[QUOTE=TonyNYC;10633912]
Quote:
Originally Posted by ChiND
Aby’s adjacent eyesore on Madison should be redeveloped.
I would think this eyesore and all the others in the area.. could be in play for redevelopment!!
Fun times indeed!!
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477 Madison is part of a lot merger with 350 Park Avenue, and can NOT be redeveloped with a new building. All remaining and overbuilt development rights are being used on the 350 Park Avenue site. Further, there was an easement purchased that subjects 477 Madison Avenue to it's existing envelope. That means, even if something were to happen to it, it would have to be rebuilt to existing dimensions.
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