Kensico begins a burdensome land use assessment for the 509 Mad conversion

The starting gun sounded for Kensico Properties’ slow march toward a luxury hotel in Midtown Manhattan. The Department of City Planning has certified the developer’s application to transform 509 Madison Avenue from a 21-story office building to a 30-story hotel, Crain’s reported. This officially launches the application into the seven-month Uniform Land Use Review Procedure, […]