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  #1  
Old Posted Mar 5, 2020, 2:49 AM
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Smile NEW YORK | 625 Madison Ave | FT | FLOORS

We know of SL Green's plans with One Madison, but I haven't seen any plans for 625 Madison. If that building is to be redeveloped it's a great site for it.
It could be through the addition of floors, or an entirely new building. Will have to keep eyes on this.



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https://www.google.com/url?sa=i&url=...AAAAAdAAAAABAJ
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Last edited by NYguy; Mar 5, 2020 at 3:02 AM.
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  #2  
Old Posted Mar 5, 2020, 3:31 AM
matt19215 matt19215 is offline
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For a second I thought it was the whole block being redeveloped, and all the other buildings were on the block.

Should be a sizable tower
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  #3  
Old Posted Mar 5, 2020, 3:38 AM
JMKeynes JMKeynes is offline
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Sadly, I was surprised to read that SLG wants to refurbish this PoS, which I found inconceivable. This is a golden opportunity to build a masterpiece in an ultra-prime location.
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  #4  
Old Posted Mar 5, 2020, 3:53 AM
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This teardown I can get behind. This building is ugly, won't be missed.
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  #5  
Old Posted Mar 5, 2020, 11:47 AM
JMKeynes JMKeynes is offline
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I’d love to see this replaced with a 1,000’ limestone masterpiece by Stern, but I don’t think that’s in the cards.

https://www.bisnow.com/new-york/news...reen-95379#ath

Last edited by JMKeynes; Nov 21, 2021 at 10:18 PM.
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  #6  
Old Posted Mar 5, 2020, 12:27 PM
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Needs to be demolished and rebuilt. The location is about as prime as it gets, anywhere.
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  #7  
Old Posted Mar 5, 2020, 12:53 PM
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Originally Posted by Crawford View Post
Needs to be demolished and rebuilt. The location is about as prime as it gets, anywhere.
I agree, but sadly, it seems that the shmucks at Ashkenazy plan to push out SLG, keep this POS as is, and find new tenants. If that’s the plan, it will be almost as disappointing as Brookfield’s plan for the heinous PoS at 666 Fifth.
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Old Posted Mar 5, 2020, 2:55 PM
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The site needs to be unleashed for something of this scale (not a proposal, just an old graphic from Crain’s).


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Old Posted Mar 5, 2020, 3:25 PM
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I agree. This is an ultra-prime site. Hopefully, the Ashkenazi will redevelop this site.
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Old Posted May 27, 2020, 12:50 PM
JMKeynes JMKeynes is offline
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Yimby posted this rendering of a new RAMSA tower to be built on 3rd, and I thought that a 1,000’ version of this would be a blockbuster on this site on Madison.

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Old Posted May 27, 2020, 12:55 PM
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That would be fantastic for this site. Ashkenazy needs to build something worthy of the location.
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Old Posted May 27, 2020, 1:19 PM
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That would be fantastic for this site. Ashkenazy needs to build something worthy of the location.
I agree. I wonder if SLG still has any interest in this property.
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  #13  
Old Posted Jun 3, 2020, 3:40 PM
JMKeynes JMKeynes is offline
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I didn't realize that Ashkenazi owns the ground and that SLG is the lessee under the ground lease.

I really hope that this is redeveloped.

https://www.bisnow.com/new-york/news...sl-green-95379
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  #14  
Old Posted Aug 4, 2020, 4:25 PM
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SLG lists the availability as short-term only. It seems that this building is on life support until it is razed.

https://slgreen.com/properties/625-m...ist_view=false

This tower has 583,000 square feet. That could probably yield a very tall residential tower.
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Old Posted Aug 4, 2020, 4:32 PM
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That's fantastic news. This tower needs to be razed, and replaced with a soaring tower worthy of the ultra-prime location.
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Old Posted Aug 4, 2020, 4:33 PM
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Originally Posted by Crawford View Post
That's fantastic news. This tower needs to be razed, and replaced with a soaring tower worthy of the ultra-prime location.
I agree.

I also want to see the heinous Helmsley Park Lane come down.

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  #17  
Old Posted Aug 4, 2020, 5:28 PM
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Quote:
Originally Posted by JMKeynes View Post
SLG lists the availability as short-term only. It seems that this building is on life support until it is razed.

https://slgreen.com/properties/625-m...ist_view=false

This tower has 583,000 square feet. That could probably yield a very tall residential tower.

All short term. It's only a matter of time. I wonder what air rights are available nearby.
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Old Posted Aug 4, 2020, 5:33 PM
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All short term. It's only a matter of time. I wonder what air rights are available nearby.
I assume that the Temple Emmanuel on Fifth has some. Is Macklowe allegedly buying all of St. Pat's?

Since this plot already has almost 600,000 s.f., how many more are needed for a 1,000' tower? For example, 520 Park is about 800' tall, and yet, how many square feet is it? Similarly, how many sf does 220 CPS have?
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  #19  
Old Posted Aug 4, 2020, 5:45 PM
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Originally Posted by JMKeynes View Post
I assume that the Temple Emmanuel on Fifth has some. Is Macklowe allegedly buying all of St. Pat's?

Since this plot already has almost 600,000 s.f., how many more are needed for a 1,000' tower? For example, 520 Park is about 800' tall, and yet, how many square feet is it? Similarly, how many sf does 220 CPS have?

It doesn't really take a lot. 111 West 57th really only added about 100,000 sf to reach supertall status. Of course, it's a very thin tower. The 343 Madison office tower only has about 750,000 sf of space. I'm pretty sure anything here will have very high ceilings as well.
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  #20  
Old Posted Aug 4, 2020, 5:50 PM
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Quote:
Originally Posted by NYguy View Post
It doesn't really take a lot. 111 West 57th really only added about 100,000 sf to reach supertall status. Of course, it's a very thin tower. The 343 Madison office tower only has about 750,000 sf of space. I'm pretty sure anything here will have very high ceilings as well.
I'd absolutely love to see a Stern here.
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