Interesting factoid is that 430 Park is actually 100 years old. It was stripped down to the steel frame in the 50s and refashioned into a typical international style by Emery Roth, which for the record I personally find far from "hideous" and especially after an update to the glazing received sometime in the last twenty-ish years or so. That said it is an undoubtedly underutilized site and could justifiably see replacement by a tony structure without much resistance.
Interesting factoid is that 430 Park is actually 100 years old. It was stripped down to the steel frame in the 50s and refashioned into a typical international style by Emery Roth, which for the record I personally find far from "hideous" and especially after an update to the glazing received sometime in the last twenty-ish years or so. That said it is an undoubtedly underutilized site and could justifiably see replacement by a tony structure without much resistance.
That’s true. It’s a shame that the beautiful old structure was defiled.
Here's a NYT article about the building from about twenty years ago.
Thanks. I had come across that article. This building is definitely in the pipeline for redevelopment because a firm signed a seven year lease there in 2020.
I believe that Societe Generale has about another twelve years left on its lease, but at a minimum, the owner should reclad that heinous base in glass.
417 is gone. Full demolition permits were filed for 405 Park as opposed to initial plans for partial demolition but it is under different ownership as of now. 405 Park still stands.
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“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
405 Park Avenue Completes Demolition In Midtown East, Manhattan
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Demolition is complete at 405 Park Avenue, the site of a possible new skyscraper in Midtown East, Manhattan. No architect or details have been revealed for the forthcoming structure, which is being developed by MRP Realty, though the breadth of the plot suggests that it will likely support an office tower yielding several hundred thousand square feet. Titan Industrial SVC Corp. is the demolition contractor for the property, which is located at the corner of Park Avenue and East 54th Street.
The remainder of the 17-story former occupant of the property has been razed since our last update in December, and recent photos show crews clearing away the final portion of the ground floor along East 54th Street. Large piles of debris from the demolition cover the site and will need to be hauled away before excavation can begin.
The property is located directly to the south of 417 Park Avenue, which has been cleared since last summer and will give rise to a 220,000-square-foot office tower developed by GDS Development (GDSNY) and Klövern AB, which acquired the property for $184 million. This structure will feature a floor area ratio of 25 under the Midtown East Rezoning regulations. The property is currently occupied by dumpsters being used to haul away debris.
MRP Realty originally filed permits to renovate and expand the former 17-story occupant of the plot with air rights purchased from St. Patrick’s Cathedral. These air rights will still likely be used in the new ground-up development.
405 and 417 Park Avenues are located in close proximity to a number of subways including the E and M trains at the Fifth Avenue-53rd Street and Lexington Avenue-53rd Street stations, as well as the 6 train at the 51st Street station.
No construction timeline has been announced for 405 Park Avenue.
“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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