[NYguy]

https://www.stocktitan.net/news/BXP/bxp-...ison-avenue-in-midtown-saci57suhn3v.html

BXP Launches Vertical Construction of 343 Madison Avenue in Midtown Manhattan
930,000 SF Premier Workplace Tower at Grand Central Madison to Deliver in Late 202


7/29/2025

BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today the commencement of full vertical construction of 343 Madison Avenue, a 930,000 square foot premier workplace with direct access to Grand Central’s Madison Concourse between 44th and 45th Street.

Designed by Kohn Pedersen Fox, the 46-story tower will offer a hospitality-forward amenity program and market leading sustainability features. A dramatic double-height, client-exclusive club on the top floors will include spaces to dine, connect, and collaborate indoors and out, with striking terraces and expansive views overlooking Midtown. A robust food and beverage program including a lobby café and bicycle storage with cabanas and showers round out the amenity program.

“We are thrilled to move forward with vertical construction of 343 Madison,” said Owen Thomas, Chairman & CEO, BXP. “At the best positioned office development site in New York, BXP will deliver a premier workplace that represents a strong and significant value creation opportunity for BXP’s shareholders as well as a core long-term asset within our portfolio.”

BXP has executed a letter of intent with a prestigious, investment grade financial institution to anchor 343 Madison Avenue and occupy 30% of the building, in the lower-middle section of the tower. This commitment marks another major milestone in the project's momentum, positioning 343 Madison as the unrivaled opportunity for premier businesses in the heart of Midtown.

“The unprecedented level of client interest and the strong commitment of our anchor client underscore 343 Madison’s position as New York’s next iconic address,” said Hilary Spann, Executive Vice President, NY Region, BXP. “This project represents an unparalleled opportunity for premier companies to establish a world-class workplace in the heart of Midtown Manhattan. The demand for luxurious, sustainable, and thoughtfully designed workplaces is driving the next generation of development at BXP in New York and beyond.”

The building will offer 40 premier workplace floors, ranging from 27,500 square feet in the podium to 21,500 square feet in the high-rise. Specialty floors including private terraces and elevated ceiling heights allow clients to design a multi-functional workplace that accommodates a variety of work styles and space needs.

Sustainability is a key pillar of the property, with the building designed to be fully electric with zero on-site combustion and a high efficiency direct outside air system. Climate resiliency, decarbonization, and health & wellness are at the core of the building design. Target certifications include LEED Platinum, Well Core, Energy Star 85+, Fitwel, and WiredScore Platinum.

https://www.businesswire.com/news/home/2...-343-Madison-Avenue-in-Midtown-Manhattan