Kohn Pedersen Fox Associates were recently selected to design a giant office building the landlord hopes to build next to Grand Central Terminal. Selected by SL Green Realty Corp., the architects’ design would be one of the largest Midtown towers on the East Side in a generation. While building in New York is a challenge, SL Green is moving ahead full steam with planning. The company is in discussions with the Metropolitan Transportation Authority to obtain additional development rights by building pedestrian improvements including underground connectors to Grand Central, according to executives informed of the planning. More information after the break. The SL Green project—on the block just west of Grand Central between 42nd and 43rd streets—is likely years away from a groundbreaking. Not only does it need numerous approvals, currently it’s not clear that there’s sufficient demand for the office space.
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