Quote:
Demolition of the old Brooks Brothers building at 346 Madison Ave. and of next-door 11 E. 44th St. will start in the third quarter of this year, SL Green leasing director Steven Durels told Realty Check.
The 850,000 square-foot tower is projected to be finished in the third quarter of 2031, Durels said.
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Looks like they are sticking close to this timeline....
The new towers office towers in the immediate vicinity...a shame 570 5th couldn't use the Midtown East zoning. I understand the city wanted to fix the east side first, but it's such a large site, it could have easily accommodated a 2 msf or more tower. 346 and 343 together won't give us 2 msf of zoned floorspace. But together, they're contributing to fight the lack of new supply on the east side.
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