One Vanderbilt | The Real Deal New York

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One Vanderbilt

1 Vanderbilt Place
New York, NY 10017
212-216-1698

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 Midtown
  • borough Manhattan
  • owner SL Green Realty
  • developer SL GREEN REALTY
  • owner entity ONE VANDERBILT OWNER LLC
  • architect Dattner Architects
  • PLANS DISCLOSED 09/01/2015
  • dob permit issued 07/31/2017
  • DOB FILE PLANS 09/01/2015
  • DOB FILE Link
  • height in feet 1,401
  • floors 67
  • total units 2
  • square feet 1,290,005
  • const. status UNDER CONSTRUCTION
  • block and lot 1-01277-0027
  • BIN 1035350

11/20/17
...taking 250,000 square feet at SL Green Realty’s One Vanderbilt. – Rich Bockmann...

11/10/17
...for bankruptcy Wednesday, leaving the Manhattan West and One Vanderbilt projects mired in uncertainty. For now work at the two sites continues, but the...

11/06/17
...Pedersen Fox, the firm behind Hudson Yards and One Vanderbilt, to design an 80-story mixed-use tower on Sixth Avenue in the Garment District. The...

10/31/17
...From left: Rendering of One Vanderbilt, Marc Holliday, Mayor Bill de Blasio and Jona Rechnitz Jona Rechnitz, the federal government...

10/30/17
...SL Green is also working to lease up One Vanderbilt, its 1.7 million-square-foot office tower, where the Carlyle Group and McKinsey & Co. are prospective...

10/24/17
...Rendering of One Vanderbilt and Marc Holliday (Credit: SL Green) Global investment firm Carlyle Group is in talks...

09/29/17
...From left: 1515 Broadway, One Worldwide Plaza, One Vanderbilt and Marc Holliday Expect SL Green Realty to bring in more private partners on...

09/26/17
...Rendering of One Vanderbilt and Marc Holliday (Credit: SL Green) DZ Bank and its affiliate, DVB Bank, have...

09/25/17
...requirements” that could fill the firm’s 1.7 million-square-foot One Vanderbilt. TD Bank is the only tenant signed on at the tower, which is slated...

09/20/17
...Marc Holliday and rendering of One Vanderbilt Global consulting firm McKinsey & Co. is weighing a move to SL Green's One...

09/19/17
...From left: Renderings of One Vanderbilt, the Spiral, 5 Manhattan West and 55 Hudson Hards Over the next three years, more than...

09/14/17
...rights from Grand Central in order to build One Vanderbilt. Tishman Speyer, with 3.8 million square feet, comes in second. Vornado Realty Trust, with 2.9 million...

09/12/17
...projects at Hudson Yards and SL Green Realty's One Vanderbilt. Similarly, while Lendlease's development arm is teaming up with the Victor Group on 281 Fifth...

08/29/17
...Companies’ 50 Hudson Yards and SL Green Realty’s One Vanderbilt for its new headquarters. If the deal with Tishman Speyer is finalized, Pfizer expects...

08/29/17
...a fat stake in SL Green Realty’s One Vanderbilt and have become increasingly important players in the debt space. They could become an...

08/09/17
...city to build its 1.7-million-square foot office tower, One Vanderbilt. The developer must complete $220 million worth of infrastructure improvements before tenants can occupy the...

08/02/17
...rivals, hopes to lease out its 1.7-million-square-foot development One Vanderbilt at an average rent of $155 per square foot. Boston Properties' CEO Owen Thomas said...

07/27/17
...Rendering of One Vanderbilt and Donal O'Sullivan Leading up to the opening of the Second Avenue Subway extension...

07/25/17
...president Andrew Mathias may be motivated to favor One Vanderbilt over other SL Green buildings because they own stakes in the high-profile development. But...

07/20/17
...SL Green's Andrew Mathias and rendering of One Vanderbilt (Credit: Visualhouse) SL Green Realty recently made headlines with a blockbuster bid for One...

07/20/17
...A rendering of One Vanderbilt Real estate investment trusts have been reluctant to build in recent years, a caution...

07/17/17
...Green Realty projects NOI at the planned 1.7 million-square-foot One Vanderbilt office tower to be $198 million per year once it’s fully leased, and net...

07/13/17
...that it expects its planned 1.7-million-square-foot office tower One Vanderbilt to generate an NOI of $198 million per year once built and fully leased. It's...

06/27/17
...left: Rendering of 55 Hudson Yards, Manhattan West and One Vanderbilt Don't let the big deals fool you: Some commercial brokers are worried about climbing...

06/21/17
...SL Green is behind the $3.2 billion office tower One Vanderbilt next to Grand Central Station. Korean pension fund National Pension Service of Korea and...

12/24/15
...From left: 400 West 61st Street, One Vanderbilt in Midtown East and Queens Park Plaza in Long Island City Though new Manhattan...

10/22/15
...building at 317 Madison Avenue, part of the developer's One Vanderbilt project. A collapsed wall at the site injured two workers this summer. The third...

As tenants turn their attention to the gleaming new skyscrapers rising on Manhattan’s West Side and...
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