New York & Tri-State CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Design Honors for Midtown Office
The 897-foot tower rising at 425 Park Ave. has already won a design award, even though it won’t open till 2018.
The MIPIM Architectural Review Future Project Awards 2017 awarded a commendation in the office category to the tower. The design by architects Foster + Partners, features a 45-foot tall grand lobby. The sustainably-designed project is expected to earn the first WELL certification for health and well-being ever won by a New York City office tower.
“425 Park Ave. is a once-in-a-lifetime opportunity to create something exciting and bold,” said Robert Lapidus, president and Chief Investment Officer for developer L&L Holding.
L&L broke ground on the project in June 2015. Citadel, a Chicago-based hedge fund, finalized a 200,000 square-foot office lease in February 2016 at the 670,000-square-foot tower. Celebrated Chef Daniel Humm and restaurateur Will Guidara will locate their third New York City restaurant in the tower base.
For comments, questions or concerns, please contact Bendix Anderson
Subscribe to Connect Daily New York - ◦Development
