The Federal Transit Administration (FTA) is serving as the lead federal agency for NEPA review for the 175 Park Avenue project. Commodore Owner LLC (the Project Sponsor), a partnership between RXR and TF Cornerstone, is proposing to redevelop 175 Park Avenue (the Project), located directly adjacent to Grand Central Terminal (GCT) in New York, New York. The Project includes the acquisition of the site, the demolition of the existing hotel, and the construction of a new, mixed-use office and hotel building with retail, public space, and large-scale transit and public concourse improvements. The proposed building would extend up to 92 stories and approximately 1,575 feet high, providing approximately 2.9 million gross square feet (gsf) of space including approximately 2.2 million gsf of office space; 258,000 gsf of hotel space, including approximately 200 hotel rooms; 21,000 sf of outdoor publicly accessible terrace space; 25,000 sf of Metropolitan Transportation Authority (MTA)  circulation space; and 3,000 gsf of retail on the cellar, ground, and second floors.