BXP’s 343 Madison Ave. tower is going up

Read the original at New York Post ↗
New York Post · collected 2026-10-11 · by Steve Cuozzo

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Story summary

Construction has reached the podium level of the 343 Madison Avenue tower designed by KPF architects between East 44th and 45th streets in New York City. Despite some reports suggesting otherwise, this $2 billion project is well underway after securing a $1.2 billion construction loan last month. Major tenants including insurance giant Starr and law firm McDermott Will & Schulte have already committed to about half of the building’s 930,000 square feet. Rents are expected to be around $200 per square foot, with completion scheduled for 2029. Neighboring property SL Green is also planning a new tower on the site of the old Brooks Brothers store, making this area busy and noisy for several years.

Written for “BXP Tower Construction” on 2026-10-11, grounded in this article and the 0 other(s) covering the same event.

Signals How these are calculated →

Claims extracted
5
claim-shaped sentences
Uncertain
0%
0 of 5 hedged
Leaning
not political
takes no side on a contested political question
Correction & hedging signals
67.2
corrections and hedging in what we collected; not a measure of accuracy
Outlets on this story
1
Economy/Business
Narrative spread
1
articles carrying this framing
Analyzed 2026-10-11 · how these are computed

Story

📰 BXP Tower Construction
Economy/Business · 1 article(s) covering the same event.

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Compared with similar articles

Nothing to compare against. No article is close enough to this one for the pipeline to have linked or judged the pair.

Publisher

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Who wrote this

Steve Cuozzo
14 article(s) here · 1 carrying a prediction
🔮 Marquee-name tenants have already been signed for about half of the building’s 930,000 square feet — insurance giant Starr and law firm McDermott Will & Schulte.
2026-10-11 · assertive framing · BXP’s 343 Madison Ave. tower is going up
🔮 It routinely calls out the policies of blue-state mayors in Chicago and Portland who brought ruin to their cities strewn with homeless drug addicts and street criminals.
🔮 The complex would contain up to 2,300 apartments — estimated to cost around $1 billion and perhaps the city’s largest fully-entitled housing development site.
🔮 The repositioned tower will be re-
🔮 Meanwhile, even as demand shows no sign of letting up, no additional inventory will become available for years at such planned projects as Vornado and Ken Griffin’s 350 Park Ave., BXP’s 343 Madison Ave. and SL Green’s 346 Madison Ave.
🔮 JLL marketing materials cite 2,507 square feet although no one would confirm the number.
2026-09-27 · assertive framing · Solidcore signs deal for Upper East Side location
🔮 The friendly Asian invasion of Times Square could claim another trophy if the US subsidiary of Japan’s Round 1 amusements chain signs a lease at 1540 Broadway.
🔮 No one involved at 1150 Sixth Ave. could immediately be reached.
🔮 Sephora is expected to launch the new location in the first quarter of 2027.
🔮 It was popular mainly with schmaltz-loving tourists who wouldn’t know pastrami from prosecco.
Also by Steve Cuozzo
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 14 articles by Steve Cuozzo →

Topics

Brooks Brothers KPF McDermott Will & Schulte SL Green Starr

Subjects

Brooks Brothers ORG · 1× KPF ORG · 1× McDermott Will & Schulte ORG · 1× SL Green ORG · 1× Starr ORG · 1×

Narrative

Yet coverage elsewhere continues to suggest the $2 billion project is merely on the drawing board, despite having nailed down a $1.2 billion construction loan a month ago.
framing: assertive · carried by 1 article(s) · first seen 2026-10-11
🔮 Marquee-name tenants have already been signed for about half of the building’s 930,000 square feet — insurance giant Starr and law firm McDermott Will & Schulte.
2026-10-11 · New York Post
BXP’s 343 Madison Ave. tower is going up · assertive framing

Claims (5 extracted, 0 hedged)

Construction has reached the podium level of the KPF-designed tower between East 44th and 45th streets. asserted
Construction → reach → streets
Yet coverage elsewhere continues to suggest the $2 billion project is merely on the drawing board, despite having nailed down a $1.2 billion construction loan a month ago. asserted
project → continue → loan
Marquee-name tenants have already been signed for about half of the building’s 930,000 square feet — insurance giant Starr and law firm McDermott Will & Schulte. asserted
tenants → sign → feet
Rents are said to be in the $200 per square foot range. asserted
Rents → say → range
With SL Green preparing to replace the old Brooks Brothers store with a new tower of its own, Madison at East 44th is going to be a busy, noisy corner for years to come. asserted
Madison → prepare → years
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