343 Madison Avenue

Last updated
343 Madison Avenue
343 Madison Avenue
Interactive map of the 343 Madison Avenue area
General information
Coordinates 40°45′15″N73°58′40″W / 40.7543°N 73.9778°W / 40.7543; -73.9778
Estimated completion2029
Design and construction
Architect Kohn Pedersen Fox

343 Madison Avenue is a skyscraper under construction in the Midtown Manhattan neighborhood of New York City. The building was designed by Kohn Pedersen Fox for developer BXP, Inc.. The building will replace the former Metropolitan Transportation Authority headquarters across from Grand Central Terminal. [1] As of December 2025, excavation at the site was under way. [2]

Norges Bank Investment Management was an investor in the project, [3] though they later exited the arrangement, returning their investment to BXP for $43.5 million. [4]

See also

References

  1. ↑ Londono, Vanessa (August 7, 2022). "Boston Properties Files Permits For 49-Story Skyscraper At 343 Madison Avenue In Midtown East, Manhattan". New York YIMBY. Retrieved August 7, 2022.
  2. ↑ Young, Michael; Pruznick, Matt (22 December 2025). "Excavation Underway for 844-Foot Skyscraper at 343 Madison Avenue in Midtown East, Manhattan". New York YIMBY. Retrieved 5 February 2026.
  3. ↑ Wong, Natalie; Lundgren, Kari (27 September 2023). "NYC Project Near Grand Central Draws Norway Fund as Investor". Bloomberg.com. Retrieved 27 September 2023.
  4. ↑ Elstein, Aaron (30 July 2025). "Norway backs out as BXP's partner on 46-story Madison Avenue tower". Crain's New York Business. Retrieved 1 February 2026.
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