New York's skyline to get new syscraper with 62 floors!

New skyscraper expected bring back life to vacant areas of Midtown, New York

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Web Desk
New York skyline to get new 62-storey skyscraper. — Pexels
New York skyline to get new 62-storey skyscraper. — Pexels

New York Mayor Eric Adams has unveiled details of a multi-billion-dollar tower featuring floor-to-ceiling glass, adding another dimension to the city's famous skyline, CNN reported.

The tower will add to the familiar shapes of the cityscape, including the Chrysler Building's Art Deco crown and One World Trade Center's isosceles triangles.

According to a press release, the new skyscraper will be funded by Vornado Realty Trust, Kenneth Griffin, founder and CEO of global investment firm Citadel, and building and management company Rudin.

The office tower planned to be constructed at 350 Park Avenue will stretch up to 62 stories, providing space for over 6,000 jobs, plus 1.8 million square feet of commercial office space, the press release revealed. 

It will be funded by Vornado Realty Trust, Kenneth Griffin, founder and CEO of global investment firm Citadel, and building and management company Rudin.

A new public concourse will be framed by white columns at the base of the new building at Park Avenue, featuring green space, seating, and art displays.

New NY skyscraper to be designed by architects Foster + Partners. — CNN via Foster + Partners
New NY skyscraper to be designed by architects Foster + Partners. — CNN via Foster + Partners

Additionally, landscaped terraces will top each section of the glass-clad tower.

Adams hailed the project in the release, saying it will help “supercharge our economy and expand New York City’s iconic skyline,” building on “continued efforts to energize Midtown Manhattan as the world’s most important business address and an economic engine for working-class New Yorkers.”

The building has been designed by architects Foster + Partners and it will replace the existing 30-story tower in Midtown Manhattan just a few blocks away from landmarks like the Rockefeller Center, St Patrick’s Cathedral and Grand Central Station.

“This investment opens a new chapter for Midtown — and closes the book on those who predicted its demise,” said deputy mayor for operations Meera Joshi.

The construction of this building is expected to revive vast areas vacant or underused, which caused the value of these buildings to plummet while historically high interest rates have made it difficult for developers to repay their loans.

The project will begin the city’s public review process early next year and the tower is expected to be completed by 2032, according to the release.