The brick envelope of 292 Fifth Avenue is reaching the final stories of the 21-story mixed-use hotel. Designed by Gene Kaufman Architect and developed by Sam Chang, the project is located between West 30th and 31st Streets on the border of both Koreatown and NoMad. The property is set to yield 16 residential units and a hotel operated by Le Meridien.
Almost all of the masonry on the main elevation facing Fifth Avenue is in place, with only the ground floor and uppermost levels awaiting completion. Work should be well underway on the interiors of the edifice, which is covered in scaffolding and black construction netting. This will likely be disassembled sometime in the latter half of 2020.
Below is the latest rendering of 292 Fifth Avenue. The actual façade features a warmer tone of masonry than what is depicted.
Le Meridien will bring 196 guest rooms, averaging 325 square feet apiece. The hotel component will span the second through 16th stories, and the residential units will occupy the remainder of the building above. Amenities include an outdoor terrace on the 17th floor, a ground-level restaurant, and bicycle storage. The property is located among a plethora of dining and retail establishments including Fifth Avenue flagship stores and the cafes and restaurants of Koreatown to the north on 32nd Street.
The nearest transit hub is the 34th Street-Herald Square station, with access to the B, D, F, N, Q, R, W, and PATH trains. The 6 train is also nearby at the 33rd Street station along Park Avenue South.
Construction should wrap up on 292 Fifth Avenue before the end of this year.