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Griffin's Citadel Anchors $6.2B Manhattan Skyscraper
11 Aug
Summary
- A new Manhattan skyscraper will be anchored by Ken Griffin's Citadel.
- Developers formed a joint venture for the $6.2 billion project.
- The skyscraper is planned to be approximately 1.9 million square feet.
A new Manhattan skyscraper, set to be anchored by Ken Griffin's Citadel, is progressing as developers have established a joint venture. This collaborative effort aims to bring the roughly $6.2 billion project to fruition.
The Vornado Realty Trust and Rudin Management have joined forces with an affiliate of Griffin. This partnership will oversee the construction of a substantial development, anticipated to encompass approximately 1.9 million square feet.
This venture represents a considerable investment in New York City's real estate landscape. The scale of the project underscores its importance and potential impact on the Manhattan skyline. Further details about the skyscraper's design and specific timeline are expected as the joint venture solidifies its plans.
