Earlier this spring, YIMBY reported on the approval of the planned residential conversion of the 24-story 212 Fifth Avenue, in NoMad, and now the project is underway, according to The New York Times. Madison Equities, Thor Equities, and Building and Land Technology are developing, and 48 condominiums are being carved out of the structure, ranging from two to four bedrooms apiece. Helpern Architects is designing, and a spring 2016 delivery date is anticipated.
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