# Citadel-led group agrees deal for 1,400-foot Midtown Manhattan tower

- URL: https://talkfuse.com/story/deal-finally-agreed-for-gleaming-new-new-york-skyscraper-that-will-be-taller-than-the-empire-state-building/
- Published: 2026-10-24T20:49:24+00:00
- Updated: 2026-10-24T21:02:16+00:00
- Original publisher: Daily Mail (publisher lean: Right)
- Original article: https://www.dailymail.com/news/article-16227639/Deal-agreed-gleaming-New-York-skyscraper-Empire-State-Building.html?ns_mchannel=rss&ns_campaign=1490&ito=1490
- Topics: World

## Key points

- Citadel is the anchor tenant in a planned 62-storey Park Avenue tower.
- The building is set to rise more than 1,400 feet.
- A $3.3 billion construction loan has been secured.

## Summary

Ken Griffin’s Citadel, Vornado Realty Trust and Rudin have reached an agreement to develop a 62-storey office tower at 350 Park Avenue in Midtown Manhattan. The project matters because its planned height would make it taller than the Empire State Building and nearly level with One Vanderbilt as Midtown’s tallest office building.

The tower is planned to rise more than 1,400 feet, with Citadel taking 1.05 million square feet as its anchor tenant. Plans include a 112,500-square-foot public plaza, 16,000 square feet of ground-floor shops, a café and a restaurant. The project has secured a $3.3 billion construction loan, bought up to $150 million in air rights from two churches, and is expected to be completed in 2032.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.