350 Park Avenue
From Wikipedia, the free encyclopedia
| 350 Park Avenue | |
|---|---|
Artist's impression | |
![]() Interactive map of the 350 Park Avenue area | |
| General information | |
| Status | Proposed |
| Architectural style | Modernism, Neo-Futurism |
| Location | 350 Park Avenue, New York, NY 10022, USA |
| Coordinates | 40°45′30″N 73°58′26″W / 40.7583°N 73.9739°W |
| Height | |
| Height | 1,413 feet (431 m) |
| Technical details | |
| Floor count | 62 |
| Floor area | 1,800,000 square feet (170,000 m2) |
| Design and construction | |
| Architects | Foster and Partners, AAI Architects, P.C. (as architect of record) |
| Developer | Vornado Realty Trust, Rudin Management |
350 Park Avenue is a planned supertall office tower in Midtown Manhattan, New York City, designed by Foster + Partners[1] and developed by Vornado Realty Trust and Rudin Management.[2]
Citadel LLC, and an associated entity, Citadel Securities, have committed to act as anchor 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 1,413-foot-tall (431 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]
Vornado Realty Trust's initial proposal for a skyscraper at 350 Park Avenue was first revealed in 2019 through a marketing brochure.[6] The Foster + 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 fund Citadel 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, then mayor of New York City, revealed details and renderings of the proposal at a meeting of the Association for a Better New York in April 2024.[3][8] This design called for a revised height of 1,413 feet (431 m) and 62 stories.[9][10] To permit the additional height, Citadel and Rudin Management would acquire development rights from the nearby St. Bartholomew's Episcopal Church and St. Patrick's Cathedral.[10]
Ken Griffin of Citadel submitted plans for 350 Park Avenue to the New York City Department of Buildings in January 2025.[11] The next month, the city started the Uniform Land Use Review Procedure process for the building.[12][13] After the New York City Council approved the development that October,[14][15] Vornado applied for construction permits the next month.[16]
