The new building, at 346 Madison Ave., will stretch 46 stories and have about 850,000 square feet (79,000 square meters) of rentable space, according to a statement Wednesday. The architecture firm KPF is designing the property with terraces, a luxury wellness center with a padel court, an auditorium and tenant lounge.
Last year, SL Green paid $160 millionfor two adjoining buildings at the site that will be demolished to make way for the new tower. The ...