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Demolition Continues For KPF-Designed Skyscraper At 343 Madison Avenue In Midtown East, Manhattan

The 11th-tallest building on our December construction countdown is 343 Madison Avenue, a 49-story commercial skyscraper in Midtown East, Manhattan. Designed by Kohn Pedersen Fox and developed by Boston Properties, the 844-foot-tall structure will yield 750,400 square feet of office space, ground-floor retail, and multiple cellar levels. The steel-framed building will rise from a plot bound by East 45th Street to the north, East 44th Street to the south, and Madison Avenue to the west.

A great deal of progress has occurred on the demolition of the site’s current occupant since our last update a year ago, when the 15-story former headquarters of the Metropolitan Transportation Authority (MTA) still stood at its full height. The building has steadily been dismantled and currently stands just a handful of stories above street level. Demolition could wrap up in early 2023, followed by the start of excavation.

The site is located within close proximity of Grand Central Terminal, providing convenient access to the 4, 5, 6, 7, and Shuttle trains as well as the Metro-North commuter rail.

343 Madison Avenue is anticipated to be finished by 2026.

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NYY