NEW YORK | 346 Madison | 962 FT | 46 FLOORS

[BuildThemTaller]

Originally Posted by NYguy

This has been reminding me a little of the Tower Fifth design…

This was also my first impression. It's a little bit of flair for the part of the tower that will have any sort of visibility on the skyline. It's hard to stand out when the neighbors are 1,400+ feet tall.

[NYguy]

Originally Posted by Busy Bee

I meant to chime in the other day... Does anyone think there's a chance they are designing this building in a way that could be expanded onto the current Aby Rosen's property and mirror what we see here in these renderings? Considering they're using a side core, it seems entirely doable from an engineering perspective, in theory of course.

I think it’s a possibility. If anything happens, it needs to happen before ULURP begins. As far as the design goes, I think that would open them up to more possibilities.

Originally Posted by BuildThemTaller

This was also my first impression. It's a little bit of flair for the part of the tower that will have any sort of visibility on the skyline. It's hard to stand out when the neighbors are 1,400+ feet tall.

I’m also curious as to whether that plannef public space at the top is still a thing. That would be another similarity with Tower Fifth.

[NYguy]

Demo permits were filed last week, so things are in motion.

[mrnyc]

i wish it had a crown of some sort, but otherwise its very handsome and stylish.

and then any rumor of public roof access is exciting.

[ChiND]

Originally Posted by mrnyc

i wish it had a crown of some sort, but otherwise its very handsome and stylish.

and then any rumor of public roof access is exciting.

The top is so sculpted that it’s essentially a crown in my opinion.

[NYguy]

This doesn’t surprise me at all…..


https://therealdeal.com/new-york/2026/06/23/sl-green-sues-rfr-over-madison-avenue-building-access/

Rosen roadblock? SL Green sues RFR over Madison Avenue building access
REIT claims Aby Rosen’s firm is delaying 346 Madison Avenue office project


JUN 23, 2026
By Elizabeth Cryan

Is Aby Rosen holding up SL Green’s latest office project?

Marc Holliday’s REIT is taking Rosen’s RFR Holding to court over access to an office building adjacent to its Madison Avenue development site. SL Green alleges RFR has ignored repeated requests for permission to enter its properties at 350 Madison Avenue and 10 East 45th Street, delaying progress on the developer’s planned office tower.

Now, SL Green is asking a judge to issue a two-year license to enter portions of RFR’s properties to complete demolition work and the below-grade phase of construction of its planned 850,000-square-foot property at 346 Madison Avenue.

In order to move ahead with the project, SL Green needs to demolish two existing buildings, but the company claims it cannot proceed without access to RFR’s adjacent buildings. In a new lawsuit in state Supreme Court, the REIT alleges RFR has “ignored” repeated requests for access and “continues to hold up the progress of the project without having proffered any legitimate reason.”

A representative for RFR did not immediately respond to a request for comment.

The dispute traces back to January, when SL Green notified RFR that it would need access to the neighboring properties. According to the filing, RFR was initially receptive and granted limited access in February so SL Green could conduct a preliminary survey while the parties negotiated a broader license agreement.

But then talks stalled. SL Green says it requested access in February to install temporary protections on RFR’s building and received no response. The developer renewed its request in April, prompting another round of negotiations. RFR provided comments on a proposed access agreement, and SL Green says it revised the document to address those concerns.

Then RFR once again allegedly went silent.

In May, SL Green proposed an “all-hands” meeting to finalize the agreement. On June 2, RFR indicated it was reviewing the document based on additional comments from one of its partners and would respond soon, according to the filing. Instead, the company allegedly requested several extensions without providing any substantive response.

SL Green warned that failure to secure access would cause “immediate and irreparable damages” by significantly impeding its ability to develop the site.

The project is one of Manhattan’s most closely watched office developments. SL Green first bought the site, home to the former Brooks Brothers’ building, last September for $160 million. In May, the REIT sold a 49 percent stake in the project to Japanese developer Mori Building, valuing it at $175 million.
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“As with any major development project, we contacted our neighbor to ensure the appropriate protections were in place prior to work beginning,” said SL Green attorney Aaron Abraham of Troutman Pepper Locke. “When our neighbor inexplicably stopped responding to our communications, we had no choice but to seek relief from the court.”

[ChiND]

This could be Rosen’s way of extracting better terms to partner in a development deal with SLG.

[HappyCapSlapper]

Originally Posted by ChiND

This could be Rosen’s way of extracting better terms to partner in a development deal with SLG.

ding ding ding