RXR advanced its development at 175 Park Avenue by filing updated permits for a 95-story, ~3 million-square-foot, state-of-the-art mixed-use tower next to Grand Central. The project will include 2.4 million square feet of office space, a 200-room hotel, half an acre of public open space, and over $550 million in direct transit improvements to Grand Central Terminal, one of the busiest transit hubs in North America.
An RXR spokesperson described the filing as the “next step in advancing a transformative project next to Grand Central,” with construction expected to start in the coming months.
Crain’s New York Business Article
