000-foot mark. Designed by Kohn Pedersen Fox, the upcoming 58-story tower is being developed by SL Green and will span 1.75 million square feet.
One Vanderbilt quickly climbed into the Midtown skyline in 2018, in what seemed like the fastest climb of any supertall to rise in Manhattan in recent years. After growing past street level last winter, the superstructure has now passed the height of the Metlife Building across the street from Grand Central Station, and is on pace to top-out by the middle of 2019. The 58-story building is being designed by Kohn Pedersen Fox and developed by SL Green. 1.75 million square feet of commercial office space and a reported three-story observation deck will soon result, upon completion, and One Vanderbilt is the third-tallest skyscraper currently being built in New York City.