425 Park Ave Reconstruction On the Way

425 Park Ave Reconstruction On the Way

Starting in 2015, Keller Williams NYC’s home at 425 Park Avenue will be under construction for the next two years. In 2012, four architects battled it out for six months to determine who would design the new building. In the end, it was British architect Lord Norman Foster who came out on top. Foster, partnered with the L&L Holding Company, is sure to bring the building up to par with the modern skyscrapers that also call Park Avenue in Midtown home.

According to a post by The Real Deal from 2012, this massive redevelopment will be the “first full block office project on the Park Avenue Midtown stretch in almost 50 years.” The new building will boast 41 floors at 687 feet tall and roughly 670,000 square feet of space. L&L Holding will have to keep parts of the old steel skeleton from the original building, which is identifiable in the recently released images of the proposed completed project.

Though Keller Williams NYC will not be able to stay in the building throughout construction, headquarters will still remain in Midtown. In a 2013 interview with The Real Deal, CEO Eric Barron said that KWNYC would have four or five boutiques throughout Manhattan.

Architecture firm Kahn & Jacobs built the current building at 425 Park Avenue from 1954-1957. Comprised of commercial offices, this building has 32 stories and is nearly 388 feet tall.