It looks like a fancy prison.
This is a view of the Manhattan Skyline with 432 Park Avenue looking tall & thin among its neighbors. The window treatment is called a 'slumber shade'
Rising up inside the concrete jungle like a beanstalk reaching for the sky. Photo taken from an apartment building on Eastern Parkway across the street
Citybooster you're right but I don't think the NIMBYs will stop anything. The city is committed to revitalizing the JSQ area which includes McGinley Square.
Construction Video from inside: