Swisshotel Drake site

Address: 440 Park Ave.
Developer(s): Macklowe Properties
Architect:  
Floors: up to 70
Height:  
Status/Comments: PROPOSED/RUMORED. During the last week of January 2006, Harry Macklowe was said to be planning to purchase (for some $440 million, according to the New York Post) and demolish the historic Drake Swisshotel at the corner of 56th St. & Park Ave. The property's air rights would allow a residential project configured up to 70 stories tall.