Kips Bay Generating Station was a steam plant in Manhattan, New York City, that operated from 1926 until 1987. The facility was located in the Murray Hill neighborhood on the east side of First Avenue between East 35th and 36th streets, alongside the East River. Originally built by the New York Steam Corporation, the plant produced steam for the New York City steam system and was later operated by Consolidated Edison after merger of the companies. The steam plant was demolished from 1987 to 1994. As part of the decommissioning and sale of Con Edison's nearby Waterside Generating Station in 2005, the former site of the Kips Bay Generating Station was sold to a private developer, remediated, and redeveloped into high-rise apartments and a school.