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.
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I had almost forgotten about this project, but I’m happy to see it resume. The design is pretty good, though after so long, I wouldn’t be surprised to see a redesign. By the way, completion in summer 2023 sounds very ambitious, just saying. Anyhow, I’m excited to see how this long dormant project will turn out.
Happy Thanksgiving!
The superstructure itself with work in progress, it can be seen crews could clear construction site. A hollow box-shaped metal frame, this is top to aerial view: Thanks to Michael Young.
Views from Madison Square Park of the ESB and the south will be forever changed with the ESB being blocked by this structure.
And all for the benefit of 41 people who will only be here one or two weeks out of the year, if that. Nice
Looks nice. Finally.
The observation deck at the top here is straight out of a SciFi film.. Let’s see how the reality translates.
A super tall structure with open floor plans?
Elevatoros and egress stairway all bunched up on the western side
within a very slim structural framework?.
Sounds like the doomed WTC.
Notice how well this SUPERTALL
for a select 41 tenants fits seamlessly into the neighborhood, and yet looks like a giant MIDDLE FINGER towards the ESB?! 🤤🤣
Am sure that observation deck will be used at least twice a month by the part-time tenants?
What a waste!
Did you come up with the middle finger analogy all by yourself?
Greed and middle fingers seem to go together. This building will be hated by most in no time flat.
Why? I have no problem with it at all. Class envy is a lousy trait.
I’m amazed at how the much better-looking 57th Street towers, designed by renowned architects and built by local developers, are relentlessly attacked by NIMBYs, but this pile of hot Russian garbage gets to fly under the radar. I’m hoping for a redesign at the very least.
Watching the N.Y. skyline change so drastically. Soon this building will block the view of the ESB from the south, and new buildings planned on the Hotel Pennsylvania site will block the view from the west. Sadly imagining,in the next decade,the ESB will be caged in. “Progress”?
Oh, a blank side core. Great.
It gets weirder when you look at the DOB axonometric. It doesnt even appear to take advantage of the whole site – which is already tiny. It also appears to interact with the historic neighbors and preserve the streetwall in the most incompetant way possible. This building is trash.
I was just thinking about this one, glad to hear it‘s resumed construction. I‘m not the biggest fan of the ultra slender towers but this has an interesting design and will definitely stick out in that neighborhood. Talking about interesting projects has anyone heard any updates on 45 Broad street or WTC2?
The Russians don’t finish projects. We will see.
Absolutely horrid. Must be stopped, or chopped! Height caps on areas sensitive to the ESB should not be controversial. And of course foreign funded for foreign buyers.