Here’s a great report by YIMBY.
https://newyorkyimby.com/2022/07/per...manhattan.html
Permits Filed For 40-Story Office Skyscraper At 415 Madison Avenue In Midtown East, Manhattan
BY: VANESSA LONDONO 7:00 AM ON JULY 6, 2022
Permits have been filed for a 40-story office tower at 415 Madison Avenue in Midtown East, Manhattan. Located at the intersection of East 48th Street and Madison Avenue, the lot is within walking distance of the Grand Central subway station, serviced by the 4, 5, 6, and 7 trains. Albert Sanfilippo of Rudin Management is listed as the owner behind the applications, and sought special permits through ULURP for the overbuilt floor area for air rights from the landmarked St. Bartholomew’s Church along Park Avenue.
The proposed 605-foot-tall development will yield 285,606 square feet designated for commercial space. The building will be primarily office space with a 350-square-foot retail space on the ground floor and a 2,400-square-foot open-air public concourse. The concrete-based structure will also have a cellar, sub-cellar, a 20-foot-long rear yard, and one loading berth.
Skidmore, Owings & Merrill is listed as the architect of record.
Demolition has been ongoing at the site of the 24-story building. Construction is expected to take four years, following the completion of the LIRR East Side Access entrance.