Tall & Urban News

Mori Building Co., Ltd., one of Japan's leading urban developers, has acquired a stake in One Vanderbilt through its U.S. subsidiary, Mori Building (U.S.A.) LLC. 

One Vanderbilt, a 59-story, 430-meter skyscraper, opened in 2020 at 42nd Street and Vanderbilt Avenue in Midtown Manhattan, adjacent to Grand Central Terminal. Designed by Kohn Pedersen Fox Associates (KPF), the building won the overall category for the CTBUH 2022 Award for Best Tall Building, by Height, 400 meters and above. The project offers 142,000 square meters of space for offices, retail, and dining, including a Michelin-starred restaurant. A key attraction is the SUMMIT One Vanderbilt observation deck, renowned for its stunning views.

This acquisition marks Mori Building’s expansion of its global portfolio, drawing on expertise from iconic projects like the Mori JP Tower (CTBUH 2024 Best Tall Building, Asia Region, Award of Excellence) in the Azabudai Hills Complex in Tokyo. The company continues to focus on urban innovation and shaping future cities through cross-border development and investment. The transaction for One Vanderbilt with SL Green Realty Corp. in New York City, was finalized on 21 November 2024.

Learn more about this at Mori Building Company.