April 15, 2019
Just one month after closing on 5 East 51st Street, a six-floor rental across the street from St. Patrick’s Cathedral, developer Harry Macklowe has filed demolition permits with the city, as CityRealty reported. This move brings Macklowe one step closer to realizing his vision for Tower Fifth, a 1,556-foot office tower that, if approved, will become the second-tallest building in the Western Hemisphere, surpassing Macklowe’s own 432 Park Avenue and coming in just short of One World Trade Center. (Tower Fifth's roofline would actually be 216 feet above One World Trade Center's but since its mast brings the building's official height to 1,776 feet it would retain the title of the city's tallest building.)
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