New York development firm Rabina has closed on a $540 million construction package to complete a new supertall tower at 520 Fifth Avenue. Designed by Kohn Pedersen Fox, the structure will top out at 1,000 feet and contain a collection of condominiums and associated amenity spaces, boutique office space, a ground-floor retail component, and public recreation space.
Excavation is progressing at 520 Fifth Avenue, site of a 76-story mixed-use supertall skyscraper in Midtown, Manhattan. Designed by Kohn Pedersen Fox for Rabina Properties, which took over as the lead developer in 2019 from Ceruzzi Properties and SMI USA, the 995-foot-tall, 507,608-square-foot structure will yield 98 residential units, commercial space, and four cellar levels. Suffolk Construction is the general contractor for the project, which is located on a 10,625-square-foot lot at the corner of Fifth Avenue and West 43rd Street.
At number 12 on our construction countdown is 520 Fifth Avenue, a proposed 995-foot-tall mixed-use skyscraper in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Rabina Properties, who took over as the lead developer in 2019 from Ceruzzi Properties and SMI USA, the 507,608-square-foot structure will yield 98 residential units, commercial space, and four cellar levels. Permit applications that were filed in the beginning of 2021 for the project, which is located at the corner of Fifth Avenue and West 43rd Street.
Permits have been filed for a 70-story mixed-use tower at 520 Fifth Avenue, in Manhattan’s Midtown. Rabina Properties is listed as the owner behind the applications with Kohn Pedersen Fox Associates as the architect of record.
YIMBY checked in recently at 520 Fifth Avenue, the site of a planned 920-foot-tall skyscraper that takes the number 13 spot on our countdown of the tallest projects in progress in New York City. Located in Midtown at the corner of Fifth Avenue and West 43rd Street, the plot sits cleared for construction, which YIMBY expects will commence sometime in 2020. YIMBY last reported that Handel Architects is designing and Arthur Hooper of Ceruzzi Properties is developing the project in conjunction with SMI USA. Ceruzzi purchased the property in 2015 for $275 million from Thor Equities.
