Construction Approved for 95-Story Supertall Tower Near Grand Central in NYC

Wed, 15 Apr 2026 03:54:00 +0200

New York City is set to welcome one of its most ambitious skyscrapers yet, with the recent approval of permits for 175 Park Avenue, a 95-story supertall building designed by Skidmore, Owings and Merrill. Rising to a height of 1,580 feet, the tower will be among the tallest in the city and replaces the Grand Hyatt adjacent to Grand Central Terminal. The structure, nearly 3 million square feet in size and valued at $6.5 billion, features a distinctive design where interlaced steel columns fan outward from multiple ground points, accommodating active rail lines below. As it ascends, the building steps back to create terraces, allowing natural light to reach street level. The new skyscraper will stand across from the iconic Chrysler Building, creating a visual dialogue with one of New York’s most celebrated Art Deco structures. The design approach emphasizes both aesthetic impact and urban integration, suggesting a modern reinterpretation of classic architectural motifs while respecting th