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350 Park Avenue

Coordinates:40°45′30″N73°58′26″W / 40.7583°N 73.9739°W /40.7583; -73.9739
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From Wikipedia, the free encyclopedia

Planned building in Manhattan, New York

350 Park Avenue
Artist's impression
Map
Interactive map of 350 Park Avenue
General information
StatusProposed
Architectural styleModernism,Neo-Futurism
Location350 Park Avenue, New York, NY 10022, USA
Coordinates40°45′30″N73°58′26″W / 40.7583°N 73.9739°W /40.7583; -73.9739
Height1,650 feet (500 m)
Technical details
Floor count62
Floor area1,800,000 square feet (170,000 m2)
Design and construction
ArchitectsFoster and Partners,AAI Architects, P.C. (asarchitect of record)
DeveloperVornado Realty Trust,
Rudin Management

350 Park Avenue is a plannedsupertall office tower inMidtown Manhattan, New York City, designed byFoster + Partners[1] and developed byVornado Realty Trust andRudin Management.[2]

Citadel LLC, and an associated entity,Citadel Securities, have committed to act asanchor tenants.[3] The firm is also involved in the development and design of the building.[3] Citadel leased space in the building currently on the site.[4]

If built as proposed, the building will have 62 stories, and be approximately 1,650-foot-tall (500 m) in height. Plans call for 1,800,000 square feet (170,000 m2) of commercial office space, of which Citadel will occupy approximately 850,000 square feet (79,000 m2).[5] The proposal also includes the construction of a 12,500-square-foot public concourse fronting onto Park Avenue and a contribution of over $35.8 million for the city's East Midtown Public Realm Improvement Fund, as part of its public-private agreement in conjunction with the City of New York.[5]

History

Vornado Realty Trust's initial proposal for a skyscraper at 350 Park Avenue was first revealed in 2019 through a marketing brochure.[6] TheFoster + Partners design featuring angular, glass-curtain wall facades and twin spires that would reach an estimated height of almost 1,500 feet (460 m).[6]

In January 2023,Bloomberg reported that the hedge fundCitadel planned to build a tower at the site, with a height of roughly 1,350 feet (410 m) over 51 floors and containing 1,700,000 square feet (160,000 m2) of commercial space, of which Citadel planned to occupy 54%.[7] The plan involved a new design for the tower, also by Foster + Partners, featuring seven outdoor terraces.Eric Adams, themayor of New York City, revealed details and renderings of the proposal at a meeting of theAssociation for a Better New York in April 2024.[3][8] This design called for a revised height of 1,600 feet (490 m) and 62 stories.[9][10] To permit the additional height, Citadel andRudin Management would acquiredevelopment rights from the nearbySt. Bartholomew's Episcopal Church andSt. Patrick's Cathedral.[10]

With an application filed with theNew York City Department of City Planning, the proposal is set to begin the city's public review process in early 2025, with an estimated completion date of 2032.[5][11]Ken Griffin of Citadel submitted plans for 350 Park Avenue to theNew York City Department of Buildings in January 2025.[12] The next month, the city started theUniform Land Use Review Procedure process for the building.[13][14]

Architecture

The proposedsupertall skyscraper is designed byFoster + Partners and consists of a stepped form rising to approximately 1,600 feet (490 m) over 62 stories,[3] with an inwards taper on its northern and southern facades and its stepped terraces facing east over Park Avenue. The design is conceived by Foster + Partners as "a series of glass flutes",[1] dividing the northern and southern facades into separate bays, each framed with curved glass windows. The corners of the building's layout similarly feature curved glass and are column-free, maximizing views and natural light penetration into the building.

The building's proposed 1,800,000 square feet (170,000 m2) of commercial floor space is made possible in part by Citadel and Vornado's purchase of air rights from St. Patrick's Cathedral[15] and Saint Bartholomew's Church.[5] The tower's design includes a 12,500-square-foot open-air public concourse located along Park Avenue with office floors raised above it, providing green space, seating, and greater visibility of surrounding landmarks such as theRacquet and Tennis Club building and St Bartholomew's Episcopal Church.[5]

See also

References

  1. ^ab"Designs for 350 Park Avenue revealed".Foster and Partners. May 2, 2024. RetrievedSeptember 30, 2024.
  2. ^Trombola, Nick (April 16, 2024)."Ken Griffin Moving Forward With 350 Park Avenue Office Tower Development".Commercial Observer. Archived fromthe original on April 16, 2024.
  3. ^abcdCheng, Andria (April 17, 2024)."Citadel Advances Plans for Skyline-Altering Tower on New York's Park Avenue".CoStar News. RetrievedSeptember 30, 2024.
  4. ^Wong, Natalie; Doherty, Katherine (June 9, 2022)."Citadel to Boost Office Presence on Manhattan's Park Avenue".Bloomberg.com. RetrievedOctober 24, 2024.
  5. ^abcde"Mayor Adams Unveils new Details of Skyline-Shaping Office Tower, Bolsters Ongoing Resurgence of Midtown Manhattan".NYC.gov. April 16, 2024. RetrievedSeptember 30, 2024.
  6. ^abFedak, Nikolai (May 4, 2019)."Vornado's Supertall 350 Park Avenue Fully Revealed, Expected To Rise Nearly 1,500′ To Pinnacle".New York YIMBY.Archived from the original on June 12, 2020. RetrievedSeptember 30, 2024.
  7. ^Gordon, Amanda L.; Wong, Natalie (January 9, 2023)."Citadel Plots Out NYC Tower in Major Buildout After Banner Year".Bloomberg. RetrievedJanuary 9, 2023.
  8. ^Garber, Nick (April 16, 2024)."62-story Midtown tower from Vornado, Ken Griffin 'becoming a reality,' Adams says".Crain's New York Business. RetrievedFebruary 5, 2025.
  9. ^Walter-Warner, Holden (April 16, 2024)."Vornado, Rudin reveal plan for larger 350 Park Avenue project".The Real Deal. RetrievedFebruary 5, 2025.
  10. ^abRoche, Daniel Jonas (April 17, 2024)."Foster + Partners unveils latest design for 350 Park Avenue".The Architect's Newspaper. RetrievedFebruary 5, 2025.
  11. ^Frishberg, Hannah (April 19, 2024)."NYC is getting a dazzling new 'skyline-shaping' office tower".New York Post. RetrievedSeptember 30, 2024.
  12. ^Wong, Natalie (February 4, 2025)."Ken Griffin's New Manhattan Tower Nears Public-Review Process".Bloomberg.com. RetrievedFebruary 5, 2025.
  13. ^Brenzel, Kathryn (March 18, 2025)."The Daily Dirt: City kicks off review of 350 Park Avenue".The Real Deal. RetrievedMarch 18, 2025.
  14. ^Young, Michael (March 18, 2025)."ULURP Process Underway For Foster + Partners' 350 Park Avenue Supertall in Midtown East, Manhattan".New York YIMBY. RetrievedMarch 18, 2025.
  15. ^Walter-Warner, Holden (December 11, 2023)."Griffin agrees to buy up $164M in air rights from St. Patrick's Cathedral".The Real Deal. RetrievedSeptember 30, 2024.
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