One Vanderbilt | The Real Deal New York

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One Vanderbilt

1 Vanderbilt Place
Manhattan, NY 10017
Office, New Construction, Conversion
One Vanderbilt
One Vanderbilt, or One Vanderbilt Place, is a proposed skyscraper in Midtown, Manhattan at Grand Central Terminal. If completed, it is expected to measure 1,404 feet tall and contain over 1.6 million square feet of space. If the building reaches the expected height, it will become the second tallest building in New York after One World Trade Center. (However, the Nordstrom Tower development has a listed an expected height of 1,775 feet, which would make it taller than One Vanderbilt.) Construction on One Vanderbilt is scheduled to begin in 2015 and finish in 2020, although some construction plans are pending approval from a joint community board and the City of New York who would like to see the building have access to Grand Central Terminal and to provide $210 million in station improvements. The project is being developed by New York REIT SL Green Realty. Early tenant commitments include TD Bank, who have already signed for 200,000 square feet of office space beginning in the year 2020. In early 2015, Harvard professor Laurence Tribe argued that the construction of One Vanderbilt would be unconstitutional due to the decision of the City Planning Commission to grant the air rights on top of Grand Central to SL Green, which Grand Central Terminal landlord Andrew S. Penson claims as his own. -WP
  • Address 1 Vanderbilt Place
  • neighborhood Grand Central
  • borough Manhattan
  • owner/developer SL Green Realty
  • PLANS DISCLOSED 01/01/2014
  • FILE DOB PLANS 08/31/2015
  • height in feet 1,404
  • floors 63
  • Year Built 2020
  • square feet 1,600,000
Marc Holiday - SL Green
01/28/16
SL Green Realty CEO Marc Holliday struck a more bearish tone than usual on his company’s year-end earnings call, noting that New York City’s largest...
biggest projectes feature
12/24/15
Though new Manhattan developments were the heaviest hitters in terms of size this year, the outer boroughs more than held their own. Tags: Hudson Yards, One...
12/21/15
1. One Vanderbilt will be a game changer: architecture review 2. Here’s what the Manhattan skyline could look like in 15 years 3. A look at Silicon Valley’s...
MANHATTAN OFFICE VACANCY
12/21/15
The sale of Stuyvesant Town to the Blackstone Group and Ivanhoe Cambridge closed on Friday, but not without some heavy drama behind the scenes. Tags:...
One Vanderbilt
12/18/15
From the December issue: One Vanderbilt, which will soon break ground on one of the key corners of East 42nd Street, is certain to alter...
Michael Jordan's Steakhouse NYC Michael Jordan
11/18/15
Homeless people gathering at the site of SL Green’s One Vanderbilt tower project are hurting business at Michael Jordan’s The Steakhouse NYC at Grand Central...
330 West 44th 2
11/11/15
A new Midtown East tower will look like it’s being pulled apart: The floors will be vertically separated and supported by smooth, white beams, like...
Ulrich Korner Pierre Vaquier
10/27/15
UBS, one of the world’s largest banks, is seeking a massive Midtown space for its new New York headquarters. The Swiss bank is looking for...
SL Green Realty
10/22/15
SL Green Realty CEO Marc Holliday used his company’s third quarter earnings call Thursday to herald nine different asset sale transactions in the period that...
demolition-man-1-1024-e1445520784608-300x189
10/22/15
Manhattan’s great builders are also its most fearsome destroyers. Tags: chetrit group, demolition, extell development, icon realty management, SL Green Realty, trinity real estate ...
SL Green Realty
10/20/15
While affirming SL Green Realty’s default rating and providing an outlook of “stable,” credit ratings agency Fitch raised issues with the real estate investment trust’s...
nyc top permits September 2015 thumb
10/16/15
Clockwise from top left: an aerial view of 101 Lincoln Avenue and 2401 Third Street in Mott Haven (inset: Keith Rubenstein), One Vanderbilt Avenue...
One Vanderbilt
10/12/15
SL Green Realty recently got around to filing plans for its much-hyped One Vanderbilt office building near Grand Central Terminal, and new renderings display the...
10-Monteith-Street-ODA-1
10/05/15
After reaching a median rent of more than $3,000, you might think Brooklyn’s soaring housing market is showing no sign of an impending slowdown. While it’s true that developers...
1 Vanderbilt in Midtown (inset: Marc Holliday and Andrew Penson)
09/29/15
At least one New Yorker is very unhappy with the city’s deal to rezone of the so-called “Vanderbilt Corridor,” and allow SL Green Realty to...
one-vanderbilt copy feat
09/04/15
After years of waiting on the starting line, SL Green Realty’s One Vanderbilt project is off and running. Tags: Midtown East Rezoning, One Vanderbilt, SL Green...
Richard-Anderson
08/26/15
Office construction in the city is at its highest level in 25 years, with 19 buildings holding 9.7 million square feet expected to be erected...
Hudson Yards Observation Deck image rendering
08/14/15
The observation deck at Related Cos.’ 30 Hudson Yards on Manhattan’s West Side will be the tallest in the city – beating out the view...
construction-thumb
08/04/15
A construction worker suffered serious injuries after he plummeted 40 feet to the ground at the Manhattan West development site on the Far West Side on...
qathumb
07/28/15
From the July issue: Manhattan office vacancies are low and prices keep rising. But while the fast-growing technology and media sectors colonize Midtown South, and new...
317MadisonAveFbox
07/24/15
UPDATED, 5:30 p.m., July 24: Two construction workers were injured this morning while performing demolition work at SL Green Realty’s 317 Madison Avenue. The property lies on the...
From left: Marc Holliday, Owen Thomas and Steven Roth
07/14/15
In the face of a “maturing” commercial real estate cycle that’s bracing for an interest rate hike, Goldman Sachs this week downgraded SL Green Realty...
Marc Holliday
06/30/15
From the June issue: From SL Green securing TD Bank as anchor tenant at its planned One Vanderbilt office tower to Vornado Realty Trust using the...
From left: billboards in Times Square and the New York City subway
06/16/15
From the June issue: Reports of the demise of Times Square’s iconic billboards are greatly exaggerated, the mayor and City Council reached a deal to rezone the...
Garodnick-Brewer-Thumb
06/15/15
The process of rezoning Midtown East is moving ahead. Tags: dan garodnick, Midtown East Rezoning ...
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biggest projectes feature
12/24/15
Though new Manhattan developments were the heaviest hitters in terms of size this year, the outer boroughs more than held their own. Tags: Hudson Yards, One...
demolition-man-1-1024-e1445520784608-300x189
10/22/15
Manhattan’s great builders are also its most fearsome destroyers. Tags: chetrit group, demolition, extell development, icon realty management, SL Green Realty, trinity real estate ...
Screen Shot 2015-02-25 at 11.25.26 AM
As tenants turn their attention to the gleaming new skyscrapers rising on Manhattan’s West Side and ...

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