NoMad

262 Fifth Avenue

Excavation Progresses for 262 Fifth Avenue Residential Supertall in NoMad, Manhattan

Excavation is continuing at 262 Fifth Avenue, the site of a proposed 1,043-foot residential supertall in NoMad and number eight on our year-end construction countdown. 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 residential 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 property, which is located at the corner of Fifth Avenue and West 29th Street.

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Madison House Prepares for Occupancy at 15 East 30th Street in NoMad, Manhattan

At number 17 on our year-end countdown is Madison House, an 805-foot-tall residential skyscraper nearing completion at 126 Madison Avenue in the Midtown district of NoMad. Alternately addressed as 15 East 30th Street, the 62-story reinforced concrete tower is designed by Handel Architects and developed by Fosun Group and JD Carlisle and will yield 199 condominiums with sales and marketing led by Douglas Elliman Development Marketing, as well as 7,500 square feet of ground-floor retail space. Madison House has a T-shaped footprint stretching between East 30th and 31st Streets and also features a narrow one-story sliver that runs along Madison Avenue. YIMBY last reported that the residential inventory is more than 65 percent sold with over $400 million in sales, and occupancy is set to begin in February 2022.

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Construction Wraps Up on Ritz-Carlton Hotel and Residences at 1185 Broadway in Nomad, Manhattan

At number 28 on YIMBY’s annual construction countdown is the Ritz-Carlton Hotel and Residences, a 580-foot-tall skyscraper at 1185 Broadway in the Midtown, Manhattan neighborhood of NoMad. Designed by Rafael Vinoly and developed by MarriottRitz Carlton Hotels, and Flag Luxury Properties, the 45-story tower will yield 250 guest rooms spread across 150,000 square feet, as well as 16 one- and two-bedroom penthouse residences perched on the upper levels. Lendlease is the general contractor for the project, which is located at the corner of Broadway and West 28th Street. The Erin Boisson Aries team at Christie’s International Real Estate is handling the sales of the penthouses.

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262 Fifth Avenue

Activity Resumes on 1,011-Foot Supertall at 262 Fifth Avenue in NoMad, Manhattan

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.

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SOM’s 1245 Broadway Nears Completion in NoMad, Manhattan

Exterior work is wrapping up on 1245 Broadway, a 23-story commercial building in NoMad. Designed by Skidmore Owings & Merrill and developed by GDSNY and Sweden-based Klövern AB, the 318-foot-tall, LEED Gold structure will yield 200,000 square feet of office space with leasing handled by CBRE. StructureTech NY and Triton Construction are building the Midtown, Manhattan project, which stands at the corner of West 31st Street and Broadway.

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