Even though the Midtown East rezoning is still under consideration, SL Green Realty is counting on it becoming a reality. According to Curbed, the developer has tapped architecture firm Kohn Pedersen Fox to design an office tower at 1 Vanderbilt Street located a block from Grand Central Terminal. SL Green needs the rezoning to be approved to move forward with the construction of their 1.55-million-square-foot building. The proposed rezoning would allow for taller buildings to be built if developers make a contribution to a fund called a “District Improvement Bonus,” which would be used for area-wide pedestrian network improvements.
In response to the New York City Department of City Planning’s proposal to rezone Midtown East, the Municipal Art Society (MAS) has asked the Landmarks Preservation Commission to give landmark status to 17 buildings in the 78-block area concentrated around Grand Central Terminal. It is a last ditch effort to preserve several prominent structures—with styles ranging Beaux Arts and Renaissance Revival to Neo-Gothic and Mid-Century Modern—before Midtown gets the green light to raze old structures and erect new (and taller) buildings that provide modern features for tenants who “want open space plans” wrote the DCP in its proposal. The New York Times described the re-zoning as part of the Bloomberg administration’s vision to re-vamp midtown and turn it into a more competitive business district.
Some notable buildings that have made MAS’ list include the New York Health & Racquet Club in Gothic Revival Style, the Graybar Building with Art Deco accents, the Neo-Gothic Swedish Seamen’s Church, and the Yale Club noted for its neo-classical façade.