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Old Posted Mar 13, 2013, 12:00 PM
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http://commercialobserver.com/2012/0...adison-avenue/

Quote:
According to a person with knowledge of the 24-story building, it needs significant work to address several shortcomings, including low ceilings, bulky heating and cooling convector units that hug the windows and block the building’s views and various outdated core systems such as the property’s elevators and HVAC.

With a city proposal to potentially rezone areas of Midtown in a way that would allow significantly larger buildings to be built there, 380 Madison Avenue could also be a candidate for a larger project in which the building would be demolished and replaced with a significantly bigger structure some sources said.


http://property.jll.com/380MadisonAvenue/overview.html


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