NEW YORK | 625 Madison Ave | ~800 FT | 34 FLOORS

[NYguy]

Rough comparison of the two massings....

[NYguy]

Foundation permit was approved, and it seems they are ready to begin....



APRIL 9, 2026

[ChiND]

I’m curious what they build. I think that they can build a roughly 840k sf office building without any height limits. I assume that Related will want the upper floors to be at least 900 feet tall.

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 5:57 PM

[ChiND]

A new building permit was filed on April 8, 2026.

https://a810-dobnow.nyc.gov/publish/Index.html#!/search

[NYguy]

Originally Posted by ChiND

A new building permit was filed on April 8, 2026.

Not a “new” permit. It’s the existing permit application. They haven’t updated the zoning diagram, but you get an idea from the pic above.

[ChiND]

Originally Posted by NYguy

Not a “new” permit. It’s the existing permit application. They haven’t updated the zoning diagram, but you get an idea from the pic above.

Thanks.

[NYguy]

The permit states they are using a transit improvement bonus to get to that 800k sf number, but nothing seen so far.

[ChiND]

Originally Posted by NYguy

The permit states they are using a transit improvement bonus to get to that 800k sf number, but nothing seen so far.

Is that something that will require a long review by the city, or is it pretty straightforward? I suspect that Related would like to expedite this.

[NYguy]

https://nypost.com/2026/04/22/real-estate/a-look-inside-the-latest-crop-of-nyc-super-towers/

Inside the new ultra-towers set to transform the NYC skyline in the coming years


By Lois Weiss
April 22, 2026

.....All the dealmaking has taken a big bite out of the Manhattan trophy vacancy rate, dropping it to 3.4%, according to Newmark statistics. It’s tough for any firm desiring new updated quarters to find affordable space, as asking rents soar from $150 per foot to a whopping $400 per foot — what the best spaces in Related’s upcoming 52-story 625 Madison are asking.

[Zapatan]

52 floors? Hmm...

[NYguy]

https://nypost.com/2026/04/22/real-estate/meet-625-mad-the-apex-office-aspiring-to-set-new-records/

Meet Manhattan’s new apex-office aiming to smash leasing price records




Hoping to reproduce the wow-factor that made One Vanderbilt the city's most optimal office tower, Related is constructing a 52-story, 840,000-square-foot tower at 625 Madison Ave. designed by starchitects Foster + Partners and Gensler. It expects the site to set rental records with lease deals topping $400 per square foot.


By Lois Weiss
April 22, 2026

The newest entrant to Manhattan’s office pipeline is poised to set a pricing benchmark at the very top of the market. Related Companies is marketing its forthcoming 52-story tower at 625 Madison Ave. with asking rents that could reach an unprecedented $400 per square foot on the uppermost floors.

The 840,000-square-foot project will target premier tenants in the technology and financial sectors, with base rents beginning around $250 per square foot and escalating sharply with elevation — ultimately delivering what would be the highest office asking rents ever recorded in New York City.

The development is a partnership between Related and Andrew Mathias, the former president of SL Green Realty, who oversaw the development of One Vanderbilt adjacent to Grand Central Terminal. That skyscraper recently secured a second lease exceeding $300 per square foot, underscoring the continued strength of the top-tier office market.

Strategically positioned between East 58th and 59th streets, the site bridges the Plaza District’s commercial core and the über-luxury residential corridor known as Billionaires’ Row.

Initially conceived as a slender, tall residential tower, the project has since been reimagined — reflecting renewed demand for high-end office space — into a state-of-the-art, carbon-neutral commercial building, supported in part by investment by a Saudi sovereign wealth fund.

The design team has also evolved. Foster + Partners and Gensler — the latter also on Related’s 70 Hudson Yards — have been selected to create what is envisioned as the signature trophy tower to rule them all.

The structure features curved glass corners, polished steel framing and integrated greenery designed to complement views of nearby Central Park.

The building will be organized into stacked, column-free office clusters of roughly six floors each, interspersed with amenity levels opening onto landscaped terraces along the north, south and west façades.

The configuring on the edges of buildings — promoted by Gensler — maximizes natural light and promotes workplace interaction, while also allowing future flexibility for a diverse mix of tenants.

Architectural highlights include double-height mechanical floors and a sculpted crown with metallic screening, as well as a dramatic, top-floor space envisioned as a double-height amenity or executive suite.

A central amenity zone features triple-height glass — rising 30 to 40 feet — potentially incorporating a mezzanine level connected by statement staircases.

