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175 Park Avenue

PROJECT WEBSITE: http://175parkproject.nyc

All dates below are specific to the schedule of the Environmental Review and Permitting processes for this project.

In Progress

ENVIRONMENTAL REVIEW AND PERMITTING STATUS
IN PROGRESS

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ESTIMATED COMPLETION DATE OF ENVIRONMENTAL REVIEW AND PERMITTING
05/15/2026

0 out of 2

ENVIRONMENTAL REVIEW AND PERMITTING PROCESSES
COMPLETED

Surface Transportation

SECTOR
Surface Transportation

Project Category

CATEGORY
Project Category DOT Projects

Department of Transportation

LEAD AGENCY
Department of Transportation, Federal Transit Administration

Description:

The Federal Transit Administration (FTA) is serving as the lead federal agency for NEPA review for the 175 Park Avenue project. Commodore Owner LLC (the Project Sponsor), a partnership between RXR and TF Cornerstone, is proposing to redevelop 175 Park Avenue (the Project), located directly adjacent to Grand Central Terminal (GCT) in New York, New York. The Project includes the acquisition of the site, the demolition of the existing hotel, and the construction of a new, mixed-use office and hotel building with retail, public space, and large-scale transit and public concourse improvements. The proposed building would extend up to 92 stories and approximately 1,575 feet high, providing approximately 2.9 million gross square feet (gsf) of space including approximately 2.2 million gsf of office space; 258,000 gsf of hotel space, including approximately 200 hotel rooms; 21,000 sf of outdoor publicly accessible terrace space; 25,000 sf of Metropolitan Transportation Authority (MTA)  circulation space; and 3,000 gsf of retail on the cellar, ground, and second floors.

Permitting Timetable

The permitting timetable below displays data as reported by agencies. Dates for Environmental Review and Permitting processes (Actions) that are in 'Paused' or 'Planned' status are subject to change and are not indicative of a project's final schedule.

  • For information about extensions, select an Action from the timetable below and select 'View Action Details' at the bottom of the page.
Overall Project Timetable
 
STATUS
Schedule
Extension or Delay
Ahead of Schedule
Paused
No End Date
Planned

Action Information

For additional information, please select an Action from the Permitting Timetable above.

  • Action:  
  • Responsible Agency:  
  • Bureau:  
  • Action Status:  
  • SHPO:  
  • Action Identifier:  
  • Action Outcome:  
Milestone Original Target Date Current Target Date Milestone Complete
View Action Details