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

[NYguy]

https://radiiinc.com/som-175-park-avenue

[Busy Bee]

Just hoping they can all get funded and out of the ground before the impending stock market crash.

[mrnyc]

dubious hy2 is happening anytime soon, but individual building lots are a much different story.

[NYguy]

Originally Posted by ssh

I was just thinking about this. All of these towers seem to be converging towards a '26-'27 start, and there will inevitably be more that could begin in this time frame like HY2, 41 W 57th, Park Lane Hotel, etc.

It'll be like the 2010s all over again.

Originally Posted by mrnyc

dubious hy2 is happening anytime soon, but individual building lots are a much different story.

175 Park, and 350 Park seem well on track to action in 2026, as well as the next 3 tallest residential towers (625, 655, ABC site), and that’s just on what we know. Related will likely nail down an anchor for it’s HY office tower, now that the platform issue is out of the way. Vornado is finally having serious talks at 15 Penn. Silverstein is as near as ever with 2 WTC. There are the various developments on 57th that have no timetable yet. LIC has been rezoned to give Queens it’s first ever possible supertalls. There will be a lot to look forward to. But coming in hot will be 175 & 350 Park, 625 & 655 Madison, and the ABC site. Just one of those would be excitement enough in the new year.

[Zapatan]

Originally Posted by mrnyc

dubious hy2 is happening anytime soon, but individual building lots are a much different story.

Depends on which ones, I think 350 has a chance since it has a tenant but won't get too excited until I start seeing steel.

175 is insanely expensive, NYC is a special case in the Western world obviously but even still, despite all of the confidence surrounding the project and the countless renders I'm not holding my breath yet.

I don't see 2WTC happening soon but maybe in 20 or so years.

[NYguy]

Originally Posted by Zapatan

Depends on which ones, I think 350 has a chance since it has a tenant but won't get too excited until I start seeing steel.

175 is insanely expensive, NYC is a special case in the Western world obviously but even still, despite all of the confidence surrounding the project and the countless renders I'm not holding my breath yet.

I don't see 2WTC happening soon but maybe in 20 or so years.

Uninformed as ever, even when it’s spoonfed to you. You may not hold your breath, but perhaps you should refrain from posting.

[mrnyc]

Originally Posted by Zapatan

Depends on which ones, I think 350 has a chance since it has a tenant but won't get too excited until I start seeing steel.

175 is insanely expensive, NYC is a special case in the Western world obviously but even still, despite all of the confidence surrounding the project and the countless renders I'm not holding my breath yet.

I don't see 2WTC happening soon but maybe in 20 or so years.

naah.

don’t rope me into that.

no question 175 will happen sooner than later.

350 much sooner as citadel is already on board.

and even wtc2 has decently hopeful interest.

its just the western yards, not so much.

[NYguy]

Originally Posted by mrnyc

its just the western yards, not so much.

The western yards has been settled. There's a whole thread dedicated to it.

[NYguy]

https://nypost.com/2025/10/21/real-estate/why-new-nyc-office-towers-are-breaking-ground/

Not to be outdone, Scott Rechler’s RXR and TF Cornerstone are talking to anchor office tenants for their jumbo 2.9 million-square-foot tower at 175 Park Ave. Designed by Skidmore, Owings & Merrill, it would rise 1,575 feet above Grand Central Terminal and include a Hyatt hotel and transit improvements.

Vornado and Rudin are also in the game. They just got city approval to build a new 1.7 million-square-foot tower at 350 Park Ave. — with Citadel as partner and a 850,000-square-foot anchor space.

And Silverstein Properties is closing in on a deal with American Express to move from Brookfield Place to a new 2 World Trade Center, now likely to be around 2 million square feet.

[Crawford]

This just has to be the new Blackstone HQ. Blackstone recently reported record earnings, and needs new long-term space.

Hopefully we get some news by the holidays.

[Zapatan]

Originally Posted by Crawford

This just has to be the new Blackstone HQ. Blackstone recently reported record earnings, and needs new long-term space.

Hopefully we get some news by the holidays.

Blackstone Tower would also sound so epic.

I wonder just how much the anchor tenant would change the design and height of the building though. Remember that much like 350 the current height is the envelope and subject to change. Value Engineering will probably happen too.

The base, crown and outdoor spaces are so cool and I hope remain untouched.

[giantSwan]

wowowowow

[BanBrokenChatBots]

This is a massive project they're certainly going to need a major financial tenant lined up like Blackstone with the Hyatt. Remember only 50% will be covered if approved by the federal funding so they're going to have to have some deep pockets. I hope this tower has a smoky gray glass like seen in the models instead of blue in the renderings.

[Busy Bee]

That's about as good as they come folks.

That GCT and base model is glorious.

[NYguy]

Originally Posted by Busy Bee

That's about as good as they come folks.

That GCT and base model is glorious.

I wonder what will become of them when this is built. That full scale model might go in the tower, or the RXR offices somewhere.

[ChiND]

Rechler noted his firm already has an anchor tenant for a 2.8 million square foot project that will replace a Hyatt hotel in the 2031-2032 timeframe. “People believe in New York,” he said. RXR has $7 billion in project financing and “you don’t get that if people don’t believe in the future of New York,” he added, though he said it may require “a little bit of a longer lens.”

https://www.cnbc.com/2025/11/14/new-york-city-mayor-zohran-mamdani-real-estate-ceos.html


"No one leaving New York City because of Mamdani, say two top real estate CEOs"
Published Fri, Nov 14 202510:55 AM ESTUpdated 50 Min Ago

Eric Rosenbaum

[NYguy]

Rechler noted his firm already has an anchor tenant for a 2.8 million square foot project

That's been the consensus, though they are waiting until things are finalized to announce it. They are still going to need that assist with the financing (which is also on track) due to the exploding $7 Billion pricetag of the entire project.


https://vinnews.com/2025/11/14/top-ceos-...e-leasing-booms-despite-mamdani-victory/

High-profile projects underscore the confidence. Rudin noted that Citadel’s Ken Griffin is moving forward with a two-million-square-foot office at 350 Park Avenue, while RXR recently signed a 300,000-square-foot lease with plans to expand by another 200,000 square feet.

[ssh]

Is it just me, or is $7b just absurd...

[ChiND]

Originally Posted by NYguy

That's been the consensus, though they are waiting until things are finalized to announce it. They are still going to need that assist with the financing (which is also on track) due to the exploding $7 Billion pricetag of the entire project.


https://vinnews.com/2025/11/14/top-ceos-...e-leasing-booms-despite-mamdani-victory/

I wouldn’t be surprised if the tenant is putting up capital and will be a part owner of this tower.

[Zapatan]

Such a tease

This would be great with a twin as the massing reminds me a little of Petronas Towers