With large floor plates and over 600 feet tall, the tower will be nestled among its neighbors: the General Motors Building at 705 feet, the Four Seasons Hotel New York at 682 feet and 520 Park Avenue at 781 feet.

But with air rights already transferred from the low-rise Metropolitan Club on Fifth Avenue, the Related project is guaranteed views of Central Park for its future occupants.

This is the only new development in the Plaza District with a timeline, sources said, that is “years ahead” of other new construction. In both design and pricing, Related is positioning 625 Madison as a leader of New York’s next generation of trophy office projects.

[NYguy]

Another look...

[ChiND]

It looks very nice. It reminds me of some of the iterations for both 15 Penn and 350 Park. I think it’s a lot better than the ridiculous stick that was proposed previously.

I’m curious to see the base. As I recall from the zoning diagram, it has a setback on the lower level.

I thought it would be at least 850 to 900 feet tall, if not 1,000, but I think it looks really good as it is. Presumably, the crown will light up at night.

[BK1985]

I'm really not mad at this design, Its the more "refined" sibling to 15 Penn. You can definitely see the shared DNA.

[Crawford]

The building is attractive, but this was originally a 1,300 ft. condo-hotel tower. A 700-800 ft. (at absolute best) office tower sucks in comparison, especially on this prime site.

But I get it. Office rents in this part of Midtown are insane, and there's zero availability. I just wish the zoning were more generous, so we could at least get an office supertall.

[ChiND]

What I find amazing about NY is that 625 Madison, 343 Madison, 570 Fifth, and 70 HY would be landmark towers in Dallas, Atlanta, Minneapolis, etc., yet, they’re “filler” in Gotham. I look forward to seeing the final designs for 346 Madison and 405 Park.

It’s good to be the Financial Capital of the World!

[Busy Bee]

People people people. The in-context rendering scale looks like poppycock to me. Those floors look like 18-20 feet slab-to-slab. That could produce a nearly 1000' tower not including the lobby/base, mech floors and crown. Those loggia levels appear to be ~ 50'.

I'm predicting ~ 1,100'

While I'm not the world's biggest fan of this Foster aesthetic very similar to 15Penn, these renderings are undeniably promising.

[BuildThemTaller]

Originally Posted by Busy Bee

People people people. The in-context rendering scale looks like poppycock to me. Those floors look like 18-20 feet slab-to-slab. That could produce a nearly 1000' tower not including the lobby/base, mech floors and crown. Those loggia levels appear to be ~ 50'.

I'm predicting ~ 1,100'

While I'm not the world's biggest fan of this Foster aesthetic very similar to 15Penn, these renderings are undeniably promising.

Exactly. How many floors is 270 Park, like 53? If they build a Class A office tower with 52 floors on this site, it will be at least 1,000 ft.

This is one of the nicer F+P designs lately. Hopefully, they can land a big anchor tenant to build it taller.

[ChiND]

That makes sense, if this were the same height as the GM Building (approximately 700 feet), at 52 stories, each floor would be roughly 13.5 feet. That doesn't even take into account the crown, which appears to be about 5 or six stories tall.

In fact, I believe that 15 Penn would be 53 stories and over 1,000 feet.

While the rendering shows it about the same height at the GM Building, I would have thought that it would be at least 850 feet, if not more. Better views will yield higher rents.

I suspect that this will start without a tenant. The Saudi partner can basically finance it.

[NYguy]

The newest entrant to Manhattan’s office pipeline is poised to set a pricing benchmark at the very top of the market. Related Companies is marketing its forthcoming 52-story tower at 625 Madison Ave. with asking rents that could reach an unprecedented $400 per square foot on the uppermost floors.

The 840,000-square-foot project will target premier tenants in the technology and financial sectors, with base rents beginning around $250 per square foot and escalating sharply with elevation — ultimately delivering what would be the highest office asking rents ever recorded in New York City.

.....The design team has also evolved. Foster + Partners and Gensler — the latter also on Related’s 70 Hudson Yards — have been selected to create what is envisioned as the signature trophy tower to rule them all.

The tower to rule them all. It's no wonder Soloviev is contemplating office tower for the 10 W. 57th site, especialy as 9 W 57 reaches record rents. The lack of new supply, especially in this part of Manhattan is driving up those rents. Gary Barnett may do something similar with 405 Park Avenue.

But this tower looks like if 425 and 175 Park had a child.