Demolition preparations are ramping up at 415 Madison Avenue in Midtown East, the site of a 605-foot-tall commercial skyscraper and number 25 on our year-end countdown. Designed by Skidmore Owings & Merrill and developed by 415 Madison Avenue LLC, the 40-story building will yield 343,100 square feet of office space and replace a 66-year-old structure currently owned by Rudin Management at the corner of Madison Avenue and East 48th Street. YIMBY last reported that the LLC was seeking special permits as part of the ULURP process to build in compliance with the East Midtown sub-district regulations. This would allow for the reconstruction of overbuilt floor area in a new development, as well as obtaining air rights from the nearby landmarked St. Bartholomew’s Church along Park Avenue. The new property will also include a 350-square-foot ground-floor retail pavilion and a 2,400-square-foot open-air public concourse.
An Environmental Assessment Statement reveals plans for a 40-story tower designed by Skidmore Owings & Merrill at 415 Madison Avenue in Midtown East, Manhattan. The applicant 415 Madison Avenue LLC is seeking special permits as part of the ULURP process to construct a 605-foot-tall commercial building on the northeast corner of Madison Avenue and East 48th Street. Rudin Management currently owns the site, which houses a 24-story structure yielding 270,000 square feet of boutique office space. It opened in 1955 and has floor plates ranging from 5,000 to 15,000 square feet.
Renderings from Fogarty Finger Architecture reveal a major renovation and redesign of a through-block commercial lobby at 80 Pine Street in Manhattan’s Financial District. The Rudin Family, owners and original developers of the property, commissioned the architects to complete a brighter, more inviting entry into the Class A office tower.
Perhaps the most exciting skyscraper project proposed for New York last year is 350 Park Avenue, a nearly 1,500-foot-tall skyscraper from Vornado Realty Trust and Rudin Management. After YIMBY broke the news on Vornado’s expected 2027 completion date for the tower back in February, we stopped by the site to check on the status of its current occupant. Located between East 51st and East 52nd Streets, a total of two edifices would need to be demolished to make way for the development.
Plans for 350 Park Avenue were revealed last year but we won’t see the supertall complete until 2027 at the earliest. In a 2019 fourth quarter earnings call last week for Vornado Realty Trust, the company confirmed that ongoing leases would conclude by end of 2023, which is the earliest it could begin to take down the current building and build the almost 1,500-foot-tall office skyscraper.