Published On: Fri, Dec 26th, 2014

Manhattan Community Boards Pushing ‘Unrealistic’ Changes in SL Green’s One Vanderbilt Proposal

One Vanderbilt

SL Green’s plans for a new 67 story office building opposite Grand Central station in Manhattan to be called One Vanderbilt have hit a bump in the road. Manhattan Community Boards 5 and 6 are trying to force a redesign of the proposed tower, according to a report in the New York Post.

Last week the two boards proposed moving the tower’s lobby from its planned location on Vanderbilt Avenue at East 43rd Street to Madison Avenue and 43rd. The lobby is also intended to serve as a new entranceway to Grand Central Station.

They also want its green LEED certification to be raised from Gold to Platinum. The Post dismissed these proposals as something that fails to understand how buildings are designed and sees them as being like big Lego projects. It also pointed out that these are just recommendations as the boards have no real authority to stop the project.

One Vanderbilt will feature 1.6 million square feet of open and efficient LEED-certified Class A office space on the entire block of Vanderbilt Avenue between East 42nd and East 43rd Street. As part of the development, SL Green will deliver a $210 million package of public transit infrastructure improvements which will create critically-needed transit connections to Metro-North and 4/5/6/7 and S trains, as well as future East Side Access LIRR lines.

With the vast majority of funding allocated to upgrading the commuting experience in the over-burdened Grand Central 4/5/6 station, this private investment will improve pedestrian flow, allowing for more trains to enter the station, as well as alleviate crowding and circulation on mezzanine and platform levels. One Vanderbilt is currently undergoing the City’s formal public review process, expected to conclude next spring.

Just last month TD Bank signed a lease to become the building’s anchor tenant when it is expected to open in 2020. It will take 200, 000 square feet of space there.

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