Work Appears to Stall for Possible KPF-Designed Residential Tower at 316 Fifth Avenue, in Koreatown
Work has yet to begin on 316 Fifth Avenue, a 539-foot-tall skyscraper from Kohn Pedersen Fox in Koreatown. Developed by Cottonwood Management, permits for the 39-story building were filed in July 2017 and called for 27 condominiums and 6,809 square feet of retail space across the first two floors. The Midtown development, totaling 52,340 square feet of newly created space, will be located at the corner of Fifth Avenue and West 32nd Street.