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condos, Hotels, Midtown East, New Developments

Waldorf Astoria condos will launch sales in the fall

By Michelle Cohen, Tue, June 11, 2019

Waldorf Astoria, Waldorf NYC

Photo by James and Karla Murray exclusively for 6sqft.

The redeveloped Waldorf Astoria residences have a new teaser website, and according to an announcement by the historic hotel’s owner, Beijing-based Anbang Insurance Group Co., the new condos will be called The Towers of the Waldorf Astoria. The Wall Street Journal reports that sales of 375 private residences at the storied hotel will begin in the fall.

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Midtown East, Restaurants

Photo via Wikimedia

Less than a year after moving out of the historic Seagram Building and reopening a new space, the famed Four Seasons Restaurant will close Tuesday, the New York Times reported. The news comes after the restaurant reopened last year on East 52nd Street with a $40 million renovation. And last December, former managing partner Julian Niccolini resigned after pleading guilty to sexual assault in 2016.

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Midtown East, Policy

Via Flickr

The New York City Council on Wednesday approved the first supertall to be constructed under the Midtown East rezoning. JPMorgan Chase will build a new 70-story headquarters at the site of its current offices at 270 Park Avenue. The rezoning, adopted by the city in 2017, affects more than 70 blocks around Grand Central Terminal and encourages the construction of taller, more modern office towers in the neighborhood. Designed by Norman Foster’s Foster + Partners, the 1,400-foot building is set to become one of the tallest structures in the city and the tallest office building by roof height.  More here

Major Developments, Midtown East

350 Park Avenue, Vornado, Rudin Management

Via Vornado Realty Trust and Rudin Management Company

A tentative joint venture between two developers could bring another supertall to Midtown East. Vornado Realty Trust and Rudin Management Company may team up to develop a 1,450-foot office tower at 350 Park Avenue, the Real Deal reported Friday. A leaked brochure for the potential project includes renderings of the proposed tower, revealing a glassy building with a series of setbacks that would allow for outdoor terraces and floorplates of various sizes.

See it here

Construction Update, Midtown East, New Developments

Tower Fifth, Gensler, Macklowe Properties

Rendering courtesy of Gensler

Just one month after closing on 5 East 51st Street, a six-floor rental across the street from St. Patrick’s Cathedral, developer Harry Macklowe has filed demolition permits with the city, as CityRealty reported. This move brings Macklowe one step closer to realizing his vision for Tower Fifth, a 1,556-foot office tower that, if approved, will become the second-tallest building in the Western Hemisphere, surpassing Macklowe’s own 432 Park Avenue and coming in just short of One World Trade Center. (Tower Fifth’s roofline would actually be 216 feet above One World Trade Center’s but since its mast brings the building’s official height to 1,776 feet it would retain the title of the city’s tallest building.)

More details

Midtown East, New Developments

Chrysler Building, Art Deco NYC

Photo via Max Pixel

“I see the building as a Sleeping Beauty: It needs to be woken up and revitalized,” developer Aby Rosen told the Post about his plans for the Chrysler Building. His firm RFR Realty, in partnership with Signa Holding, bought the landmark for $150 million last month . His plans include restoring the 1930s Art Deco interiors by way of a series of restaurants that will take inspiration from Chrysler’s original Cloud Club, as well as adding a ‘”fashionable food hall” (of course) and retail spaces. The biggest news, though, is that he also wants to incorporate a new observation deck, joining the ranks of 30 Hudson Yards, One Vanderbilt, and Chrysler’s one-time rival the Empire State Building.

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Art, Events

stephen mallon, sea train, artificial reef, events, photography

Air Break, 2008. Photo by Stephen Mallon.

By now you may have seen Stephen Mallon’s mind-bending photo series showing thousands of decommissioned NYC subway cars being tossed into the Atlantic Ocean. The MTA initiative was undertaken more than 10 years ago with the goal of creating artificial reefs that would support sea life along the eastern seabed. The amazing photo series, briefly on view at NYU’s Kimmel Galleries, documented the train cars being heaved into the briny deep from Delaware to South Carolina over three years. Now, a new exhibit, “Sea Train: Subway Reef Photos by Stephen Mallon,” opening March 20th at the New York Transit Museum’s Grand Central Gallery, features 19 large-format photographs that capture the iconic subway cars, dropped like toy trains from hulking barges as they’re being deployed as sea-life-sustaining artificial reefs,

More amazing photos and their story, this way

Midtown East, Upper East Side

east river park, east river promenade, east river greenway, nyc parks

Image: Wikimedia commons.

NYC Parks has announced that Mayor Bill de Blasio has allocated $75 million in additional funding for ongoing East River Esplanade reconstruction projects underway from East Midtown through East Harlem. The new funding has been allocated to three distinct esplanade projects: East Harlem from 114th to East 117th Streets, the Upper East Side from East 90th to East 94th Streets and Midtown East from East 62nd to East 63rd Streets.

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Midtown East, New Developments

Image via Flickr

In response to pushback, JPMorgan Chase will be redesigning its planned 1,400-foot office tower at 270 Park Avenue with additional open public space, as Crain’s first reported. Under the East Midtown rezoning, new developments are required to provide 10,000 square feet of public space, but because two-thirds of the site sits above the Grand Central Terminal train shed, architects for the project argued they could only come up with 7,000 square feet. This notion was challenged by members of Manhattan Community Board 5 and elected officials. JPMorgan has now agreed to submit new designs increasing the size of the public space to 10,000 square feet and making it an open-air area instead of enclosed as it was in the initial design proposal.

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Midtown East, New Developments

Grand Hyatt, midtown east rezoning, TF cornerstone, midtown east, donald trump, grand hyatt, new developments, grand central terminal,

Image: Jennifer Rotner via Flickr.

Developer TF Cornerstone and investment firm MSD Partners have announced plans to purchase and tear down the Grand Hyatt building adjacent to Grand Central Terminal, the Wall Street Journal reports. The hotel brand will eventually return to the site in a form different from the smoked glass-clad building that was Donald Trump’s first major Manhattan development. In its place will rise a mixed-use project that includes 2 million square feet of high-octane office space. The planned development is one of four new towers in the works as a result of a 2017 Midtown East rezoning aimed at encouraging new office buildings as well as infrastructure improvements in the east side business district.

The times they are a-changin’ in East Midtown

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