Home News Demolition Underway at 405 Park Avenue in Midtown East, Manhattan

Demolition Underway at 405 Park Avenue in Midtown East, Manhattan

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Demolition work is skyrocketing at 405 Park Avenue, a potential skyscraper location. Midtown East, Manhattan. The original plan a few years ago required a refurbishment to add several floors to the existing 17-story structure, but in January 2021 a full dismantling permit was applied for. Owned by MRP Realty and dismantled by Titan IndustrialSVC Corp. Property contractor located on the corner of Park Avenue and East 54th Street.

Recent photos show that 405 Park Avenue is covered with black nets and scaffolding and all windows have been removed. Construction elevators are installed in the southwest corner, and sidewalk scaffolding surrounds the south and west sides of the site. The mid-rise structure is downwards from the rest of the summer months to autumn and can reach the surface by the end of the year.

405 Park Avenue.Photo by Michael Young

405 Park Avenue.Photo by Michael Young

405 Park Avenue.Photo by Michael Young

405 Park Avenue.Photo by Michael Young

405 Park Avenue.Photo by Michael Young

405 Park Avenue.Photo by Michael Young

405 Park Avenue.Photo by Michael Young

Just north is 409 Park Avenue. It was a 4,300-square-foot, two-story townhouse built in 1910 and demolished after a permit was applied for in May 2021.At the northern end of the block 417 Park Avenue, A 14-story, 29-unit housing cooperative site built in 1916. All three parcels could be integrated to build a large skyscraper that straddles East 54th Avenue and East 55th Avenue. Meanwhile, the Rays on 405 Park Avenue creates a significant gap in the corridors of the skyscrapers that line Park Avenue.

405 Park Avenue.Photo by Michael Young

The site is 4 blocks from Lexington Avenue-53 Chome Subway Station and is served by E, M and 6 trains.

Demolition is expected to be completed by the third quarter of 2023, as stated by the Construction Commission. No architect, render, or completion date has been announced for replacement.

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