Excavation has finally begun at 262 Fifth Avenue, the site of a long-planned 1,011-foot-tall residential supertall skyscraper in NoMad. Designed by Russian-based firm Meganom with SLCE Architects as the executive architect and developed by Boris Kuzinez of Five Points Development under the Five Points 262 Project, LLC, the 60-story tower will yield 139,168 square feet of residential space divided into 41 units and 10,850 square feet of retail space on the first two floors. CM & Associates Construction Management, LLC is the general contractor for the project, which is located at the corner of Fifth Avenue and West 29th Street.
The site had sat dormant since the DOB approved plans in October of 2017 and the previous low-rise occupants of the site were cleared, but activity is now underway. Photographs looking through the construction board windows show excavators already more than several feet below street level and crews beginning to construct a temporary wooden and metal wall to hold back to exposed earth along Fifth Avenue.
The diagrammatic rendering shows a very subtle cantilever over 260 Fifth Avenue.
Renderings by DBOX were first released in late 2017 and show a very slender edifice composed of a mix of floor-to-ceiling glass, interspersed outdoor terraces on the upper half of the superstructure, and aluminum-clad walls. The eastern elevation facing Fifth Avenue will have porthole-shaped windows surrounded by aluminum and glass, the western side would house the vertical core walls holding all the mechanical systems, elevators, and egress staircases, and the northern and southern walls are to be enclosed with a triple-glazed glass curtain wall system and additional oversized aluminum panels.
Residences will have customizable open-floor plans due to expansive, column-free interiors that will be supplemented with unobstructed views looking south at Lower Manhattan and north at Midtown and the nearby Empire State Building. 262 Fifth Avenue is also expected to incorporate 260 Fifth Avenue and its prewar 12-story limestone exterior into its base. At the very top is a hollow box-shaped metal frame that will hold a private residential observation deck.
262 Fifth Avenue, rendering by Five Points Development/Mir.
262 Fifth Avenue’s newly revised completion date is now summer 2023.