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Originally Posted by Submariner
Is this going to be an entire block development?
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No. The two buildings around the corner will remain.
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“Our East Midtown Rezoning provided a way to responsibly increase the economic value of one of the city’s most vibrant and transit-oriented areas,” said Vicki Been, New York City Deputy Mayor for Housing and Economic Development. “This transaction builds on our success to date at One Vanderbilt and 270 Park Ave by further generating first class space to attract new businesses and good jobs to the City while ensuring the new developments invest in transit and public spaces that will benefit the business district and everyday New Yorkers.”
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I'm waiting to see this carry over to the Grand Hyatt location.