Developer Files Permits To Demolish 5-Story Midtown Building

MIDTOWN MANHATTAN, NY — A developer filed permits this month to demolish a five-story building on the corner of Fifth Avenue and West 33rd Street in order to build a new 26-story mixed-use building in its place, city records show.

The developer, Pi Capital Partners, filed permits with the Department of Buildings on Sept. 15 to demolish the existing office building, which sits across the street from the Empire State Building. The plans do not specify when the structure will be knocked down.

Developers first filed plans more than a year ago to construct a 283-foot tower on the lot, to be designed by Raymond Chan Architects. It will include 82 apartments and cover more than 85,000 square feet, including roughly 56,000 square feet for residential space and about 11,000 square feet for retail, New York YIMBY reported last year.