NEW YORK | 335 Madison Ave | FT | FLOORS

[hunser]

New tallest?

http://www.crainsnewyork.com/article...r-in-the-works

New Milstein tower in the works

A new spire is slated for the Vanderbilt Avenue corridor near Grand Central Terminal, and it's not SL Green Realty Corp.'s controversial 1 Vanderbilt. Developer Howard Milstein plans to develop and design a much larger new tower at 335 Madison Ave., according to the New York Post.

The existing 1.1 million-square-foot office tower was actually built in 1984 by Mr. Milstein, who redeveloped the 1913-era Biltmore Hotel that his family razed before preservationists could protest. The proposed new tower will likely include a luxury hotel.