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Old Posted Feb 7, 2025, 3:40 PM
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Quote:
Originally Posted by Crawford View Post
SL Green owns 280 Park, which is a two-towered complex just to the north of Chase. They eventually plan on demolishing both and replacing with a major tower. They're keeping space off the market, and the existing leases have demolition clauses.
I don't think 280 is coming down, at least no time in the near future. At one point, Citadel was considered as a potential tenant there (they instead are moving to 660 5th), but Vornado has signed other tenants...

https://slgreen.com/sl-green-and-vor...0-park-avenue/

https://therealdeal.com/new-york/202...0-park-avenue/

They're currently getting approvals for outdoor restaurants on both the south and north sides of the towers.
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