Vornado, Rudin’s 350 Park office tower files for construction

A long-awaited office tower is now one step closer to being built.  Vornado Realty Trust has filed a construction permit application for a high-rise at 350 Park Avenue. Vornado is partnering with Rudin Management and hedge fund Citadel on the development of the tower located between East 50th and 51st streets. The permit application describes a 62-story building totaling more than 2 million square feet.  Citadel, in addition to being a partner on the project, has agreed to rent space in the tower. Vornado announced in 2022 that the hedge fund giant would pay an initial rent of $36 million […] This article originally appeared on The Real Deal. Click here to read the full story.