Starchitects Descend on 425 Park, Present Big Plans for Possible Replacement
Jim Hanas July 20, 2012, 10:38 a.m.
In what sounds like a cross between a party and a design crit from architecture college, L&L Holdings held four marathon sessions last week to explore proposals for replacing the tower it owns at 425 Park Avenue with a new modern office building.
Last year, L&L revealed it planned to tear down the 1950s office block and replace it with something new. A complication in the zoning meant L&L had to keep the bottom 25 percent of the building intact, otherwise the developer would be forced to replace the current building with something smaller. It tapped 11 of the world’s top architects to come up with their own plans, then chose four to present preliminary designs, which took place last week.