Much Of Midtown Block Faces Demolition, Permits Show

MIDTOWN MANHATTAN, NY — A full block of buildings along Madison Avenue is set to be demolished, according to permits filed with the city last week — possibly to make way for a new superall skyscraper.

Demolition permits were filed Friday for 341-347 Madison Ave. — three buildings between East 44th and 45th streets. That includes the former MTA headquarters, which the agency occupied between 1979 and 2014, when the agency moved its workers to Lower Manhattan.

The site's long-planned redevelopment has been a point of contention between the city and state, who disagreed over how the estimated $1 billion in proceeds should be allocated between them. The redevelopment moved forward last April after Mayor Bill de Blasio's administration dropped its objections.

Once the current buildings are knocked down, developers Boston Properties plan to construct a 1,050-foot-tall skyscraper on the site, consisting of 55 stories of retail and office space, New York YIMBY reported last year.

The three buildings facing demolition at 341, 343 and 347 Madison Ave. are 19 stories, 15 stories and 20 stories tall, respectively. The former MTA building at 347 Madison was developed in 1917 and formerly known as the Equitable Trust Building.

Last week's permits included no timeline for when the demolition would be complete, and made no mention of how the site will be redeveloped.

Previous coverage: Redevelopment Of Former MTA HQ To Generate $1B For Transit