I finally got a chance to visit Central Park today.
My first stop was a look at the Peregrine Falcon nest, which yielded nothing. It was unclear if the birds had fledged or were sleeping. I suspect they've fledged, but will need to make another trip back to be sure.
Then it was off to Sheep Meadow to look for the fledglings. I always suspected they would hang out among the fenced off American Elms along the Mall, and that's exactly where I found them. Both were in the same tree one on a lower branch and one on a higher branch. They were very relaxed and looked healthy and well fed.