One Vanderbilt
One Vanderbilt is a proposed building[1] located on the corner of 42nd Street and Vanderbilt Avenue in midtown Manhattan, New York City. Proposed by New York City mayor Bill de Blasio as part of rezoning of the five-block "Vanderbilt Corridor" in 2014, it would be next to the Grand Central Terminal.[2] Borne out of the Midtown East rezoning, it is being designed by Kohn Pedersen Fox and developed by SL Green Realty. When completed, the 67-floor, 1,600,000 square feet (150,000 m2) skyscraper's roof will be 1,350 feet (410 m) and its spire will be 1,450 feet (440 m), making it the city's second-tallest building, after One World Trade Center – and making it taller than the nearby, iconic Chrysler Building.[3][4] Potential tenants include TD Bank, making the construction of the tower very likely.[5][6][2]
Architecture
The building would take up a block bounded by Madison Avenue, Vanderbilt Avenue, and 42nd and 43rd Streets. Air rights from 110 East 42nd Street, the former Bowery Savings Bank building, would need to be transferred to One Vanderbilt.[7]
The base would include a 4,500 square feet (420 m2) lobby.[8] It would also:
...be set back seven feet from the property line, allowing pedestrians a new view of Grand Central Terminal via One Vanderbilt's southeast corner at 42nd Street and Vanderbilt Avenue, which he said was the most frequent exit point from the terminal....The use of terra cotta in the building's design would counter the existing office buildings on Madison Avenue and make a connection—a "selective recall"—to Grand Central.[4]
The new building would also coincide with the MTA's East Side Access project, and station improvements due to One Vanderbilt's construction would provide extra capacity for over 65,000 new passengers going into the New York City Subway at Grand Central – 42nd Street.[9][10] An underground connection between Grand Central Terminal and One Vanderbilt, new mezzanines and exits for the subway station, and a commuter waiting room in the building's lobby, are some of the proposed improvements to the station.[2] These improvements would cost over $200 million.[11] Outside, Vanderbilt Avenue between 42nd and 43rd Streets would become pedestrian-only.[2] The station improvements were necessary in exchange for the tower's construction to be allowed.[12]
The building is advocated for by the Landmarks Preservation Commission due to its design.[8]
Controversies
In July 2014, there was a dispute with Grand Central Terminal's owners over air rights, and the terminal's lawyers threatened to sue over the unused, misappropriated air rights for $1 billion.[13]
Even by September 2014, few details were known about the construction timeline. This frustrated residents and tenants nearby.[12]
References
- ^ Fedak, Nikolai (2014-06-17). "New Details Released for One Vanderbilt". New York YIMBY. Retrieved 2014-08-24.
- ^ a b c d http://www.nytimes.com/2014/05/30/nyregion/65-story-tower-planned-near-grand-central-terminal.html
- ^ http://newyorkyimby.com/2014/06/new-details-released-for-one-vanderbilt.html
- ^ a b http://ny.curbed.com/archives/2014/07/22/midtown_giant_one_vanderbilt_mostly_wows_at_landmarks.php#more
- ^ http://ny.curbed.com/archives/2014/05/23/td_bank_eyes_unbuilt_grand_central_tower_meaning_its_on.php
- ^ http://online.wsj.com/news/articles/SB10001424052702303749904579578192381451808
- ^ http://nypost.com/2014/06/02/1-vanderbilt-high-on-grand-central/
- ^ a b http://commercialobserver.com/2014/07/one-vanderbilt-gets-advisory-nod-from-lpc/
- ^ http://nypost.com/2014/09/08/a-sneak-peek-at-one-vanderbilt-public-space/
- ^ http://secondavenuesagas.com/2014/09/09/a-glimpse-at-the-200m-transit-plans-for-one-vanderbilt
- ^ http://ny.curbed.com/archives/2014/09/08/one_vanderbilt_comes_with_200m_of_subway_improvements.php
- ^ a b http://online.wsj.com/articles/residents-try-to-get-details-on-new-midtown-east-plan-1410484574
- ^ http://commercialobserver.com/2014/07/grand-central-landlord-threatens-lawsuit-over-one-vanderbilt/
Category:Midtown Manhattan Category:Skyscrapers in New York City Category:Proposed skyscrapers in the United States