825-Foot Tower to Rise Near Madison Square Park

A developer plans to build a 53-story residential building with 188 units at 15 East 30th Street in Midtown. The 370,000-square-foot structure will rise on a T-shaped plot with entrances located on both East 30th and East 31st streets. The huge new tower will also include 4,100 square feet of ground floor retail space.
 

Developer J.D. Carlisle has filed plans with the city to build a 53-story, 825-foot-tall residential building just north of Madison Square Park at 30th Street between Madison and Fifth avenues.

The existing five-story buildings on the site will be razed to make way for the new tower.

The new structure, designed by Handel Architects, would soar past the 620-foot tall One Madison and the soon-to-be-constructed 777-foot tower planned for 45 East 22nd Street, making it the tallest building between Chambers Street and the Empire State Building.

The tower, designed by Handel Architects, will have 188 apartments over 370,000 total square feet.

While the developer has not indicated whether the building will hold condominiums or rentals, the 14-foot ceilings point towards luxury units. Apartments in the tower are expected to average around 1,650 square feet.

The neighborhood, around Madison Square Park, has several other new residential and hotel developments in the works as well.

Developer Yitzchak Tessler is building a condo building on Madison Avenue and 33rd Street that is expected to rise at least 40 stories and have 70 units, including six penthouses.

And on Broadway between 29th and 30th streets, a 489-room Virgin Hotel beginning to rise. Richard Branson's new 40-story building will have retail at street level.

Another J.D. Carlisle tower under construction recently topped out just two blocks north along Madison Avenue, between 32nd and 33rd streets.

The 42-story building at 160 Madison Avenue is on track for residency early next year.


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