Manhattan’s GDSNY and Sweden’s Klövern purchased a two-story building at 407 Park Avenue for about $31 million.
YIMBY has the latest demolition permits filed for 409 Park Avenue in Midtown, Manhattan.
This is the building immediately south of 425 Park, along with its tiny neighbor. Unless the assemblage grows with the addition of the office building at 405 Park, it is unlikely this will be a tower of substantial height. 405 Park was recently put on the market, although the owners previously purchased air rights to renovate the building, intent on adding a few new floors and updating the facade.
Photos from YIMBY