NEW YORK | 175 Park Avenue (Grand Hyatt) | 1,581 FT | 92 FLOORS

[chris08876]

^^^

New wallpaper.

Incredible rendering and shot to begin with.

[ChiND]

How lucky are we to be getting two utterly iconic structures at 175 and 350 Park?

[Sky88]

Yes, very nice. Let's just hope they hurry up and build while the American economy is still holding up well...

[NYguy]

Originally Posted by Sky88

Yes, very nice. Let's just hope they hurry up and build while the American economy is still holding up well...

This will be a decade long process.

[ChiND]

Originally Posted by NYguy

This will be a decade long process.

Didn’t 270 Park take about six years from start to finish? I think that demo there started around 2019, and the Hyatt is about half the height as the former 270 Park was. Even though 175 is about 170 taller than 270, I think it should also finish in about six years.

[ssh]

SR also said about 2032 if I remember correctly.

[ChiND]

Originally Posted by ssh

SR also said about 2032 if I remember correctly.

Thanks. So six years, as with 270 Park, sounds about right.

Are there any architects or engineers here who have a reasonable estimate as to how long it will take for the Hyatt to be razed?

[Mulan]

My assessment of the construction and demolition:

Duration of demolition: 1-1.5 years, including construction of the foundations.
Installation of the four mega columns, construction of the fan column, and construction of the tabletop = approximately 1 year.
Construction of the steel skeleton: 2-2.5 years
I estimate that the last year will be spent completing the facade and then moving in the employees.

[ChiND]

Originally Posted by Mulan

My assessment of the construction and demolition:

Duration of demolition: 1-1.5 years, including construction of the foundations.
Installation of the four mega columns, construction of the fan column, and construction of the tabletop = approximately 1 year.
Construction of the steel skeleton: 2-2.5 years
I estimate that the last year will be spent completing the facade and then moving in the employees.

Thanks. I appreciate the input. Are you an architect, or are you guessing based on precedents like 270 Park.

[NYguy]

They explained all of this already, it’s why they have a 10 year special permit. The skyscraper itself should take 5.

[ChiND]

Originally Posted by NYguy

They explained all of this already, it’s why they have a 10 year special permit. The skyscraper itself should take 5.

[ssh]

This upcoming 2026 construction boom reminds me of the the mid 2010s all over again, except this time the proposals thankfully aren't all anorexic.

[ssh]

This upcoming 2026 construction boom reminds me of the the mid 2010s all over again, except this time the proposals thankfully aren't all anorexic.

[NYguy]

Outlined timeline (just move the schedule up 4 years for a 2026 start date)















When work does begin:

[ChiND]

I am elated at what the future holds for our Metropolis!!!

[chris08876]

Originally Posted by ChiND

I am elated at what the future holds for our Metropolis!!!

I think we are on the path to a Bloomberg style boom. Between everything going on in Midtown, 2 WTC rising from the dead, the Jersey City boom, and the Bronx, Queens and Brooklyn booming... and even the prospect of Staten Island out of all places seeing a lot of units... might be a historic boom!

Between the 5 boroughs and the whole MSA seeing units in general, big boom not just for the core city but for the metro area in general.

And, we seem to have pro-housing leaders on both sides of the Hudson... at the same time!

We just need to get the NIMBYS in Long Island (Nassau, and Suffolk) to go to hell and build more in Long Island. Wasted potential in Long Island... and that needs to change.

[ChiND]

Originally Posted by chris08876

I think we are on the path to a Bloomberg style boom. Between everything going on in Midtown, 2 WTC rising from the dead, the Jersey City boom, and the Bronx, Queens and Brooklyn booming... and even the prospect of Staten Island out of all places seeing a lot of units... might be a historic boom!

Between the 5 boroughs and the whole MSA seeing units in general, big boom not just for the core city but for the metro area in general.

And, we seem to have pro-housing leaders on both sides of the Hudson... at the same time!

We just need to get the NIMBYS in Long Island (Nassau, and Suffolk) to go to hell and build more in Long Island. Wasted potential in Long Island... and that needs to change.

I agree, Chris.


SOM

[Zapatan]

Originally Posted by chris08876

I think we are on the path to a Bloomberg style boom. Between everything going on in Midtown, 2 WTC rising from the dead, the Jersey City boom, and the Bronx, Queens and Brooklyn booming... and even the prospect of Staten Island out of all places seeing a lot of units... might be a historic boom!

Agreed, but what happened with 2WTC?

This upcoming 2026 construction boom reminds me of the mid 2010s all over again, except this time the proposals thankfully aren't all anorexic.

Also agreed, even if this winds up a little shorter than CPT it will still be more imposing on many levels, and prettier.

I like CPT but it could have been better.

[ChiND]

I was watching the interview of Rechler and Rudin again. We are getting two extraordinary icons at 175 and 350 Park.

https://www.cnbc.com/video/2025/11/14/alpha-and-the-city.html

Everything about these two towers is absolutely perfect!



https://www.sps.nyu.edu/about/news-and-i...h-capital-markets-real-estate-dec-3.html

[mrnyc]

good to know for wherever this is a go:

18 month demo and 47 month construction periods