Pavarini will do construction on Grand Central office tower.Kipp-Stawski, Inc. announced that Pavarini Construction Co., Inc. will serve as construction manager for the developer's new 25-story, 360,000 sf Class A office tower at 360 Madison Ave. The glass and steel tower will rise over the northwest corner of E. 45th St. and Madison Ave. Located in the heart of Midtown's super-hot Grand Central district, where the market availability rate for Class A properties just hit a 15-year low of less than 5%, 360 Madison is projected for completion in the fourth quarter of 2001. Founded in 1896 in Washington, DC, Pavarini Construction is led by construction industry titans Gene and Eric McGovern, and is currently headquartered in Greenwich, CT. The firm played a pivotal role in the development of such prestigious NYC NYC abbr. New York City NYC New York City properties as The Seagram Building Seagram Building High-rise office building in New York City (1958). Designed by Ludwig Mies van der Rohe and Philip Johnson, this sleek Park Avenue skyscraper is a pure example of a rectilinear prism sheathed in glass and bronze; it took the International Style to its zenith. , The Chrysler Building Chrysler Building, in midtown Manhattan, New York City, at Lexington Ave. between 42d and 43d St. The ultimate art deco-style skyscraper, it was commissioned by Walter P. Chrysler, designed by William Van Alen, and built in 1926–30. East, The Metropolitan Life Building, The Daily News Building, Pfizer World Headquarters, B. Altman's, Bloomingdale's and R.H. Macy's. "Pavarini's outstanding record of accomplishment at some of the most recognizable properties to mark the New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. skyline made them a natural choice for the first truly new construction in the Grand Central district in many years," said Dr. Axel Axel: see Absalon. Stawski, principal of Kipp-Stawski. "We're known for creative solutions and the extreme quality of our product. In the case of 360 Madison, we are going all out to create a magnificent new office tower that makes efficient use of a very complex site. We are confident that the selection of Pavarini Construction will insure Insure can mean:
Located at the site of the former Abercrombie & Fitch building, the new 360 Madison Ave. will encompass both new ground-up construction as well as major redevelopment. When completed, 360 Madison will represent the only new Class A office space available in the extremely tight Grand Central district. Full floors at 360 Madison will range in size from 5,400 sf to 22,000 sf, with several contiguous Adjacent or touching. Contrast with fragmentation. See contiguous file. blocks from 22,000 sf to 132,000 sf. The building will also feature more than 15,000 sf of retail space on both Madison Ave. and E. 45th St. Demolition Demolition is the opposite of construction: the tearing-down of buildings and other structures. It contrasts with deconstruction, which is the taking down of a building while carefully preserving valuable elements for re-use. has already been completed at the site and base building construction has begun, insuring swift delivery of the product. Cushman & Wakefield had been named exclusive leasing agent for the property. Leases with the Screen Actors Guild and David Berdon & Company, one of the nation's leading accounting firms, have already been signed, taking about one third of 360 Madison Avenue's available space. |
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