Plans for 343 Madison Avenue in Midtown East unveil the substantial size and scope of the supertall to take the place of the former Metropolitan Transportation Authority (MTA) headquarters. Boston Properties is developing the project that would comprise 925,630 square feet and rise 1,050 feet tall, with Class A office space above ground-floor retail. The building would yield 5,357 square feet of retail space on the ground floor, 832,613 square feet of commercial office space above, and 84,593 square feet of dedicated mechanical space. The tower would sit on a podium 301 feet tall.
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.
Last month, YIMBY posted the first look at plans and renderings for 270 Park Avenue, which will become the future headquarters for JPMorgan Chase. The structural behemoth will become one of the largest office buildings in the Five Boroughs upon completion, totaling 2.5 million square feet and rising approximately 1,425 feet to its pinnacle. Today, we have another look at the project thanks to visualization firm ATCHAIN. While this image is the most refined of what has been revealed to date, differences in the silhouette between this version and the one leaked in a JPMorgan Chase report accompanying YIMBY’s last post indicate that this specific version could already be outdated relative to the previous reveal.
The first official DOB applications have been filed for JPMorgan’s new 57-story supertall office tower at 270 Park Avenue in Midtown East, Manhattan. YIMBY last reported on the 270 Park Avenue site when developer JPMorgan Chase filed a text amendment with City Planning for a tower designed by Foster + Partners Architects. Located between East 47th Street and East 48th Street, the lot is five blocks north of Grand Central Station, serviced by Metro North, as well as 4, 5, 6, 7, and S trains.
Demolition permits were filed last week for 5 East 51st Street, part of the assemblage that could give rise to New York City’s future tallest building by roof height. The future 1,556-foot-tall and 96-story Tower Fifth, is located in Midtown East, between Fifth Avenue and Madison Avenue. Permits were previously filed for this lot in April, but later withdrawn. Filings for the remaining structures within the footprint have also been trickling in over the past few months, hopefully indicating that excavation for the prospective supertall is imminent.