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Old Posted Jul 7, 2025, 7:12 PM
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The idea of ​​a mixed-use tower, hotel + office class AA, could increase the height of the tower.
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  #2  
Old Posted Jul 7, 2025, 8:12 PM
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That's an exciting prospect, they should try to top Central Park Tower.
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  #3  
Old Posted Jul 7, 2025, 8:51 PM
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The Saudis should partner with RXR on 175 Park.
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Old Posted Jul 7, 2025, 8:59 PM
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È una prospettiva entusiasmante, dovrebbero provare a superare la Central Park Tower.
It would be interesting but even a 1,400ft tower could be good. I hope that in the future the Saudi fund can build a 2,000ft mixed-use tower.

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I sauditi dovrebbero collaborare con RXR per il 175 Park.
They could, but I don't think they're interested...
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Old Posted Jul 7, 2025, 9:00 PM
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Originally Posted by Zapatan View Post
That's an exciting prospect, they should try to top Central Park Tower.
Give what looks like the size of the lot, I am glad that they plan something as tall of 1200 feet. It could have been a squat 700-800 box, and I am glad it apparently will not be.
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Old Posted Jul 7, 2025, 11:59 PM
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Originally Posted by Sky88 View Post
The idea of ​​a mixed-use tower, hotel + office class AA, could increase the height of the tower.
Looks like it’s a case of either, or.


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Originally Posted by DCReid View Post
Give what looks like the size of the lot, I am glad that they plan something as tall of 1200 feet. It could have been a squat 700-800 box, and I am glad it apparently will not be.
If they decide to do office, it will be a boutique office building among the likes of 425 Park Avenue. This is a very expensive submarket that plays well to all options - retail, residential, hotel, and office. The office is tempting, because it would be a rare ground up new office building, even more rare in that corner of Manhattan than the city as a whole, which is seeing relatively nothing. They’re not working with a lot of space here, so if they combined all, it would have to be extremely small, boutique office floors like you see at 520 5th Avenue. By the way, this site was home to Related for a long time, so it’s not surprising they see it as a good fit.
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Old Posted Jul 8, 2025, 12:38 AM
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It would be a real shame to go from 1,200 feet to 700/800 feet. Not to mention, an office tower here would probably be no more exciting than what Related is building at 70 HY.
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Old Posted Jul 8, 2025, 12:59 AM
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It would be a real shame to go from 1,200 feet to 700/800 feet. Not to mention, an office tower here would probably be no more exciting than what Related is building at 70 HY.
Well, they aren't building to satisfy skyscraper nerds, that's for sure.
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Old Posted Jul 8, 2025, 4:50 AM
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Originally Posted by NYguy View Post
Looks like it’s a case of either, or.
Are you referring to this?


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“625 Madison is a truly exceptional site with many possibilities, from mixed-use luxury residential, hotel and retail, to class AA office headquarters,” she said. “It’s the heart of luxury corridor and will have iconic Central Park views. We’re very excited about it.”
I interpret that as one or the other but maybe they're just throwing out options and office could still be added to the mixed use tower.


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Again, skyscraper nerds may be disappointed, but that's not why they're in business or have managed to stay in business all these years.
It would be nice if some multi-billionaire somewhere cared about making skyscraper nerds happy.

I was thinking this could be NY's next 400 meter tower but that seems less likely now.
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  #10  
Old Posted Jul 8, 2025, 1:22 PM
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Originally Posted by Zapatan View Post
It would be nice if some multi-billionaire somewhere cared about making skyscraper nerds happy.

I was thinking this could be NY's next 400 meter tower but that seems less likely now.
Sadly, that’s not why these mult-billion dollar investments get built. At least not in New York. But certainly, no one in New York can complain about watching supertall skyscrapers getting built. This may or may not be one. And the world turns.



https://www.arabianbusiness.com/industri...wo-thirds-stake-in-prime-manhattan-tower

PIF reportedly looking at two-thirds stake in prime Manhattan tower
The 1,200-foot tower, being developed by Related Company, is at 625 Madison Avenue, located just one block away from the Central Park



Joy Chakravarty
July 8, 2025


Quote:
Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, is reportedly planning to take up to two-thirds stake in Related Company’s 1,200-foot tower at 625 Madison Avenue site in midtown Manhattan.
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  #11  
Old Posted Jul 8, 2025, 4:28 PM
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  #12  
Old Posted Jul 9, 2025, 1:02 AM
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https://commercialobserver.com/2025/07/related-mulls-840k-sf-office-625-madison-saudi-infusion/

Related Mulls 840K SF of Office at 625 Madison After Saudi Infusion
Other possibilities include hotel rooms, retail and luxury residential



By Larry Getlen
July 8, 2025


Quote:
Related Companies’ planned skyscraper at 625 Madison Avenue just landed significant additional investment, with Saudi Arabia’s Public Investment Fund taking a two-thirds stake in the project, according to the Wall Street Journal.

The developer previously announced plans for a 1,200-foot tower at the site.

While its ultimate use has yet to be finalized, Related is considering developing the building into 840,000 square feet of trophy office, according to a source with knowledge of Related’s plans. Other possibilities include luxury residences as well as a hotel and retail.
Quote:
Related has a long history with the site, having first bought the 535,000-square-foot office building there in 1986, and occupying it as the company’s headquarters until selling the building to SL Green in 2004 for $231.5 million.

Related bought the building back from SL Green in May 2024 for $632.5 million — $1,123 a square foot — and began demolishing the existing building later that year.
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