Four starchitect finalists selected for 425 Park Avenue redevelopment

New York /
Jul.July 11, 2012 12:00 PM

Four high-profile finalists will compete to design an office tower to rise at 425 Park Avenue. Norman Foster of Foster & Partners, Rem Koolhaas of OMA, Zaha Hadid of Zaha Hadid Architects and Richard Rogers of Rogers Stirk Harbour & Partners have been selected to present their proposals to the developer, L&L Holdings, the New York Times reported. The finalists were chosen from 11 architects that L&L had reached out to in the spring.

“We wanted the broadest view,” Levinson, in an interview with the Times, said of the finalists. “It was important to select four architects that were very different.”

Levinson, along with an advisory committee — headed by Vishaan Chakrabarti of Columbia University’s Center for Urban Real Estate — will pore over the designs this summer. A final selection is slated to be made this fall.

As previously reported, L&L Holdings has to wait until 2015 to begin the tower’s redevelopment. This is when the building’s original land lease and office leases will expire.

According to the Times, not all of the original 425 Park structure will be razed. Zoning regulations permit Levinson to keep the 18-to-1 floor ratio if 25 percent of the original structure gets preserved. [NYT]


Related Articles

arrow_forward_ios
425 Park Avenue and L&L’s David Levinson (Photos via 425 Park Ave, L&L)
After 2-year drought, 425 Park Ave snags new tenant
After 2-year drought, 425 Park Ave snags new tenant
From left: L&L Holding Company's 425 Park Avenue with CEO David Levinson, Citadel Securities founder Ken Griffin, and Vornado Realty Trust’s 350 Park Avenue with CEO Steve Roth (Credit: (Photo by Michael Kovac/Getty Images; L&L Holding Company; Vornado)
Citadel Securities expands nearby lease while waiting on 425 Park
Citadel Securities expands nearby lease while waiting on 425 Park
Zaha Hadid and One Thousand Museum (Credit: Getty Images)
PHOTOS: Inside Zaha Hadid’s Miami tower
PHOTOS: Inside Zaha Hadid’s Miami tower
From left: David Levinson, MaryAnne Gilmartin and Rob Lapidus
Gilmartin splitting from Lapidus, Levinson
Gilmartin splitting from Lapidus, Levinson
Unqork CEO Gary Hoberman and 114 Fifth Avenue (Credit: Google Maps)
Tech company subleases 40K sf at pricey space on Fifth Ave
Tech company subleases 40K sf at pricey space on Fifth Ave
Joseph Moinian of The Moinian Group and 220 11th Avenue (Credit: Google Maps)
Moinian swaps plans for High Line condominium project
Moinian swaps plans for High Line condominium project
The penthouse at 520 West 28th Street
After years on the market, Zaha Hadid-designed Related penthouse takes another big price cut
After years on the market, Zaha Hadid-designed Related penthouse takes another big price cut
Zaha Hadid’s former partner locked in legal battle over her estate
Zaha Hadid’s former partner locked in legal battle over her estate
Zaha Hadid’s former partner locked in legal battle over her estate
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...