The project was announced on December 13, 2001: a 52-story tower on the east side of Eighth Avenue between 40th and 41st Street across from the Port Authority of New York & New Jersey Bus Terminal.
Proyek ini diumumkan pada 13 Desember 2001, berupa pendirian sebuah menara berlantai 52 di sisi timur Eighth Avenue antara 40th dan 41st Street di seberang Port Authority of New York & New Jersey Bus Terminal.