L&L receives TCO for 425 Park Avenue, over seven years after filing plans

L&L Holding Company, on January 5, was issued its initial temporary certificate of occupancy for construction of a 511,538-square-foot office building at 425 Park Avenue in the Plaza District. William Potts, vice chairman of capital construction at L&L, filed the plans.

The plans, pre-filed on September 18, 2013, call for the construction of a 892-foot tall, 41-story, office building. The time from pre-file to TCO was seven years and four months.

The project is described in the filings as: proposed new building (41-stories) as per plans filed herewith.

The building has several eating and drinking establishments and retail spaces, per the plans. Office space spans floors three through 19 and 22 through 41. The 20th floor has an additional eating and drinking establishment.

Norman Foster of Foster + Partners designed the building and Adamson Associates was the architect of record.

Citadel is among the building’s largest tenants. The firm expanded its lease in the $1 billion building in early 2019, now occupying 16 floors.

In June of 2020 the developer filed $72.1 million plans for work on floors four through 17 and 40 of the building.

Direct link to Acris document. LINK

Direct link to DOB document. LINK

Direct link to C of O document.LINK

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