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New York

Macklowe is eyeing Venezuelan consulate building for his Tower Fifth supertall

The developer is also set to close on a neighboring site, 14 East 52nd Street

From left: 5 East 51st Street, Harry Macklowe, and a rendering of Tower Fifth (Credit: Google Maps, Getty Images, and New York Times)
From left: a rendering of Tower Fifth, Harry Macklowe  and 9 East 51st Street (Credit: Google Maps, Getty Images, and New York Times)

Harry Macklowe is continuing his pursuit of a land assemblage for his Tower Fifth supertall project in Midtown.

The developer is currently eyeing a four-story building at 9 East 51st, which houses the Venezuelan consulate, according to the New York Post. While it’s unclear if a contract has been signed for the building, Macklowe told the outlet that it’s “done.” The developer is also in contract to purchase 14 East 52nd Street, on the other side of the block.

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The proposed 1.3 million-square-foot tower commercial tower, which is just a few blocks from his 432 Park Avenue and adjacent to St. Patrick’s cathedral, is expected to rise 1,500 feet. Macklowe has spent millions of dollars purchasing air rights around the assemblage, which includes multiple buildings he has purchased in recent years.

Renderings of the building show a lobby entry at the current site of the Venezuelan consulate. [NYP] — David Jeans 

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Harry MackloweInvestment Sales