Under Construction

350 Park Avenue

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The story so far

350 Park Avenue is a Foster + Partners supertall office tower rising on the full Park Avenue blockfront between East 51st and East 52nd Streets in Midtown East, Manhattan, developed by Citadel, Vornado Realty Trust and Rudin, a 62-story tower that broke ground in 2026 and is set to finish in 2032. Financed with $3.3B in August 2026.

The roughly 1.8-million-square-foot Class A tower will serve as the new headquarters of Citadel and Citadel Securities, anchoring at least 850,000 square feet for about 6,000 employees. The project is a tear-down: it replaces the existing 30-story midcentury tower at 350 Park Avenue, the 23-story office building at 40 East 52nd Street and a five-story building at 39 East 51st Street, and it draws on air rights purchased from St. Patrick's Cathedral and St. Bartholomew's Church under the Midtown East rezoning.

Expected opening 2032
Under construction
Tenant announced Aug 2026

Citadel anchor lease: Citadel Enterprise Americas signed a 15-year lease for about 1.05 million sq ft as the Griffin, Vornado and Rudin joint venture moved forward.

oftmw.com
Financing secured Aug 2026

Vornado, Citadel and Rudin lined up a $3.3B construction financing package, among the largest ever in New York City, for the $4.5B tower.

oftmw.com
Demolition underway Jul 2026

Scaffolding and netting wrap the existing 30-story 350 Park Avenue, 23-story 40 East 52nd Street and five-story 39 East 51st Street ahead of the Foster + Partners supertall.

newyorkyimby.com
Broke ground 2026
oftmw.com
Announced Dec 9, 2022

Vornado and Rudin announce agreements with Citadel to redevelop 350 Park Avenue as a Midtown East supertall.

stocktitan.net
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
TMW IntelligenceVerified Nov 7, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open

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Companies and contacts

Every firm on 350 Park Avenue, the office nearest it, and the people who work on it.

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Common questions

Frequently asked

Where is 350 Park Avenue located?

350 Park Avenue is located in New York City.

When will 350 Park Avenue be completed?

350 Park Avenue is under construction, with completion expected in 2032.

Who is developing 350 Park Avenue?

Citadel & More is the developer behind 350 Park Avenue.

Who designed 350 Park Avenue?

350 Park Avenue was designed by Foster + Partners.

Who is building 350 Park Avenue?

350 Park Avenue is being built by AECOM Tishman.