Posted Jul 15, 2024, 12:26 AM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 56,612
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https://nypost.com/2024/07/14/business/r...-1200-foot-skyscraper-on-madison-avenue/
Related Companies to build 1,200-foot skyscraper on Madison Avenue
By Steve Cuozzo
July 14, 2024
Quote:
Related Companies plans to build a supertall skyscraper on Madison Avenue rising to 1,200 feet, Related CEO Jeff Blau revealed to Realty Check.
The cloudbuster comprising luxury condos, stores and perhaps a hotel will rise at 625 Madison Ave., a property that includes next-door 39 E. 58th St., former home of restaurant Lavo.
Although Related’s desire for a new building was previously reported, its enormous scale was not known until now.
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Quote:
The new supertall can be built “all as of right,” Blau said – apparently meaning it required no zoning changes or city land-use review.
Blau spoke to The Post after last week’s historically momentous, but not entirely surprising, departure of Related founder and chairman Stephen M. Ross to launch a new development company in South Florida.
He didn’t have images of the 625 Madison plan to share yet.
We have nine months of demolition ahead first,” he said.
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