Oct
18
SL Green Breaks Ground on NYC’s 2nd Tallest Tower
ByThe development of One Vanderbilt will include direct connections to Grand Central Terminal, which will receive $220 million in upgrades led by SL Green.
City officials and the One Vanderbilt project team at the groundbreaking ceremony.
New York—Developer SL Green Realty Corp. today broke ground on One Vanderbilt Avenue, an office skyscraper that is set to be the second tallest tower in New York City. The start of construction on the 1,401-foot tower marks the beginning of a planned revitalization of Manhattan’s East Midtown business district, including Grand Central Terminal.
As part of the tower’s development, SL Green will contribute a whopping $220 million to upgrade the city’s transit infrastructure around Grand Central Terminal. Plans include building direct connections between the two buildings; improving transit access to Metro-North, the city subway system and future Long Island Rail Road East Side Access; and adding a 14,000-square-foot outdoor pedestrian plaza on Vanderbilt Avenue between 42nd and 43rd streets…
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