Demolition is complete at 570 Fifth Avenue, the site of a potential 1,101-foot mixed-use supertall in the Diamond District of Midtown, Manhattan. Developed by Extell, the project could either unfold as a 78-story, 1.4-million-square-foot hotel and condominium tower or as an 860-foot-tall, 47-story office skyscraper yielding more than 1.5 million square feet. ALBA Services was the demolition contractor for the property, which spans between West 46th and West 47th Streets.
Since our last update in December, the remaining rubble from the demolition of the plot’s final occupant has been cleared, and the property sits idly awaiting the start of excavation. It remains unclear when this activity will get underway.
570 Fifth Avenue. Photo by Michael Young
570 Fifth Avenue. Photo by Michael Young
570 Fifth Avenue. Photo by Michael Young
570 Fifth Avenue. Photo by Michael Young
The 12-story, 172-foot-tall corner holdout at 576 Fifth Avenue will eventually be dwarfed by the massive scale of Extell’s future project.
570 Fifth Avenue. Photo by Michael Young
570 Fifth Avenue. Photo by Michael Young
570 Fifth Avenue. Photo by Michael Young
570 Fifth Avenue. Photo by Michael Young
The eye-catching glass curtain wall of Gary Barnett’s International Gem Tower is visible to the west of the site.
Photo by Michael Young
The following rendering of 570 Fifth Avenue’s multi-story podium shows the first two levels dedicated to retail space and a tall main entrance along Fifth Avenue. A landscaped terrace is depicted atop the podium setback.
570 Fifth Avenue’s podium.
Looking north at the top of the podium for 570 Fifth Avenue
The outdoor terrace space on the podium of 570 Fifth Avenue
The top floors of 570 Fifth Avenue as a supertall.
The upper portion of 570 Fifth Avenue will have a collection of relatively shallow setbacks, most of which are placed on the eastern elevation, while the back western profile will remain almost completely flat.
570 Fifth Avenue, developed by Extell.
The chart below details each development scenario. The residential and hotel design will be Extell’s third project to surpass 1,000 feet in New York City and will become the second tallest skyscraper along Fifth Avenue after the Empire State Building.
570 Fifth Avenue’s two skyscraper design outcomes.
YIMBY last reported that foundation work is expected to last roughly 12 months, followed by the rise of the superstructure for 28 months with a three-month overlap with the initial below-grade work. After that, interior work will last another 28 months with an overlap of 11 months with the previous stage in construction.
A completion date for 570 Fifth Avenue has yet to be officially confirmed, though speculative reports have put it around 2027 should construction begin this year.
570 Fifth Avenue will join a number of new construction and renovation projects that are transforming New York’s iconic retail corridor, including Brookfield Properties‘ 660 Fifth Avenue and the Aman New York hotel and residences at the Crown Building. Nearby projects that added extra square footage to an existing structure include the three-story pavilion atop 727 Fifth Avenue for Tiffany & Co, and ten new floors for SHVO‘s upcoming Mandarin Oriental Residences Fifth Avenue. Some small outdated structures have also given way for larger, more modern buildings like Rolex’s 665 Fifth Avenue and Kohn Pedersen Fox’s 520 Fifth Avenue.
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hope it’s desperately needed housing! also 1500 hotel rooms isn’t too shabby either. don’t need more office space post-covid.
The retail space and the outdoor terrace add some aesthetics to the building, but as a whole, it is just another straight up-and-down box. When are the developers going to learn that a more elaborate design should be used for buildings that will have an effect on the NYC skyline for the next hundred years?
exactly. tall buildings are wonderful and necessary but christ developers should put an inkling of thought into making them look good
Honestly I would take this over anything built in long island city for example. All generic copycat glass boxes. This would also look good around Hudson Yards too and reminds me of 35 Hudson Yards
One of the sad things about development in Manhattan is the loss of specialized retail zones and no such zone is more famous or has persisted longer than the Diamond District. It’s evolution, I suppose, it’s eventually demise, but this project sure hastens it. I’m kind of surprised that Gershon is the one to do it but Extell has been pretty disrespectful of surroundings all along
Extell and Vornado are a scourge on our City.
How do they not know if they want to build housing or office space? Epithet funding depend on that?
The 78-story taller residential/hotel version is much sleeker and more attractive and absolutely the way to go. There is just no need for more office space in Midtown.
There’s always a need for new, state-of-art office space, as healthy leasings of Hudson Yards and Manhattan West indicates. And just so you know, not every job can – or should – be done at home.
I agree DGold, to have all of society working from home would feel like a step backwards in human evolution, social interaction and learning basic communication skills in person
No more office space!
Do you have a weird hatred of office builings? Especially in a business-oriented city like New York? Really. This is getting old…
Stop it Stanley, you’re sounding like a broken record player or a religious fanatic at this point
I vote for the taller building! Plus, a mixed-use building presents the best of all needs – especially residential.
Taller looks so much better and more proportionate!
Why would the lone building on the corner NOT want to sell as part of the site aggregation? Are they thinking they can extract more value in the future from another buyer? Weird…
It does seem strange. But I kind of like the situation. The small, older building anchors that enormous bland skyscraper in some kind of reality, and from a street level perspective will help to preserve a certain traditional Fifth Avenue charm, probably for as long as the two buildings are still standing, joined at the hip.
The older bldg. is beautiful, probably limestone, & will help Manhattan from becoming Houston
Its being demoed… More history destroyed for another modern monstrosity.
Looking from the safety construction site where a skyscraper is about to happen, from convincing evidence I think there is a tendency towards mixed-use residence and hotel. Put the reason on progress because I adhere to the principle, of being close to a beautiful building nearby. Which is highly probable: Thanks to Michael Young.
Build it already!!! Hopefully the tall version gets built