October 1, 2015, 6am PDT
A $1.1 billion lawsuit challenges the approval of plans for One Vanderbilt, adjacent to Grand Central Terminal, on the grounds that it circumvented the purchase of air rights from the adjacent Grand Central Terminal.
June 2, 2015, 8am PDT
In exchange for the approval to build One Vanderbilt, a 63-story office tower adjacent to Grand Central Terminal, the developer will give the MTA $220 million for upgrades to entrances of the Metro-North Railroad and the terminal's subway entrances.
The New York Times - N.Y. / Region
February 13, 2015, 11am PST
A development proposal for a 1,450 glass skyscraper adjacent to Grand Central Station prompted the Architectural Record to wonder whether New York is chipping away the "Beaux Arts heart" of Manhattan.