Tall & Urban News

A skyscraper that could reach 1,350 feet (411 meters) with 51 office floors and seven terraces has been proposed in New York City. The anchor tenant, Citadel, will occupy about 54 percent of the office building, which will be designed by Foster + Partners.

Expected to be completed in 2032, the tower’s height would make it among the tallest buildings in the city, on par with JPMorgan Chase & Co.’s new headquarters in Midtown that is under construction, as well as One Vanderbilt, a skyscraper near Grand Central Terminal. 

Last month, Citadel confirmed plans to construct a tower at 350 Park Ave., a US$1.7 million-square-foot (158,000 square-meter) building that would replace three properties in that area. The firm has been working with developers Vornado Realty Trust and Rudin Management Co.

For more on this story, go to Bloomberg.