Progressing at breakneck speed since the demolition of the original extant commercial buildings in early 2016, One Vanderbilt‘s rise into the Midtown skyline has occurred at the quickest pace since the Roaring Twenties, when the Chrysler Building and Empire State Building were each completed within very short timeframes.
The Foster + Parters design for 425 Park Avenue’s revamp is making major progress. The Midtown office building will be aesthetically divided into three sections, with proportions defined by the remains of the formerly extant structure, which comprise its lowest floors. Thanks to Tectonic, we can confirm that the new tower is now making the transition from its second section into the final, vertical rise. Construction has 22 floors left until topping-out, or just over half of the 41 total floors that will result.
Earlier today, Gamma Real Estate secured approval from the Board of Standards and Appeals to continue with construction of the Foster + Partners designed residential tower that will rise over 800 feet above its surrounding context, at 3 Sutton Place. Located just south of the Ed Koch Queensboro Bridge on East 58th Street between Sutton Place South and 1st Avenue, and only a stone’s throw away from the East River, the project has continued to stir controversy and disapproval from local NIMBYs, who have been attacking the plans since renderings were revealed back in December 2015.
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.
The last time YIMBY checked in on Ceruzzi Properties’ 138 East 50th Street in late August, the residential tower had just climbed past its 40th floor. Now, construction appears to have reached the parapet, 800 feet and 63 floors above the Midtown streets below, as seen in the latest update from Tectonic.