NEW YORK | 350 Park Avenue | 1,413 FT | 62 FLOORS

JMKeynes · #1 Posted **Mar 12, 2021, 9:29 PM**

Since it appears that Blackstone will anchor 350 Park, I'd like to see KPMG or Morgan Stanley anchor 175 Park. As 345 Park would be virtually empty, I hope that Rudin razes it and builds a hyper-tower on its site. Under the Midtown East Rezoning, can an owner build a mixed use with hotel and condos? I assume that's the case since that's what RFR is doing at the Hyatt site. Can you imagine a 1,700' tower at 345 Park with 1,000' of office, 200' of 5 star hotel, and 500' at the top of mega-luxury condos?

"Mr. [Rudin]: Take down this wall [of junk]!"

JManc · #2 Posted **Mar 15, 2021, 1:42 AM**

Quote:

Originally Posted by JMKeynes

Since it appears that Blackstone will anchor 350 Park, I'd like to see KPMG or Morgan Stanley anchor 175 Park. As 345 Park would be virtually empty, I hope that Rudin razes it and builds a hyper-tower on its site. Under the Midtown East Rezoning, can an owner build a mixed use with hotel and condos? I assume that's the case since that's what RFR is doing at the Hyatt site. Can you imagine a 1,700' tower at 345 Park with 1,000' of office, 200' of 5 star hotel, and 500' at the top of mega-luxury condos?

"Mr. [Rudin]: Take down this wall [of junk]!"

As long as whatever replaces it compliments the Seagram Building next door.

JMKeynes · #3 Posted **Mar 15, 2021, 2:08 AM**

Quote:

Originally Posted by JManc

As long as whatever replaces it compliments the Seagram Building next door.

NYguy · #4 Posted **Mar 15, 2021, 12:53 PM**

Quote:

Originally Posted by JManc

As long as whatever replaces it compliments the Seagram Building next door.

I was thinking at the very least, let those plazas align nicely. We could just be wishing anything happens at all though.

NYguy · #5 Posted **Mar 12, 2021, 10:27 PM**

Quote:

Originally Posted by NYguy

That building, like 270 Park, sits on a split-zoned site (25-23 FAR). The average of 24 is slightly more than what 270 has. Residential development can be no more than 20% of any development in midtown east to take advantage of the rezoning. Any hotel space would have to recieve a special permit, even if the site previously had a hotel.

81,000 sf lot by 24 FAR = 1.944,000 msf (minus any mechanical) making any redevelopment there another 2.5 msf + blockbuster.

JMKeynes · #6 Posted **Mar 12, 2021, 10:36 PM**

Bring it on!

Zapatan · #7 Posted **Mar 13, 2021, 4:32 AM**

This might be my favorite building in NYC, I'd almost rather have this be a go soon more than 2WTC (though it's a tough call)

JMKeynes · #8 Posted **Mar 13, 2021, 12:25 PM**

Quote:

Originally Posted by Zapatan

This might be my favorite building in NYC, I'd almost rather have this be a go soon more than 2WTC (though it's a tough call)

chris08876 · #9 Posted **Mar 13, 2021, 1:55 PM**

Once this mass panic and hysteria goes away over something that will be in the ecosystem permanently, I expect a big boom. Right now its slowed down a bit in terms of the new reveals but I think by Q3/Q4 of 2021, we'll start seeing some nice reveals. In general, city wide.

Penn District, Phase II of HY, and many more. Hopefully 45 Broad can resume.