Rendering by Ekoomedia, Inc. / Courtesy of Skidmore, Owings & Merrill
The New York City Council voted on Wednesday to allow the proposed development at the site currently occupied by the Grand Hyatt Hotel at 175 Park Avenue. New Greater East Midtown zoning rules permit developers to construct supersized towers if they are accompanied by hefty contributions to transit and public amenities. In addition to the construction of a 2.1-million-square-foot, 1,575-foot-high building with retail and office space, a new 500-room hotel, a sky lobby, a lounge, and a restaurant, the site will include 25,000 square feet of elevated, publicly accessible terraces that will host cultural and arts events. The project also promises to bring hundreds of millions of dollars in transit improvements.
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Arts programming on 175 Park Avenue’s Graybar Terrace. Image credit: James Corner Field Operations. The artwork shown for illustrative purposes is “The Roses” by Will Ryman
The developers behind the huge tower that will replace the existing Grand Hyatt New York announced last week plans to open up its elevated terraces to the public for events. The Public Art Fund and Lord Cultural Resources will develop a cultural program that will bring art installations, community events, and other programs to 175 Park Avenue, the 83-story mixed-use building proposed by TF Cornerstone and RXR Realty.
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175 Park Avenue, looking northeast. Rendering by Ekoomedia, Inc. / Courtesy of Skidmore, Owings & Merrill
In February, we got our first look at the 1,646-foot tower proposed for the Grand Hyatt site next to Grand Central. Designed by Skidmore, Owings & Merrill (SOM), the sustainable mixed-use building would rise 83 stories and become the second-tallest tower in NYC behind One World Trade Center. Though 175 Park Avenue takes advantage of the Midtown East Rezoning, developers RXR Realty and TF Cornerstone are still seeking several special zoning permits, including those for hotel use and added height in exchange for transit and infrastructure improvements. To obtain these variances, the project has now entered the city’s Uniform Land Use Review Process (ULURP), and with it, has revealed several new renderings.
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