Citadel’s Ken Griffin Taps St. Patrick’s Air Rights to Boost NYC Office Tower
- Citadel is working with Vornado, Rudin to build new skyscraper
- Archdiocese says money will likely go to cathedral’s upkeep
A spokesperson for the Archdiocese confirmed an agreement to sell some of the Cathedral’s air rights, adding that the final price has not been determined yet.
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Citadel’s Ken Griffin is in contract to purchase air rights from St. Patrick’s Cathedral in Manhattan to build a giant skyscraper that will house Citadel on Park Avenue.
Griffin, alongside Vornado Realty Trust and Rudin, have been working to map out plans for a 1.7 million-square-foot tower that would replace three properties at 350 Park Ave.