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SL Green tower project demolition to start in Q3

Created at 31 May · 4:29 PM1 source↑ Market-relevant
IN SHORT

SL Green will begin demolition of the Brooks Brothers building and an adjacent property at 346 Madison Ave. and 11 E. 44th St. in the third quarter. The company plans to start construction on a new 46-story tower in the fall.

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Key Numbers

46-storyheight of new tower

Who's Involved

SL Green
developer of the new tower project
Steven Durels
leasing director at SL Green

↳ Why This Matters

SL Green's planned 46-story tower project signifies new development in Manhattan's commercial real estate sector. The demolition phase is a precursor to construction, indicating ongoing investment in office space despite broader market concerns about vacancy rates.

Key facts

  • SL Green will begin demolition in the third quarter.
  • Demolition will occur at 346 Madison Ave. and 11 E. 44th St.
  • Construction of a new 46-story tower is slated to begin in the fall.

SL Green's planned 46-story tower project signifies new development in Manhattan's commercial real estate sector. The demolition phase is a precursor to construction, indicating ongoing investment in office space despite broader market concerns about vacancy rates.

Frequently asked questions

SL Green is planning to build a new 46-story tower.

Demolition is slated to begin in the third quarter.

The new tower will be located at 346 Madison Ave. and 11 E. 44th St.

What Happens Next

01Demolition of 346 Madison Ave. and 11 E. 44th St. to begin in Q3.
02Construction of the new 46-story tower to begin in the fall.

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Cadence

How It Developed

31 May · 4:26 PM
SL Green's 46-story tower project at 346 Madison Ave. is expected to begin demolition in the fall.
New York Post via PiQSuite

Sources

T1
46-story SL Green tower project slated to begin in the fallm.piqsuite.com

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