Posted Aug 22, 2024, 9:24 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 56,199
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https://nypost.com/2024/08/22/real-e...or-demolition/
A 1950’s tower on Madison Avenue in Manhattan is slated for demolition
By Mary K. Jacob
Aug. 22, 2024
Quote:
Williams Equities is gearing up to demolish its 24-story office tower at 655 Madison Ave., according to a recent filing with the Department of Buildings, Crain’s reports.
The 310-foot-tall, 200,000-square-foot structure is expected to make way for something entirely new, though the exact plans remain under wraps.
Williams Equities, a near-century-old New York real-estate player, isn’t going at this alone. The firm is reportedly working with Jamestown to raze the building.
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Quote:
”We’ve emptied out a building in the Plaza District,” Cohen said. “SL Green had 625 Madison; ours is a stone’s throw away at 655 Madison. We’re going to see those buildings get torn down and replaced probably by a mixture of retail, hospitality and residential.”
Neither Williams nor Jamestown is coughing up more details, leaving the city to speculate about what could rise in place of the 1950s-era office tower, which was spruced up in 2005.
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“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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