One Vanderbilt Avenue

One Vanderbilt Avenue: TOD For GCT

The $3.3 billion One Vanderbilt Avenue skyscraper, at 1,401 feet New York City’s second-tallest office tower after One World Trade Center, is home to a $220 million TOD (transit-oriented development) project benefiting adjacent Grand Central Terminal and the forthcoming MTA Long Island Rail Road East Side Access project. Designed by Stantec, the TOD project is a P3 (public-private partnership) of the New York MTA and developer SL Green Realty designed to improve rail transit access and use for some 750,000 (pre-pandemic) daily Metro-North commuter rail and NYC Transit subway riders, as well as future LIRR riders.