With the installation of its first steel column, One Vanderbilt, soon to be New York City’s second-tallest skyscraper, officially began vertical construction on Friday. Banker Steel Company provided the 26,000 tons of domestically milled and fabricated structural steel for development, which included the first 20-ton column installed. According to the team, the construction of One Vanderbilt is three weeks ahead of schedule. SL Green Realty and AECOM Tishman say the supertall skyscraper will add to the modernization of East Midtown’s business district, as the office building will boast column-free floors, floor-to-ceiling windows, and 360-degree views.
SL Green Realty
Grand Central owner Andrew Penson is back in the news again, this time suing the city and One Vanderbilt developer SL Green for a princely sum of $1.1 billion. As the NY Times reports, Penson is claiming that the 65-story behemoth slated to rise next door to the historic structure has led to the devaluation of his air rights atop the terminal.
Penson claims that the de Blasio administration, the City Council and SL Green “deprived him of his property rights when the city gave SL Green permission to build a 1,501-foot tall office tower, without having to buy any air rights from him.” By allowing for a tower twice the size of what was zoned for the block “for free” (but really, in exchange for a $220M investment into the subway infrastructure beneath Grand Central), his air rights have been rendered “worthless.”
Image: One Vanderbilt via SL Green/KPF
Foes of One Vanderbilt could soon find themselves with choice words for a new supertall enemy on the rise in the Midtown corridor. The Post reports that developer Howard Milstein is now looking to design and develop a brand new tower at 335 Madison Avenue. Millstein’s move takes advantage of the new Vanderbilt corridor zoning that would allow a building of 30 FAR with various bonuses.
Currently in its place, however, is a 1.1 million square-foot tower from 1984. The new project would require knocking down the existing building and constructing anew. Although that sounds like an impossible task, The Post notes that the tower was actually a redevelopment of the 1913-era Biltmore Hotel that the Milstein family started razing before preservationists could react—meaning there’s far less architectural significance here than there once was. While the current building does host tenants, roughly 500,000 square feet is already vacant. A new tower would also take several years to plan and develop. Milstein’s new plan could include a high-end hotel which would harken back to the site’s hotel past.
[Via NY Post]
- One Vanderbilt May Offer Sky-High Observation Deck
- Landmarks Deems S.L. Green’s One Vanderbilt Tower ‘Appropriate’ for Its Grand Central Site, Others Not Happy
- One Vanderbilt: New Images of Midtown East’s Zigzag Supertower
Recently at the Municipal Art Society’s 2014 Summit for NYC, James von Klemperer, FAIA , a principal at Kohn Pederson Fox & Associates, briefed the audience with new details on the architecture firm’s upcoming supertall project known as One Vanderbilt.
In case you haven’t been paying attention, the 68-story, 1,514-foot zigzag building is expected to become the tallest office tower in Midtown and third tallest in the city behind One World Trade Center (1,776 feet to spire tip) and Extell’s Nordstrom Tower (1,775 feet to spire tip).